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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 699 · 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.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a cloth banner (d) lemons
  2. 2.Aarav has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  3. 3.True or false: “a price board” is a one-time cost. (a) False (b) True
  4. 4.Zoya plans to make 29 friendship bands. Each needs ₹3 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  5. 5.Farhan has ₹280 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Farhan can buy?
  6. 6.True or false: “card paper” is a one-time cost. (a) False (b) True
  7. 7.Which of these is a running cost? (a) a cloth banner (b) a price board (c) a folding table (d) lemons
  8. 8.Which of these is a running cost? (a) a cash box (b) a price board (c) a folding table (d) sugar
  9. 9.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) a folding table (d) card paper
  10. 10.Ishaan’s stall budget is ₹550. Sugar cost ₹150, paper cups cost ₹130 and napkins cost ₹140. How many rupees of the budget are left?
  11. 11.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  12. 12.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) a cash box (d) ice
  13. 13.True or false: “a folding table” is a one-time cost. (a) True (b) False
  14. 14.True or false: “sugar” is a running cost. (a) True (b) False
  15. 15.Farhan’s stall budget is ₹920. Card paper cost ₹170, sugar cost ₹180 and pots cost ₹270. How many rupees of the budget are left?
  16. 16.Meera has a budget of ₹700. The stock costs ₹330 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  17. 17.Kavya plans to make 29 fruit cups. Each needs ₹2 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  18. 18.Lakshmi has ₹250 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Lakshmi can buy?
  19. 19.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) lemons (d) a cooler box
  20. 20.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) a cloth banner (d) card paper
  21. 21.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  22. 22.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  23. 23.True or false: “a juicer” is a running cost. (a) True (b) False
  24. 24.Saanvi has ₹200 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Saanvi can buy?
  25. 25.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  26. 26.True or false: “card paper” is a running cost. (a) True (b) False
  27. 27.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  28. 28.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  29. 29.Kabir has a budget of ₹1000. The stock costs ₹150 and the stall fee is ₹900. Is the budget enough? (a) No (b) Yes
  30. 30.Dev plans to make 34 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  31. 31.Kavya has a budget of ₹900. The stock costs ₹400 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  32. 32.Rohan has ₹260 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Rohan can buy?
  33. 33.True or false: “a price board” is a running cost. (a) False (b) True
  34. 34.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) tea leaves and milk (d) a folding table
  35. 35.Zoya plans to make 27 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  36. 36.True or false: “seeds and soil” is a running cost. (a) True (b) False
  37. 37.Ishaan plans to make 37 friendship bands. Each needs ₹9 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  38. 38.Arjun plans to make 18 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  39. 39.Kavya’s stall budget is ₹630. Seeds cost ₹40, sugar cost ₹220 and pots cost ₹130. How many rupees of the budget are left?
  40. 40.Joseph plans to make 24 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?

Answer key

  1. lemons
  2. Yes
  3. True
  4. 167
  5. 56
  6. False
  7. lemons
  8. sugar
  9. card paper
  10. 130
  11. True
  12. a cash box
  13. True
  14. True
  15. 300
  16. No
  17. 228
  18. 50
  19. a cooler box
  20. a cloth banner
  21. a one-time cost
  22. a one-time cost
  23. False
  24. 25
  25. a running cost
  26. True
  27. a running cost
  28. a one-time cost
  29. No
  30. 202
  31. Yes
  32. 43
  33. False
  34. a folding table
  35. 543
  36. True
  37. 413
  38. 344
  39. 240
  40. 244

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