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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 811 · 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.Dev plans to make 49 painted pebbles. Each needs ₹9 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  2. 2.Ishaan’s stall budget is ₹820. A banner cost ₹200, paper cups cost ₹220 and pots cost ₹270. How many rupees of the budget are left?
  3. 3.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a folding table (d) ice
  4. 4.Ishaan plans to make 29 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  5. 5.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) a cooler box (d) card paper
  6. 6.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  7. 7.Aarav’s stall budget is ₹450. Card paper cost ₹50, pots cost ₹50 and a banner cost ₹250. How many rupees of the budget are left?
  8. 8.Gurpreet has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹200. Is the budget enough? (a) Yes (b) No
  9. 9.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  10. 10.Gurpreet has ₹70 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Gurpreet can buy?
  11. 11.🔍 Which is the odd one out? (a) card paper (b) a cooler box (c) a juicer (d) a cash box
  12. 12.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  13. 13.🔍 Which is the odd one out? (a) sugar (b) a folding table (c) paper cups (d) tea leaves and milk
  14. 14.True or false: “a cooler box” is a running cost. (a) True (b) False
  15. 15.Which of these is a running cost? (a) a cash box (b) a cooler box (c) a cloth banner (d) tea leaves and milk
  16. 16.Rohan’s stall budget is ₹660. A banner cost ₹150, lemons cost ₹40 and sugar cost ₹230. How many rupees of the budget are left?
  17. 17.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) paper cups (d) card paper
  18. 18.Which of these is a one-time cost? (a) lemons (b) sugar (c) a price board (d) ice
  19. 19.True or false: “sugar” is a running cost. (a) True (b) False
  20. 20.True or false: “lemons” is a running cost. (a) True (b) False
  21. 21.True or false: “a juicer” is a one-time cost. (a) True (b) False
  22. 22.True or false: “a cash box” is a one-time cost. (a) False (b) True
  23. 23.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  24. 24.Rohan plans to make 30 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  25. 25.Which of these is a one-time cost? (a) seeds and soil (b) a juicer (c) ice (d) lemons
  26. 26.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) a folding table (d) paper cups
  27. 27.Riya plans to make 44 jute bags. Each needs ₹2 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  28. 28.True or false: “ice” is a running cost. (a) True (b) False
  29. 29.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  30. 30.Kavya has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹160. Is the budget enough? (a) Yes (b) No
  31. 31.Which of these is a one-time cost? (a) a folding table (b) card paper (c) sugar (d) paper cups
  32. 32.Dev has ₹300 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Dev can buy?
  33. 33.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  34. 34.Ishaan has a budget of ₹900. The stock costs ₹120 and the stall fee is ₹770. Is the budget enough? (a) No (b) Yes
  35. 35.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  36. 36.Ishaan has ₹60 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Ishaan can buy?
  37. 37.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  38. 38.Lakshmi plans to make 32 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  39. 39.Riya has a budget of ₹1000. The stock costs ₹80 and the stall fee is ₹900. Is the budget enough? (a) Yes (b) No
  40. 40.Arjun’s stall budget is ₹780. Pots cost ₹180, a banner cost ₹240 and seeds cost ₹190. How many rupees of the budget are left?

Answer key

  1. 591
  2. 130
  3. ice
  4. 386
  5. a cooler box
  6. a one-time cost
  7. 100
  8. Yes
  9. a running cost
  10. 11
  11. card paper
  12. a running cost
  13. a folding table
  14. False
  15. tea leaves and milk
  16. 240
  17. a cloth banner
  18. a price board
  19. True
  20. True
  21. True
  22. True
  23. a running cost
  24. 240
  25. a juicer
  26. paper cups
  27. 358
  28. True
  29. a one-time cost
  30. Yes
  31. a folding table
  32. 60
  33. a one-time cost
  34. Yes
  35. a running cost
  36. 6
  37. a running cost
  38. 408
  39. Yes
  40. 170

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