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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 513 · 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.Lakshmi has ₹60 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Lakshmi can buy?
  2. 2.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  3. 3.Kabir has a budget of ₹900. The stock costs ₹140 and the stall fee is ₹790. Is the budget enough? (a) No (b) Yes
  4. 4.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  5. 5.Which of these is a running cost? (a) a price board (b) a folding table (c) paper cups (d) a cash box
  6. 6.Which of these is a one-time cost? (a) tea leaves and milk (b) paper cups (c) lemons (d) a cooler box
  7. 7.True or false: “card paper” is a one-time cost. (a) True (b) False
  8. 8.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  9. 9.True or false: “ice” is a one-time cost. (a) False (b) True
  10. 10.Kabir has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  11. 11.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  12. 12.Ananya’s stall budget is ₹520. Napkins cost ₹270, sugar cost ₹30 and a price board cost ₹170. How many rupees of the budget are left?
  13. 13.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) seeds and soil (d) a juicer
  14. 14.Dev has a budget of ₹800. The stock costs ₹90 and the stall fee is ₹720. Is the budget enough? (a) No (b) Yes
  15. 15.Arjun’s stall budget is ₹730. Napkins cost ₹150, a banner cost ₹90 and paper cups cost ₹230. How many rupees of the budget are left?
  16. 16.Diya has ₹490 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Diya can buy?
  17. 17.True or false: “card paper” is a running cost. (a) False (b) True
  18. 18.Kabir has a budget of ₹700. The stock costs ₹220 and the stall fee is ₹510. Is the budget enough? (a) No (b) Yes
  19. 19.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) seeds and soil (d) a cash box
  20. 20.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) a cloth banner (d) a folding table
  21. 21.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  22. 22.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  23. 23.Gurpreet’s stall budget is ₹350. Ribbon cost ₹90, a banner cost ₹190 and pots cost ₹50. How many rupees of the budget are left?
  24. 24.Which of these is a one-time cost? (a) ice (b) sugar (c) a cloth banner (d) seeds and soil
  25. 25.Vihaan plans to make 48 potted plants. Each needs ₹10 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  26. 26.Ishaan’s stall budget is ₹710. Seeds cost ₹280, napkins cost ₹140 and pots cost ₹170. How many rupees of the budget are left?
  27. 27.Vihaan has a budget of ₹1000. The stock costs ₹320 and the stall fee is ₹680. Is the budget enough? (a) No (b) Yes
  28. 28.True or false: “ice” is a running cost. (a) True (b) False
  29. 29.Which of these is a one-time cost? (a) paper cups (b) sugar (c) seeds and soil (d) a folding table
  30. 30.Which of these is a running cost? (a) lemons (b) a cash box (c) a cloth banner (d) a cooler box
  31. 31.Arjun plans to make 39 friendship bands. Each needs ₹5 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  32. 32.Saanvi plans to make 12 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  33. 33.True or false: “a cash box” is a one-time cost. (a) True (b) False
  34. 34.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a juicer (d) card paper
  35. 35.Diya has ₹470 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Diya can buy?
  36. 36.Kabir plans to make 13 friendship bands. Each needs ₹7 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  37. 37.Kabir has ₹120 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Kabir can buy?
  38. 38.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  39. 39.Gurpreet has a budget of ₹900. The stock costs ₹140 and the stall fee is ₹750. Is the budget enough? (a) No (b) Yes
  40. 40.Farhan plans to make 30 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?

Answer key

  1. 4
  2. True
  3. No
  4. a running cost
  5. paper cups
  6. a cooler box
  7. False
  8. a one-time cost
  9. False
  10. Yes
  11. a running cost
  12. 50
  13. a juicer
  14. No
  15. 260
  16. 81
  17. True
  18. No
  19. seeds and soil
  20. paper cups
  21. a one-time cost
  22. False
  23. 20
  24. a cloth banner
  25. 530
  26. 120
  27. Yes
  28. True
  29. a folding table
  30. lemons
  31. 245
  32. 310
  33. True
  34. card paper
  35. 23
  36. 221
  37. 15
  38. a one-time cost
  39. Yes
  40. 500

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