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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 774 · 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.Kavya plans to make 15 cupcakes. Each needs ₹7 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  2. 2.Kabir’s stall budget is ₹450. Lemons cost ₹60, napkins cost ₹60 and a banner cost ₹170. How many rupees of the budget are left?
  3. 3.Joseph has ₹90 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Joseph can buy?
  4. 4.True or false: “a cloth banner” is a running cost. (a) False (b) True
  5. 5.Tara has a budget of ₹500. The stock costs ₹160 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
  6. 6.Diya has a budget of ₹900. The stock costs ₹190 and the stall fee is ₹740. Is the budget enough? (a) Yes (b) No
  7. 7.Aarav plans to make 35 cupcakes. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  8. 8.Ishaan’s stall budget is ₹740. Pots cost ₹230, card paper cost ₹60 and paper cups cost ₹260. How many rupees of the budget are left?
  9. 9.True or false: “sugar” is a one-time cost. (a) False (b) True
  10. 10.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) a price board (d) seeds and soil
  11. 11.Which of these is a one-time cost? (a) a juicer (b) seeds and soil (c) paper cups (d) ice
  12. 12.Which of these is a running cost? (a) a cooler box (b) sugar (c) a cash box (d) a folding table
  13. 13.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  14. 14.Diya plans to make 45 friendship bands. Each needs ₹9 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  15. 15.Ishaan’s stall budget is ₹750. Pots cost ₹140, lemons cost ₹170 and a price board cost ₹250. How many rupees of the budget are left?
  16. 16.Nisha has ₹110 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Nisha can buy?
  17. 17.Dev plans to make 44 cupcakes. Each needs ₹3 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  18. 18.Meera has ₹330 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Meera can buy?
  19. 19.Saanvi has ₹470 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Saanvi can buy?
  20. 20.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  21. 21.Which of these is a one-time cost? (a) sugar (b) card paper (c) tea leaves and milk (d) a folding table
  22. 22.Which of these is a running cost? (a) a folding table (b) a cooler box (c) ice (d) a juicer
  23. 23.Aarav has a budget of ₹1000. The stock costs ₹180 and the stall fee is ₹820. Is the budget enough? (a) Yes (b) No
  24. 24.Rohan has a budget of ₹600. The stock costs ₹80 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  25. 25.True or false: “sugar” is a running cost. (a) True (b) False
  26. 26.Nisha has a budget of ₹600. The stock costs ₹90 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  27. 27.Aarav’s stall budget is ₹290. A price board cost ₹60, sugar cost ₹30 and napkins cost ₹50. How many rupees of the budget are left?
  28. 28.Which of these is a one-time cost? (a) tea leaves and milk (b) a cloth banner (c) card paper (d) lemons
  29. 29.Vihaan plans to make 44 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  30. 30.Arjun plans to make 17 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  31. 31.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  32. 32.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  33. 33.True or false: “a cash box” is a running cost. (a) True (b) False
  34. 34.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  35. 35.Rohan has ₹420 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Rohan can buy?
  36. 36.Joseph has ₹180 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Joseph can buy?
  37. 37.Riya plans to make 23 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  38. 38.Nisha has ₹220 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Nisha can buy?
  39. 39.Lakshmi plans to make 35 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  40. 40.Aarav has ₹500 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Aarav can buy?

Answer key

  1. 405
  2. 160
  3. 22
  4. False
  5. No
  6. No
  7. 395
  8. 190
  9. False
  10. seeds and soil
  11. a juicer
  12. sugar
  13. a running cost
  14. 585
  15. 190
  16. 27
  17. 212
  18. 16
  19. 78
  20. a running cost
  21. a folding table
  22. ice
  23. Yes
  24. Yes
  25. True
  26. Yes
  27. 150
  28. a cloth banner
  29. 598
  30. 322
  31. a one-time cost
  32. a one-time cost
  33. False
  34. a running cost
  35. 52
  36. 12
  37. 279
  38. 44
  39. 405
  40. 100

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