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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 632 · 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.Kabir plans to make 12 friendship bands. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  2. 2.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) card paper (d) a cloth banner
  3. 3.Riya’s stall budget is ₹670. Lemons cost ₹140, ribbon cost ₹250 and a banner cost ₹160. How many rupees of the budget are left?
  4. 4.Lakshmi plans to make 31 handmade cards. Each needs ₹4 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  5. 5.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) a cooler box (d) seeds and soil
  6. 6.Lakshmi plans to make 13 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  7. 7.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  8. 8.Arjun’s stall budget is ₹390. A banner cost ₹260, seeds cost ₹20 and napkins cost ₹50. How many rupees of the budget are left?
  9. 9.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  10. 10.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) tea leaves and milk (d) a price board
  11. 11.Ishaan has ₹100 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Ishaan can buy?
  12. 12.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  13. 13.Dev plans to make 16 fruit cups. Each needs ₹7 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  14. 14.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) a price board (d) lemons
  15. 15.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  16. 16.True or false: “paper cups” is a one-time cost. (a) True (b) False
  17. 17.Gurpreet has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹360. Is the budget enough? (a) Yes (b) No
  18. 18.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a price board (d) seeds and soil
  19. 19.🔍 Which is the odd one out? (a) a juicer (b) lemons (c) sugar (d) ice
  20. 20.Farhan has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  21. 21.Meera has a budget of ₹900. The stock costs ₹430 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
  22. 22.Which of these is a one-time cost? (a) lemons (b) a folding table (c) paper cups (d) tea leaves and milk
  23. 23.True or false: “a cooler box” is a running cost. (a) False (b) True
  24. 24.Zoya has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  25. 25.Which of these is a running cost? (a) a price board (b) a cash box (c) a cooler box (d) lemons
  26. 26.Tara has a budget of ₹1000. The stock costs ₹340 and the stall fee is ₹620. Is the budget enough? (a) Yes (b) No
  27. 27.Diya plans to make 50 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  28. 28.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  29. 29.Which of these is a one-time cost? (a) card paper (b) paper cups (c) lemons (d) a price board
  30. 30.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  31. 31.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  32. 32.Ishaan plans to make 46 handmade cards. Each needs ₹8 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  33. 33.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) card paper (d) a cash box
  34. 34.Ishaan plans to make 48 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  35. 35.Kavya’s stall budget is ₹800. Card paper cost ₹100, paper cups cost ₹170 and pots cost ₹300. How many rupees of the budget are left?
  36. 36.Tara has a budget of ₹600. The stock costs ₹220 and the stall fee is ₹350. Is the budget enough? (a) No (b) Yes
  37. 37.Riya plans to make 43 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  38. 38.Arjun has ₹220 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Arjun can buy?
  39. 39.Lakshmi plans to make 16 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  40. 40.Meera’s stall budget is ₹670. Lemons cost ₹30, ribbon cost ₹250 and sugar cost ₹110. How many rupees of the budget are left?

Answer key

  1. 234
  2. card paper
  3. 120
  4. 404
  5. a cooler box
  6. 350
  7. True
  8. 60
  9. a running cost
  10. tea leaves and milk
  11. 5
  12. True
  13. 242
  14. a price board
  15. a one-time cost
  16. False
  17. No
  18. seeds and soil
  19. a juicer
  20. Yes
  21. Yes
  22. a folding table
  23. False
  24. No
  25. lemons
  26. Yes
  27. 360
  28. a one-time cost
  29. a price board
  30. a running cost
  31. a one-time cost
  32. 588
  33. a cash box
  34. 236
  35. 230
  36. Yes
  37. 600
  38. 36
  39. 318
  40. 280

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