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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 509 · 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.Riya plans to make 16 fruit cups. Each needs ₹4 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  2. 2.Gurpreet’s stall budget is ₹580. Paper cups cost ₹200, ribbon cost ₹280 and napkins cost ₹50. How many rupees of the budget are left?
  3. 3.Farhan has ₹250 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Farhan can buy?
  4. 4.Lakshmi has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  5. 5.Ishaan has a budget of ₹500. The stock costs ₹180 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  6. 6.Which of these is a one-time cost? (a) a cash box (b) lemons (c) paper cups (d) sugar
  7. 7.Nisha’s stall budget is ₹440. Sugar cost ₹80, lemons cost ₹190 and seeds cost ₹70. How many rupees of the budget are left?
  8. 8.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  9. 9.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  10. 10.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) tea leaves and milk (d) a cloth banner
  11. 11.🔍 Which is the odd one out? (a) a cash box (b) paper cups (c) a price board (d) a folding table
  12. 12.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  13. 13.True or false: “lemons” is a running cost. (a) True (b) False
  14. 14.True or false: “sugar” is a running cost. (a) False (b) True
  15. 15.Zoya has a budget of ₹700. The stock costs ₹290 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
  16. 16.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) lemons (d) a cloth banner
  17. 17.Vihaan has ₹210 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Vihaan can buy?
  18. 18.Diya has a budget of ₹500. The stock costs ₹250 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  19. 19.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  20. 20.Zoya has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹170. Is the budget enough? (a) No (b) Yes
  21. 21.Lakshmi plans to make 24 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  22. 22.Gurpreet plans to make 28 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  23. 23.Tara’s stall budget is ₹700. Pots cost ₹170, napkins cost ₹150 and lemons cost ₹100. How many rupees of the budget are left?
  24. 24.True or false: “a folding table” is a running cost. (a) True (b) False
  25. 25.🔍 Which is the odd one out? (a) a price board (b) seeds and soil (c) sugar (d) card paper
  26. 26.True or false: “ice” is a one-time cost. (a) False (b) True
  27. 27.Arjun’s stall budget is ₹390. A price board cost ₹150, card paper cost ₹50 and ribbon cost ₹90. How many rupees of the budget are left?
  28. 28.Rohan’s stall budget is ₹440. Sugar cost ₹210, pots cost ₹60 and card paper cost ₹30. How many rupees of the budget are left?
  29. 29.Diya’s stall budget is ₹790. Pots cost ₹230, paper cups cost ₹70 and card paper cost ₹240. How many rupees of the budget are left?
  30. 30.Saanvi plans to make 17 cupcakes. Each needs ₹8 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  31. 31.Ishaan plans to make 12 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  32. 32.🔍 Which is the odd one out? (a) a folding table (b) seeds and soil (c) a price board (d) a cloth banner
  33. 33.Farhan has a budget of ₹900. The stock costs ₹430 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  34. 34.Ishaan’s stall budget is ₹440. Ribbon cost ₹170, seeds cost ₹30 and a banner cost ₹80. How many rupees of the budget are left?
  35. 35.True or false: “paper cups” is a one-time cost. (a) False (b) True
  36. 36.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  37. 37.Aarav has ₹60 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Aarav can buy?
  38. 38.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  39. 39.Which of these is a one-time cost? (a) paper cups (b) sugar (c) a folding table (d) tea leaves and milk
  40. 40.True or false: “a cash box” is a one-time cost. (a) False (b) True

Answer key

  1. 284
  2. 50
  3. 31
  4. No
  5. Yes
  6. a cash box
  7. 100
  8. a one-time cost
  9. a one-time cost
  10. a cloth banner
  11. paper cups
  12. a running cost
  13. True
  14. True
  15. Yes
  16. lemons
  17. 17
  18. Yes
  19. a one-time cost
  20. No
  21. 298
  22. 342
  23. 280
  24. False
  25. a price board
  26. False
  27. 100
  28. 140
  29. 250
  30. 326
  31. 248
  32. seeds and soil
  33. Yes
  34. 160
  35. False
  36. a running cost
  37. 6
  38. a one-time cost
  39. a folding table
  40. True

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