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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 565 · 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.Dev has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  2. 2.Dev’s stall budget is ₹580. Seeds cost ₹190, pots cost ₹80 and sugar cost ₹70. How many rupees of the budget are left?
  3. 3.Arjun has a budget of ₹900. The stock costs ₹180 and the stall fee is ₹690. Is the budget enough? (a) Yes (b) No
  4. 4.Tara’s stall budget is ₹380. A price board cost ₹30, napkins cost ₹110 and ribbon cost ₹60. How many rupees of the budget are left?
  5. 5.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  6. 6.Kabir’s stall budget is ₹710. Seeds cost ₹170, lemons cost ₹280 and napkins cost ₹100. How many rupees of the budget are left?
  7. 7.Zoya plans to make 18 clay diyas. Each needs ₹10 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  8. 8.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  9. 9.Lakshmi plans to make 12 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  10. 10.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  11. 11.Saanvi has ₹120 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Saanvi can buy?
  12. 12.Which of these is a one-time cost? (a) a cloth banner (b) card paper (c) seeds and soil (d) sugar
  13. 13.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) lemons (d) a price board
  14. 14.True or false: “paper cups” is a running cost. (a) True (b) False
  15. 15.Rohan plans to make 26 potted plants. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  16. 16.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  17. 17.True or false: “seeds and soil” is a running cost. (a) True (b) False
  18. 18.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) a folding table (d) seeds and soil
  19. 19.Arjun plans to make 14 fruit cups. Each needs ₹4 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  20. 20.Saanvi has ₹190 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Saanvi can buy?
  21. 21.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) tea leaves and milk (d) a price board
  22. 22.Which of these is a running cost? (a) a cooler box (b) sugar (c) a price board (d) a cloth banner
  23. 23.Ananya has ₹500 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Ananya can buy?
  24. 24.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  25. 25.🔍 Which is the odd one out? (a) tea leaves and milk (b) a price board (c) ice (d) lemons
  26. 26.🔍 Which is the odd one out? (a) a cash box (b) ice (c) a cooler box (d) a price board
  27. 27.Ananya plans to make 41 handmade cards. Each needs ₹7 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  28. 28.Riya has a budget of ₹600. The stock costs ₹200 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  29. 29.True or false: “sugar” is a one-time cost. (a) False (b) True
  30. 30.True or false: “a folding table” is a running cost. (a) False (b) True
  31. 31.Riya plans to make 12 handmade cards. Each needs ₹8 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  32. 32.Which of these is a one-time cost? (a) ice (b) a folding table (c) lemons (d) tea leaves and milk
  33. 33.Which of these is a running cost? (a) a price board (b) a juicer (c) card paper (d) a cooler box
  34. 34.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) seeds and soil (d) a cloth banner
  35. 35.Rohan’s stall budget is ₹450. Pots cost ₹70, paper cups cost ₹60 and a price board cost ₹250. How many rupees of the budget are left?
  36. 36.Which of these is a one-time cost? (a) ice (b) lemons (c) seeds and soil (d) a cash box
  37. 37.Ananya has ₹440 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Ananya can buy?
  38. 38.Joseph plans to make 43 fruit cups. Each needs ₹8 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  39. 39.True or false: “card paper” is a running cost. (a) False (b) True
  40. 40.True or false: “lemons” is a running cost. (a) True (b) False

Answer key

  1. No
  2. 240
  3. Yes
  4. 180
  5. a one-time cost
  6. 160
  7. 270
  8. a running cost
  9. 384
  10. a one-time cost
  11. 15
  12. a cloth banner
  13. a price board
  14. True
  15. 218
  16. a running cost
  17. True
  18. seeds and soil
  19. 346
  20. 9
  21. tea leaves and milk
  22. sugar
  23. 83
  24. a one-time cost
  25. a price board
  26. ice
  27. 407
  28. No
  29. False
  30. False
  31. 206
  32. a folding table
  33. card paper
  34. a cloth banner
  35. 70
  36. a cash box
  37. 110
  38. 434
  39. True
  40. True

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