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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 451 · 40 questions
TalentJR

Business tip (Plan before you spend): One-time cost: bought once and used many times. Running cost: bought again for every batch. Money left = budget − all the costs. Total budget needed = materials for every item + one-time costs. Greatest number you can buy = money ÷ price of one, rounded down to a whole number.

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  1. 1.Aarav has ₹410 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Aarav can buy?
  2. 2.True or false: “a price board” is a running cost. (a) True (b) False
  3. 3.Which of these is a one-time cost? (a) a cash box (b) sugar (c) lemons (d) paper cups
  4. 4.🔍 Which is the odd one out? (a) ice (b) a folding table (c) seeds and soil (d) sugar
  5. 5.Lakshmi’s stall budget is ₹260. Napkins cost ₹30, card paper cost ₹110 and lemons cost ₹100. How many rupees of the budget are left?
  6. 6.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) ice (d) a cooler box
  7. 7.Farhan plans to make 45 clay diyas. Each needs ₹7 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  8. 8.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  9. 9.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  10. 10.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  11. 11.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) paper cups (d) a cooler box
  12. 12.Kavya’s stall budget is ₹660. Lemons cost ₹240, pots cost ₹300 and a banner cost ₹30. How many rupees of the budget are left?
  13. 13.Ananya plans to make 50 fruit cups. Each needs ₹8 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  14. 14.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) a cloth banner (d) tea leaves and milk
  15. 15.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  16. 16.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) a price board (d) lemons
  17. 17.Meera has ₹380 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Meera can buy?
  18. 18.Ishaan’s stall budget is ₹740. Lemons cost ₹220, sugar cost ₹60 and card paper cost ₹170. How many rupees of the budget are left?
  19. 19.Nisha has a budget of ₹1000. The stock costs ₹50 and the stall fee is ₹960. Is the budget enough? (a) No (b) Yes
  20. 20.Kavya has ₹370 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Kavya can buy?
  21. 21.Kavya has a budget of ₹900. The stock costs ₹250 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  22. 22.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  23. 23.Dev has ₹440 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Dev can buy?
  24. 24.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  25. 25.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  26. 26.Joseph plans to make 25 jute bags. Each needs ₹10 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  27. 27.Farhan’s stall budget is ₹610. Paper cups cost ₹210, napkins cost ₹120 and a price board cost ₹170. How many rupees of the budget are left?
  28. 28.Kabir has ₹60 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Kabir can buy?
  29. 29.Meera plans to make 17 handmade cards. Each needs ₹3 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  30. 30.Riya has a budget of ₹1000. The stock costs ₹400 and the stall fee is ₹570. Is the budget enough? (a) No (b) Yes
  31. 31.Dev’s stall budget is ₹580. Sugar cost ₹120, paper cups cost ₹140 and napkins cost ₹290. How many rupees of the budget are left?
  32. 32.Ananya’s stall budget is ₹500. A price board cost ₹40, paper cups cost ₹200 and napkins cost ₹170. How many rupees of the budget are left?
  33. 33.True or false: “a cloth banner” is a running cost. (a) False (b) True
  34. 34.Which of these is a one-time cost? (a) a juicer (b) seeds and soil (c) lemons (d) tea leaves and milk
  35. 35.Dev has a budget of ₹1000. The stock costs ₹190 and the stall fee is ₹830. Is the budget enough? (a) Yes (b) No
  36. 36.Lakshmi has a budget of ₹800. The stock costs ₹230 and the stall fee is ₹560. Is the budget enough? (a) Yes (b) No
  37. 37.Riya has a budget of ₹600. The stock costs ₹130 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  38. 38.Rohan has a budget of ₹700. The stock costs ₹50 and the stall fee is ₹640. Is the budget enough? (a) Yes (b) No
  39. 39.Nisha’s stall budget is ₹230. Lemons cost ₹60, card paper cost ₹20 and seeds cost ₹90. How many rupees of the budget are left?
  40. 40.Saanvi has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No

Answer key

  1. 27
  2. False
  3. a cash box
  4. a folding table
  5. 20
  6. ice
  7. 445
  8. a one-time cost
  9. a one-time cost
  10. a running cost
  11. a cooler box
  12. 90
  13. 640
  14. a cloth banner
  15. a running cost
  16. a price board
  17. 38
  18. 290
  19. No
  20. 24
  21. Yes
  22. a running cost
  23. 110
  24. a one-time cost
  25. a running cost
  26. 410
  27. 110
  28. 7
  29. 301
  30. Yes
  31. 30
  32. 90
  33. False
  34. a juicer
  35. No
  36. Yes
  37. Yes
  38. Yes
  39. 60
  40. No

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