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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 677 · 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.Meera has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹150. Is the budget enough? (a) No (b) Yes
  2. 2.Farhan plans to make 11 handmade cards. Each needs ₹8 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  3. 3.Gurpreet has a budget of ₹500. The stock costs ₹170 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  4. 4.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  5. 5.Which of these is a one-time cost? (a) paper cups (b) a cash box (c) sugar (d) lemons
  6. 6.Riya has ₹350 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Riya can buy?
  7. 7.Meera plans to make 44 friendship bands. Each needs ₹6 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  8. 8.Lakshmi has a budget of ₹800. The stock costs ₹390 and the stall fee is ₹440. Is the budget enough? (a) Yes (b) No
  9. 9.Which of these is a running cost? (a) a juicer (b) a cooler box (c) a price board (d) card paper
  10. 10.Aarav plans to make 33 jute bags. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  11. 11.True or false: “card paper” is a running cost. (a) True (b) False
  12. 12.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) card paper (d) a cloth banner
  13. 13.Nisha has ₹310 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Nisha can buy?
  14. 14.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  15. 15.Arjun has a budget of ₹800. The stock costs ₹350 and the stall fee is ₹490. Is the budget enough? (a) No (b) Yes
  16. 16.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) lemons (d) a price board
  17. 17.Vihaan has a budget of ₹900. The stock costs ₹50 and the stall fee is ₹850. Is the budget enough? (a) Yes (b) No
  18. 18.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  19. 19.Farhan has a budget of ₹600. The stock costs ₹160 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
  20. 20.Lakshmi’s stall budget is ₹830. Pots cost ₹150, a banner cost ₹270 and ribbon cost ₹300. How many rupees of the budget are left?
  21. 21.Zoya’s stall budget is ₹320. Sugar cost ₹40, a banner cost ₹100 and pots cost ₹60. How many rupees of the budget are left?
  22. 22.True or false: “a juicer” is a running cost. (a) False (b) True
  23. 23.Which of these is a one-time cost? (a) a folding table (b) sugar (c) paper cups (d) tea leaves and milk
  24. 24.Which of these is a running cost? (a) seeds and soil (b) a folding table (c) a juicer (d) a cash box
  25. 25.Arjun plans to make 35 handmade cards. Each needs ₹3 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  26. 26.Kabir plans to make 16 potted plants. Each needs ₹9 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  27. 27.Kabir has ₹120 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Kabir can buy?
  28. 28.Diya plans to make 28 potted plants. Each needs ₹5 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  29. 29.Diya’s stall budget is ₹570. Seeds cost ₹200, lemons cost ₹230 and a price board cost ₹90. How many rupees of the budget are left?
  30. 30.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  31. 31.Kavya has ₹480 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Kavya can buy?
  32. 32.Farhan has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹330. Is the budget enough? (a) Yes (b) No
  33. 33.Joseph has ₹360 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Joseph can buy?
  34. 34.True or false: “a juicer” is a one-time cost. (a) True (b) False
  35. 35.Kavya plans to make 21 handmade cards. Each needs ₹6 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  36. 36.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  37. 37.True or false: “a folding table” is a one-time cost. (a) True (b) False
  38. 38.Meera’s stall budget is ₹870. A price board cost ₹300, ribbon cost ₹200 and pots cost ₹180. How many rupees of the budget are left?
  39. 39.Kavya’s stall budget is ₹520. Lemons cost ₹140, card paper cost ₹150 and pots cost ₹40. How many rupees of the budget are left?
  40. 40.Joseph has a budget of ₹500. The stock costs ₹250 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes

Answer key

  1. Yes
  2. 228
  3. No
  4. a running cost
  5. a cash box
  6. 43
  7. 564
  8. No
  9. card paper
  10. 381
  11. True
  12. a cloth banner
  13. 62
  14. a one-time cost
  15. No
  16. a price board
  17. Yes
  18. a one-time cost
  19. Yes
  20. 110
  21. 120
  22. False
  23. a folding table
  24. seeds and soil
  25. 325
  26. 274
  27. 30
  28. 290
  29. 50
  30. False
  31. 80
  32. Yes
  33. 72
  34. True
  35. 286
  36. a running cost
  37. True
  38. 190
  39. 190
  40. Yes

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