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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 494 · 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.Joseph plans to make 32 friendship bands. Each needs ₹6 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  2. 2.Kavya’s stall budget is ₹510. Pots cost ₹140, a banner cost ₹220 and a price board cost ₹110. How many rupees of the budget are left?
  3. 3.Riya plans to make 41 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  4. 4.True or false: “a folding table” is a one-time cost. (a) False (b) True
  5. 5.Farhan’s stall budget is ₹950. Ribbon cost ₹230, sugar cost ₹200 and card paper cost ₹280. How many rupees of the budget are left?
  6. 6.Ananya has a budget of ₹900. The stock costs ₹340 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  7. 7.Which of these is a running cost? (a) a price board (b) paper cups (c) a cooler box (d) a cash box
  8. 8.Meera’s stall budget is ₹650. Sugar cost ₹120, paper cups cost ₹150 and napkins cost ₹220. How many rupees of the budget are left?
  9. 9.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  10. 10.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) paper cups (d) a cooler box
  11. 11.Arjun has a budget of ₹500. The stock costs ₹60 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  12. 12.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  13. 13.Arjun’s stall budget is ₹680. Lemons cost ₹140, a banner cost ₹110 and napkins cost ₹190. How many rupees of the budget are left?
  14. 14.Farhan plans to make 10 clay diyas. Each needs ₹2 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  15. 15.True or false: “a price board” is a running cost. (a) True (b) False
  16. 16.Arjun has a budget of ₹900. The stock costs ₹380 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  17. 17.Which of these is a one-time cost? (a) tea leaves and milk (b) a juicer (c) paper cups (d) ice
  18. 18.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  19. 19.🔍 Which is the odd one out? (a) paper cups (b) ice (c) a cooler box (d) card paper
  20. 20.🔍 Which is the odd one out? (a) a cash box (b) paper cups (c) tea leaves and milk (d) ice
  21. 21.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  22. 22.Which of these is a running cost? (a) a cash box (b) a cooler box (c) a folding table (d) seeds and soil
  23. 23.True or false: “card paper” is a one-time cost. (a) False (b) True
  24. 24.True or false: “a cooler box” is a running cost. (a) True (b) False
  25. 25.Which of these is a running cost? (a) a cash box (b) a folding table (c) a cooler box (d) tea leaves and milk
  26. 26.Meera has a budget of ₹500. The stock costs ₹150 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  27. 27.Zoya has ₹370 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Zoya can buy?
  28. 28.Which of these is a one-time cost? (a) sugar (b) a cash box (c) ice (d) lemons
  29. 29.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  30. 30.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  31. 31.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  32. 32.Tara’s stall budget is ₹690. Lemons cost ₹260, paper cups cost ₹150 and card paper cost ₹140. How many rupees of the budget are left?
  33. 33.True or false: “lemons” is a running cost. (a) False (b) True
  34. 34.Which of these is a one-time cost? (a) paper cups (b) card paper (c) a cloth banner (d) seeds and soil
  35. 35.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  36. 36.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) lemons (d) a price board
  37. 37.Meera plans to make 42 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  38. 38.Joseph’s stall budget is ₹580. Sugar cost ₹160, seeds cost ₹290 and a banner cost ₹40. How many rupees of the budget are left?
  39. 39.Aarav has ₹290 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Aarav can buy?
  40. 40.Riya has ₹340 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Riya can buy?

Answer key

  1. 312
  2. 40
  3. 373
  4. True
  5. 240
  6. No
  7. paper cups
  8. 160
  9. a running cost
  10. paper cups
  11. No
  12. a one-time cost
  13. 240
  14. 120
  15. False
  16. Yes
  17. a juicer
  18. a running cost
  19. a cooler box
  20. a cash box
  21. a running cost
  22. seeds and soil
  23. False
  24. False
  25. tea leaves and milk
  26. No
  27. 61
  28. a cash box
  29. a running cost
  30. a one-time cost
  31. False
  32. 140
  33. True
  34. a cloth banner
  35. a one-time cost
  36. lemons
  37. 570
  38. 90
  39. 36
  40. 22

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