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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 685 · 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.Aarav’s stall budget is ₹620. A price board cost ₹240, pots cost ₹100 and napkins cost ₹40. How many rupees of the budget are left?
  2. 2.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) paper cups (d) a price board
  3. 3.Which of these is a running cost? (a) a price board (b) a cash box (c) tea leaves and milk (d) a folding table
  4. 4.Which of these is a one-time cost? (a) seeds and soil (b) a price board (c) lemons (d) paper cups
  5. 5.Which of these is a one-time cost? (a) a juicer (b) paper cups (c) lemons (d) card paper
  6. 6.Which of these is a running cost? (a) a juicer (b) a cash box (c) lemons (d) a cooler box
  7. 7.🔍 Which is the odd one out? (a) a cooler box (b) sugar (c) paper cups (d) card paper
  8. 8.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  9. 9.Which of these is a one-time cost? (a) a cloth banner (b) lemons (c) tea leaves and milk (d) seeds and soil
  10. 10.Meera has ₹380 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Meera can buy?
  11. 11.Gurpreet has ₹80 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Gurpreet can buy?
  12. 12.Kavya plans to make 24 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  13. 13.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  14. 14.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  15. 15.Vihaan has ₹70 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Vihaan can buy?
  16. 16.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  17. 17.Which of these is a running cost? (a) ice (b) a cloth banner (c) a folding table (d) a cash box
  18. 18.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) sugar (d) lemons
  19. 19.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  20. 20.True or false: “a juicer” is a one-time cost. (a) True (b) False
  21. 21.Ishaan has a budget of ₹900. The stock costs ₹240 and the stall fee is ₹700. Is the budget enough? (a) Yes (b) No
  22. 22.True or false: “a price board” is a running cost. (a) False (b) True
  23. 23.Riya plans to make 42 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  24. 24.Arjun plans to make 35 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  25. 25.Farhan plans to make 21 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  26. 26.Nisha plans to make 37 clay diyas. Each needs ₹7 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  27. 27.Saanvi’s stall budget is ₹810. Ribbon cost ₹70, napkins cost ₹280 and paper cups cost ₹200. How many rupees of the budget are left?
  28. 28.Meera’s stall budget is ₹710. Card paper cost ₹270, a banner cost ₹270 and lemons cost ₹130. How many rupees of the budget are left?
  29. 29.🔍 Which is the odd one out? (a) a cash box (b) tea leaves and milk (c) card paper (d) ice
  30. 30.Gurpreet’s stall budget is ₹620. Card paper cost ₹170, lemons cost ₹160 and ribbon cost ₹210. How many rupees of the budget are left?
  31. 31.True or false: “card paper” is a running cost. (a) True (b) False
  32. 32.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  33. 33.Diya has a budget of ₹600. The stock costs ₹240 and the stall fee is ₹360. Is the budget enough? (a) Yes (b) No
  34. 34.True or false: “paper cups” is a one-time cost. (a) True (b) False
  35. 35.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  36. 36.Dev’s stall budget is ₹390. Sugar cost ₹180, ribbon cost ₹160 and a price board cost ₹20. How many rupees of the budget are left?
  37. 37.Which of these is a one-time cost? (a) ice (b) card paper (c) seeds and soil (d) a cash box
  38. 38.Ishaan’s stall budget is ₹470. Paper cups cost ₹140, lemons cost ₹110 and a banner cost ₹60. How many rupees of the budget are left?
  39. 39.Saanvi has ₹140 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Saanvi can buy?
  40. 40.Ananya plans to make 34 handmade cards. Each needs ₹5 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?

Answer key

  1. 240
  2. paper cups
  3. tea leaves and milk
  4. a price board
  5. a juicer
  6. lemons
  7. a cooler box
  8. a one-time cost
  9. a cloth banner
  10. 95
  11. 13
  12. 394
  13. False
  14. a one-time cost
  15. 4
  16. True
  17. ice
  18. a folding table
  19. a running cost
  20. True
  21. No
  22. False
  23. 342
  24. 510
  25. 226
  26. 319
  27. 260
  28. 40
  29. a cash box
  30. 80
  31. True
  32. a one-time cost
  33. Yes
  34. False
  35. a running cost
  36. 30
  37. a cash box
  38. 160
  39. 11
  40. 420

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