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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 504 · 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.Ananya plans to make 26 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  2. 2.Rohan has a budget of ₹400. The stock costs ₹50 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  3. 3.Nisha plans to make 37 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  4. 4.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  5. 5.Nisha has ₹390 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Nisha can buy?
  6. 6.Meera’s stall budget is ₹660. Card paper cost ₹150, napkins cost ₹260 and lemons cost ₹200. How many rupees of the budget are left?
  7. 7.Joseph’s stall budget is ₹510. Napkins cost ₹60, seeds cost ₹230 and a banner cost ₹40. How many rupees of the budget are left?
  8. 8.Kavya’s stall budget is ₹600. Lemons cost ₹200, napkins cost ₹50 and card paper cost ₹50. How many rupees of the budget are left?
  9. 9.Joseph’s stall budget is ₹880. Napkins cost ₹120, seeds cost ₹280 and lemons cost ₹250. How many rupees of the budget are left?
  10. 10.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  11. 11.Zoya’s stall budget is ₹550. Sugar cost ₹230, seeds cost ₹70 and a banner cost ₹20. How many rupees of the budget are left?
  12. 12.Which of these is a one-time cost? (a) sugar (b) a price board (c) lemons (d) card paper
  13. 13.🔍 Which is the odd one out? (a) a cooler box (b) sugar (c) a cloth banner (d) a price board
  14. 14.Which of these is a one-time cost? (a) tea leaves and milk (b) a cloth banner (c) card paper (d) ice
  15. 15.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) ice (d) a price board
  16. 16.Saanvi’s stall budget is ₹410. Pots cost ₹170, a banner cost ₹50 and paper cups cost ₹140. How many rupees of the budget are left?
  17. 17.Which of these is a one-time cost? (a) sugar (b) paper cups (c) a cash box (d) ice
  18. 18.Kabir has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  19. 19.True or false: “a cooler box” is a running cost. (a) False (b) True
  20. 20.Tara’s stall budget is ₹930. Napkins cost ₹300, sugar cost ₹280 and ribbon cost ₹60. How many rupees of the budget are left?
  21. 21.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  22. 22.True or false: “a cash box” is a one-time cost. (a) False (b) True
  23. 23.Diya has a budget of ₹800. The stock costs ₹80 and the stall fee is ₹740. Is the budget enough? (a) No (b) Yes
  24. 24.Which of these is a running cost? (a) sugar (b) a folding table (c) a price board (d) a cooler box
  25. 25.Rohan’s stall budget is ₹850. Pots cost ₹150, a banner cost ₹240 and lemons cost ₹300. How many rupees of the budget are left?
  26. 26.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  27. 27.Diya has a budget of ₹600. The stock costs ₹70 and the stall fee is ₹580. Is the budget enough? (a) No (b) Yes
  28. 28.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a cash box (d) paper cups
  29. 29.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) a cash box (d) a folding table
  30. 30.Aarav has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹190. Is the budget enough? (a) No (b) Yes
  31. 31.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  32. 32.Lakshmi has a budget of ₹400. The stock costs ₹110 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  33. 33.Rohan’s stall budget is ₹520. Pots cost ₹70, ribbon cost ₹100 and a banner cost ₹60. How many rupees of the budget are left?
  34. 34.True or false: “seeds and soil” is a running cost. (a) True (b) False
  35. 35.🔍 Which is the odd one out? (a) sugar (b) a cooler box (c) paper cups (d) lemons
  36. 36.Gurpreet’s stall budget is ₹670. Seeds cost ₹120, ribbon cost ₹70 and a banner cost ₹180. How many rupees of the budget are left?
  37. 37.Ishaan has a budget of ₹800. The stock costs ₹340 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  38. 38.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  39. 39.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  40. 40.Which of these is a running cost? (a) seeds and soil (b) a cloth banner (c) a cash box (d) a cooler box

Answer key

  1. 342
  2. Yes
  3. 161
  4. True
  5. 39
  6. 50
  7. 180
  8. 300
  9. 230
  10. True
  11. 230
  12. a price board
  13. sugar
  14. a cloth banner
  15. a price board
  16. 50
  17. a cash box
  18. Yes
  19. False
  20. 290
  21. a one-time cost
  22. True
  23. No
  24. sugar
  25. 160
  26. False
  27. No
  28. paper cups
  29. seeds and soil
  30. Yes
  31. a running cost
  32. No
  33. 290
  34. True
  35. a cooler box
  36. 300
  37. Yes
  38. a running cost
  39. a one-time cost
  40. seeds and soil

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