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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 639 · 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.Tara has a budget of ₹1000. The stock costs ₹200 and the stall fee is ₹790. Is the budget enough? (a) Yes (b) No
  2. 2.Which of these is a running cost? (a) tea leaves and milk (b) a cash box (c) a price board (d) a juicer
  3. 3.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) card paper (d) a price board
  4. 4.Tara’s stall budget is ₹680. Paper cups cost ₹140, card paper cost ₹110 and a banner cost ₹300. How many rupees of the budget are left?
  5. 5.Meera has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  6. 6.Rohan has a budget of ₹600. The stock costs ₹220 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  7. 7.Zoya has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  8. 8.Saanvi plans to make 31 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  9. 9.Ishaan has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  10. 10.Diya plans to make 41 bags of popcorn. Each needs ₹2 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  11. 11.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  12. 12.True or false: “a cash box” is a one-time cost. (a) False (b) True
  13. 13.Which of these is a running cost? (a) a juicer (b) a cooler box (c) a cloth banner (d) card paper
  14. 14.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a juicer (d) seeds and soil
  15. 15.Saanvi’s stall budget is ₹420. Sugar cost ₹150, a price board cost ₹160 and paper cups cost ₹70. How many rupees of the budget are left?
  16. 16.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  17. 17.Vihaan plans to make 14 friendship bands. Each needs ₹10 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  18. 18.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  19. 19.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  20. 20.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a folding table (d) tea leaves and milk
  21. 21.True or false: “a cooler box” is a running cost. (a) True (b) False
  22. 22.Kabir’s stall budget is ₹610. Seeds cost ₹260, a banner cost ₹80 and napkins cost ₹160. How many rupees of the budget are left?
  23. 23.Kabir has ₹100 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Kabir can buy?
  24. 24.Ishaan has a budget of ₹900. The stock costs ₹370 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  25. 25.Which of these is a one-time cost? (a) card paper (b) a juicer (c) tea leaves and milk (d) lemons
  26. 26.True or false: “card paper” is a running cost. (a) True (b) False
  27. 27.Ishaan has ₹160 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Ishaan can buy?
  28. 28.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  29. 29.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  30. 30.Nisha has ₹400 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Nisha can buy?
  31. 31.Ananya has a budget of ₹1000. The stock costs ₹340 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  32. 32.True or false: “lemons” is a running cost. (a) True (b) False
  33. 33.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  34. 34.True or false: “lemons” is a one-time cost. (a) False (b) True
  35. 35.Farhan has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  36. 36.Zoya plans to make 46 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  37. 37.Arjun has ₹140 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Arjun can buy?
  38. 38.Which of these is a running cost? (a) a folding table (b) a cash box (c) seeds and soil (d) a price board
  39. 39.Kabir plans to make 21 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  40. 40.Nisha plans to make 21 clay diyas. Each needs ₹10 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?

Answer key

  1. Yes
  2. tea leaves and milk
  3. card paper
  4. 130
  5. No
  6. No
  7. Yes
  8. 386
  9. No
  10. 202
  11. a running cost
  12. True
  13. card paper
  14. seeds and soil
  15. 40
  16. a one-time cost
  17. 360
  18. a one-time cost
  19. a running cost
  20. tea leaves and milk
  21. False
  22. 110
  23. 5
  24. Yes
  25. a juicer
  26. True
  27. 8
  28. a running cost
  29. False
  30. 66
  31. Yes
  32. True
  33. a running cost
  34. False
  35. Yes
  36. 334
  37. 14
  38. seeds and soil
  39. 253
  40. 310

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