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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 517 · 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 ₹380 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Lakshmi can buy?
  2. 2.Arjun plans to make 21 potted plants. Each needs ₹6 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  3. 3.Joseph’s stall budget is ₹550. Napkins cost ₹130, pots cost ₹220 and sugar cost ₹150. How many rupees of the budget are left?
  4. 4.Lakshmi’s stall budget is ₹660. A banner cost ₹210, card paper cost ₹210 and lemons cost ₹20. How many rupees of the budget are left?
  5. 5.🔍 Which is the odd one out? (a) card paper (b) a folding table (c) a cooler box (d) a juicer
  6. 6.True or false: “seeds and soil” is a running cost. (a) False (b) True
  7. 7.Which of these is a running cost? (a) a juicer (b) a price board (c) a cash box (d) paper cups
  8. 8.🔍 Which is the odd one out? (a) card paper (b) a juicer (c) ice (d) paper cups
  9. 9.Riya has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No
  10. 10.Arjun has ₹180 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Arjun can buy?
  11. 11.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  12. 12.🔍 Which is the odd one out? (a) a folding table (b) sugar (c) a price board (d) a cloth banner
  13. 13.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) ice (d) paper cups
  14. 14.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  15. 15.Saanvi has a budget of ₹800. The stock costs ₹240 and the stall fee is ₹600. Is the budget enough? (a) No (b) Yes
  16. 16.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) a cooler box (d) a juicer
  17. 17.Which of these is a one-time cost? (a) ice (b) lemons (c) paper cups (d) a folding table
  18. 18.Tara plans to make 31 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  19. 19.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) sugar (d) card paper
  20. 20.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a cooler box (d) tea leaves and milk
  21. 21.Saanvi has ₹400 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Saanvi can buy?
  22. 22.True or false: “sugar” is a running cost. (a) True (b) False
  23. 23.True or false: “a folding table” 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.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  26. 26.Farhan plans to make 42 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  27. 27.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a folding table (d) tea leaves and milk
  28. 28.Which of these is a running cost? (a) a folding table (b) card paper (c) a price board (d) a juicer
  29. 29.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  30. 30.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  31. 31.Saanvi has a budget of ₹900. The stock costs ₹300 and the stall fee is ₹580. Is the budget enough? (a) No (b) Yes
  32. 32.Which of these is a running cost? (a) a cooler box (b) a price board (c) a cash box (d) ice
  33. 33.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  34. 34.True or false: “paper cups” is a running cost. (a) True (b) False
  35. 35.Nisha’s stall budget is ₹790. Paper cups cost ₹160, card paper cost ₹260 and a banner cost ₹80. How many rupees of the budget are left?
  36. 36.Lakshmi has ₹340 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Lakshmi can buy?
  37. 37.Meera has ₹80 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Meera can buy?
  38. 38.Zoya has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹490. Is the budget enough? (a) No (b) Yes
  39. 39.Tara has ₹430 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Tara can buy?
  40. 40.Tara’s stall budget is ₹410. Sugar cost ₹50, paper cups cost ₹50 and a price board cost ₹230. How many rupees of the budget are left?

Answer key

  1. 76
  2. 396
  3. 50
  4. 220
  5. card paper
  6. True
  7. paper cups
  8. a juicer
  9. No
  10. 18
  11. a one-time cost
  12. sugar
  13. a cooler box
  14. a one-time cost
  15. No
  16. lemons
  17. a folding table
  18. 497
  19. a cash box
  20. a cooler box
  21. 26
  22. True
  23. True
  24. False
  25. a one-time cost
  26. 344
  27. tea leaves and milk
  28. card paper
  29. a running cost
  30. a running cost
  31. Yes
  32. ice
  33. a one-time cost
  34. True
  35. 290
  36. 22
  37. 16
  38. No
  39. 107
  40. 80

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