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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 543 · 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.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) a folding table (d) card paper
  2. 2.Gurpreet has a budget of ₹1000. The stock costs ₹380 and the stall fee is ₹670. Is the budget enough? (a) Yes (b) No
  3. 3.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  4. 4.Arjun plans to make 13 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  5. 5.Aarav’s stall budget is ₹640. A banner cost ₹90, seeds cost ₹300 and lemons cost ₹60. How many rupees of the budget are left?
  6. 6.True or false: “a cloth banner” is a running cost. (a) False (b) True
  7. 7.Which of these is a one-time cost? (a) ice (b) lemons (c) a juicer (d) seeds and soil
  8. 8.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) a price board (d) ice
  9. 9.Lakshmi’s stall budget is ₹700. Pots cost ₹230, lemons cost ₹40 and paper cups cost ₹300. How many rupees of the budget are left?
  10. 10.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  11. 11.Gurpreet plans to make 42 jute bags. Each needs ₹10 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  12. 12.Nisha has ₹260 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Nisha can buy?
  13. 13.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) lemons (d) seeds and soil
  14. 14.🔍 Which is the odd one out? (a) a price board (b) seeds and soil (c) a juicer (d) a folding table
  15. 15.True or false: “sugar” is a one-time cost. (a) True (b) False
  16. 16.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) a cash box (d) card paper
  17. 17.True or false: “a juicer” is a one-time cost. (a) True (b) False
  18. 18.Meera’s stall budget is ₹700. Lemons cost ₹290, seeds cost ₹70 and ribbon cost ₹230. How many rupees of the budget are left?
  19. 19.Which of these is a one-time cost? (a) ice (b) a cloth banner (c) card paper (d) sugar
  20. 20.Dev has a budget of ₹800. The stock costs ₹220 and the stall fee is ₹540. Is the budget enough? (a) No (b) Yes
  21. 21.Saanvi has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹140. Is the budget enough? (a) Yes (b) No
  22. 22.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  23. 23.Which of these is a running cost? (a) a folding table (b) a cash box (c) card paper (d) a cloth banner
  24. 24.Joseph’s stall budget is ₹550. Lemons cost ₹150, napkins cost ₹20 and seeds cost ₹160. How many rupees of the budget are left?
  25. 25.Meera plans to make 17 fruit cups. Each needs ₹7 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  26. 26.Diya’s stall budget is ₹490. A price board cost ₹90, a banner cost ₹90 and napkins cost ₹270. How many rupees of the budget are left?
  27. 27.Riya plans to make 35 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  28. 28.Arjun has a budget of ₹800. The stock costs ₹310 and the stall fee is ₹530. Is the budget enough? (a) No (b) Yes
  29. 29.Which of these is a one-time cost? (a) ice (b) seeds and soil (c) paper cups (d) a folding table
  30. 30.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) paper cups (d) a cash box
  31. 31.Ishaan plans to make 43 potted plants. Each needs ₹8 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  32. 32.Nisha has ₹270 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Nisha can buy?
  33. 33.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) a cash box (d) a juicer
  34. 34.Tara has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  35. 35.Kavya plans to make 22 cupcakes. Each needs ₹6 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  36. 36.True or false: “a price board” is a running cost. (a) True (b) False
  37. 37.Zoya has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  38. 38.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  39. 39.Aarav has ₹370 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Aarav can buy?
  40. 40.Aarav’s stall budget is ₹790. A price board cost ₹210, ribbon cost ₹110 and napkins cost ₹210. How many rupees of the budget are left?

Answer key

  1. card paper
  2. No
  3. a one-time cost
  4. 229
  5. 190
  6. False
  7. a juicer
  8. a price board
  9. 130
  10. a one-time cost
  11. 640
  12. 17
  13. a cooler box
  14. seeds and soil
  15. False
  16. a cash box
  17. True
  18. 110
  19. a cloth banner
  20. Yes
  21. Yes
  22. a running cost
  23. card paper
  24. 220
  25. 259
  26. 40
  27. 455
  28. No
  29. a folding table
  30. paper cups
  31. 634
  32. 54
  33. paper cups
  34. Yes
  35. 252
  36. False
  37. No
  38. a one-time cost
  39. 92
  40. 260

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