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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 511 · 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’s stall budget is ₹660. Card paper cost ₹70, sugar cost ₹140 and lemons cost ₹180. How many rupees of the budget are left?
  2. 2.Vihaan has ₹260 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Vihaan can buy?
  3. 3.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a cooler box (d) tea leaves and milk
  4. 4.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) lemons (d) a cooler box
  5. 5.True or false: “a cooler box” is a running cost. (a) False (b) True
  6. 6.True or false: “lemons” is a running cost. (a) False (b) True
  7. 7.Arjun has a budget of ₹900. The stock costs ₹320 and the stall fee is ₹630. Is the budget enough? (a) No (b) Yes
  8. 8.Kabir’s stall budget is ₹320. Sugar cost ₹50, paper cups cost ₹20 and a banner cost ₹190. How many rupees of the budget are left?
  9. 9.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  10. 10.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  11. 11.Which of these is a one-time cost? (a) ice (b) card paper (c) seeds and soil (d) a juicer
  12. 12.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  13. 13.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) a juicer (d) paper cups
  14. 14.Kavya’s stall budget is ₹680. Lemons cost ₹210, a price board cost ₹170 and ribbon cost ₹90. How many rupees of the budget are left?
  15. 15.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) a folding table (d) paper cups
  16. 16.Farhan has ₹310 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Farhan can buy?
  17. 17.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  18. 18.True or false: “ice” is a one-time cost. (a) False (b) True
  19. 19.Meera has a budget of ₹700. The stock costs ₹340 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  20. 20.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  21. 21.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  22. 22.Which of these is a one-time cost? (a) seeds and soil (b) a cash box (c) lemons (d) ice
  23. 23.Tara’s stall budget is ₹220. A price board cost ₹20, seeds cost ₹40 and a banner cost ₹50. How many rupees of the budget are left?
  24. 24.Rohan plans to make 40 clay diyas. Each needs ₹2 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  25. 25.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  26. 26.🔍 Which is the odd one out? (a) seeds and soil (b) a folding table (c) a price board (d) a cooler box
  27. 27.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  28. 28.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a price board (d) lemons
  29. 29.Gurpreet has ₹380 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Gurpreet can buy?
  30. 30.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  31. 31.True or false: “a price board” is a running cost. (a) True (b) False
  32. 32.Farhan’s stall budget is ₹450. A price board cost ₹60, lemons cost ₹230 and sugar cost ₹150. How many rupees of the budget are left?
  33. 33.🔍 Which is the odd one out? (a) card paper (b) a folding table (c) a cash box (d) a juicer
  34. 34.Saanvi has ₹110 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Saanvi can buy?
  35. 35.Rohan has ₹180 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Rohan can buy?
  36. 36.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  37. 37.Meera’s stall budget is ₹590. Napkins cost ₹50, sugar cost ₹250 and pots cost ₹30. How many rupees of the budget are left?
  38. 38.Lakshmi’s stall budget is ₹480. Sugar cost ₹210, lemons cost ₹40 and paper cups cost ₹60. How many rupees of the budget are left?
  39. 39.Diya plans to make 13 cupcakes. Each needs ₹7 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  40. 40.True or false: “a folding table” is a running cost. (a) False (b) True

Answer key

  1. 270
  2. 13
  3. tea leaves and milk
  4. a cooler box
  5. False
  6. True
  7. No
  8. 60
  9. a one-time cost
  10. a one-time cost
  11. a juicer
  12. a one-time cost
  13. a juicer
  14. 210
  15. a folding table
  16. 31
  17. a running cost
  18. False
  19. No
  20. True
  21. True
  22. a cash box
  23. 110
  24. 220
  25. a running cost
  26. seeds and soil
  27. False
  28. lemons
  29. 95
  30. a running cost
  31. False
  32. 10
  33. card paper
  34. 11
  35. 15
  36. a one-time cost
  37. 260
  38. 170
  39. 291
  40. False

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