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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 624 · 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.Rohan has a budget of ₹700. The stock costs ₹340 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  2. 2.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a price board (d) tea leaves and milk
  3. 3.Kabir’s stall budget is ₹880. Card paper cost ₹240, lemons cost ₹220 and a price board cost ₹150. How many rupees of the budget are left?
  4. 4.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  5. 5.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  6. 6.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) lemons (d) a price board
  7. 7.Aarav plans to make 35 clay diyas. Each needs ₹6 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  8. 8.Riya has ₹240 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Riya can buy?
  9. 9.Ishaan’s stall budget is ₹580. Ribbon cost ₹100, seeds cost ₹170 and paper cups cost ₹230. How many rupees of the budget are left?
  10. 10.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) a price board (d) lemons
  11. 11.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  12. 12.True or false: “a price board” is a one-time cost. (a) True (b) False
  13. 13.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) a cooler box (d) sugar
  14. 14.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) a price board (d) a juicer
  15. 15.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  16. 16.🔍 Which is the odd one out? (a) paper cups (b) ice (c) a juicer (d) sugar
  17. 17.Aarav’s stall budget is ₹890. Ribbon cost ₹270, a banner cost ₹170 and paper cups cost ₹250. How many rupees of the budget are left?
  18. 18.Diya’s stall budget is ₹780. A banner cost ₹160, sugar cost ₹290 and ribbon cost ₹40. How many rupees of the budget are left?
  19. 19.True or false: “a folding table” is a one-time cost. (a) True (b) False
  20. 20.Tara’s stall budget is ₹740. Napkins cost ₹110, paper cups cost ₹110 and a price board cost ₹260. How many rupees of the budget are left?
  21. 21.True or false: “ice” is a running cost. (a) True (b) False
  22. 22.Riya’s stall budget is ₹400. Paper cups cost ₹60, napkins cost ₹80 and a price board cost ₹60. How many rupees of the budget are left?
  23. 23.Which of these is a running cost? (a) a cooler box (b) card paper (c) a juicer (d) a cash box
  24. 24.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  25. 25.Riya has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  26. 26.🔍 Which is the odd one out? (a) sugar (b) a folding table (c) a juicer (d) a cooler box
  27. 27.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) lemons (d) a cash box
  28. 28.True or false: “a cooler box” is a running cost. (a) True (b) False
  29. 29.Kavya has ₹80 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Kavya can buy?
  30. 30.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  31. 31.Which of these is a running cost? (a) a price board (b) a folding table (c) a juicer (d) sugar
  32. 32.Ananya has ₹330 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Ananya can buy?
  33. 33.Diya’s stall budget is ₹660. Card paper cost ₹170, sugar cost ₹220 and napkins cost ₹20. How many rupees of the budget are left?
  34. 34.Kabir plans to make 26 jute bags. Each needs ₹3 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  35. 35.Ananya’s stall budget is ₹510. Napkins cost ₹60, card paper cost ₹270 and a banner cost ₹100. How many rupees of the budget are left?
  36. 36.Farhan has ₹220 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Farhan can buy?
  37. 37.Farhan has ₹170 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Farhan can buy?
  38. 38.Rohan has ₹460 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Rohan can buy?
  39. 39.Ishaan plans to make 38 painted pebbles. Each needs ₹9 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  40. 40.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) tea leaves and milk (d) a folding table

Answer key

  1. Yes
  2. tea leaves and milk
  3. 270
  4. a one-time cost
  5. a one-time cost
  6. lemons
  7. 380
  8. 48
  9. 80
  10. a price board
  11. a running cost
  12. True
  13. a cooler box
  14. paper cups
  15. a one-time cost
  16. a juicer
  17. 200
  18. 290
  19. True
  20. 260
  21. True
  22. 200
  23. card paper
  24. False
  25. No
  26. sugar
  27. a cash box
  28. False
  29. 4
  30. a running cost
  31. sugar
  32. 22
  33. 250
  34. 318
  35. 80
  36. 44
  37. 28
  38. 115
  39. 572
  40. tea leaves and milk

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