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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 667 · 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’s stall budget is ₹420. Seeds cost ₹50, napkins cost ₹40 and a banner cost ₹120. How many rupees of the budget are left?
  2. 2.Which of these is a running cost? (a) seeds and soil (b) a folding table (c) a cash box (d) a juicer
  3. 3.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  4. 4.Which of these is a running cost? (a) a cooler box (b) a price board (c) lemons (d) a cloth banner
  5. 5.Farhan plans to make 50 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  6. 6.True or false: “paper cups” is a running cost. (a) False (b) True
  7. 7.Zoya has a budget of ₹1000. The stock costs ₹500 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  8. 8.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  9. 9.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) seeds and soil (d) a cloth banner
  10. 10.Ishaan has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹350. Is the budget enough? (a) No (b) Yes
  11. 11.Diya has a budget of ₹500. The stock costs ₹140 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  12. 12.Which of these is a one-time cost? (a) sugar (b) a cash box (c) ice (d) seeds and soil
  13. 13.Which of these is a running cost? (a) a price board (b) card paper (c) a cloth banner (d) a juicer
  14. 14.Lakshmi has ₹120 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Lakshmi can buy?
  15. 15.True or false: “a price board” is a running cost. (a) True (b) False
  16. 16.🔍 Which is the odd one out? (a) a cash box (b) card paper (c) lemons (d) paper cups
  17. 17.Which of these is a one-time cost? (a) paper cups (b) sugar (c) seeds and soil (d) a price board
  18. 18.Kavya plans to make 30 fruit cups. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  19. 19.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  20. 20.Ananya’s stall budget is ₹600. Card paper cost ₹240, napkins cost ₹100 and paper cups cost ₹230. How many rupees of the budget are left?
  21. 21.Arjun has ₹370 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Arjun can buy?
  22. 22.Riya has ₹430 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Riya can buy?
  23. 23.True or false: “seeds and soil” is a running cost. (a) False (b) True
  24. 24.Kabir plans to make 50 friendship bands. Each needs ₹8 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  25. 25.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  26. 26.Nisha’s stall budget is ₹570. A price board cost ₹300, pots cost ₹40 and sugar cost ₹130. How many rupees of the budget are left?
  27. 27.🔍 Which is the odd one out? (a) card paper (b) tea leaves and milk (c) paper cups (d) a folding table
  28. 28.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  29. 29.Kabir plans to make 27 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  30. 30.True or false: “sugar” is a running cost. (a) False (b) True
  31. 31.True or false: “a cloth banner” is a running cost. (a) True (b) False
  32. 32.Lakshmi has ₹140 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Lakshmi can buy?
  33. 33.True or false: “a folding table” is a running cost. (a) False (b) True
  34. 34.🔍 Which is the odd one out? (a) a folding table (b) tea leaves and milk (c) a cooler box (d) a cash box
  35. 35.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  36. 36.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) a cloth banner (d) card paper
  37. 37.Gurpreet’s stall budget is ₹210. A banner cost ₹140, napkins cost ₹40 and a price board cost ₹20. How many rupees of the budget are left?
  38. 38.Tara’s stall budget is ₹620. Ribbon cost ₹270, card paper cost ₹90 and a price board cost ₹240. How many rupees of the budget are left?
  39. 39.Dev’s stall budget is ₹740. A banner cost ₹170, card paper cost ₹220 and sugar cost ₹220. How many rupees of the budget are left?
  40. 40.Kavya’s stall budget is ₹470. Paper cups cost ₹70, napkins cost ₹210 and ribbon cost ₹30. How many rupees of the budget are left?

Answer key

  1. 210
  2. seeds and soil
  3. a one-time cost
  4. lemons
  5. 530
  6. True
  7. Yes
  8. a one-time cost
  9. a cloth banner
  10. No
  11. Yes
  12. a cash box
  13. card paper
  14. 24
  15. False
  16. a cash box
  17. a price board
  18. 230
  19. a one-time cost
  20. 30
  21. 46
  22. 28
  23. True
  24. 500
  25. a running cost
  26. 100
  27. a folding table
  28. a running cost
  29. 396
  30. True
  31. False
  32. 23
  33. False
  34. tea leaves and milk
  35. a running cost
  36. card paper
  37. 10
  38. 20
  39. 130
  40. 160

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