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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 819 · 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.Lakshmi has a budget of ₹900. The stock costs ₹180 and the stall fee is ₹720. Is the budget enough? (a) No (b) Yes
  2. 2.Arjun’s stall budget is ₹580. Sugar cost ₹70, a price board cost ₹250 and a banner cost ₹200. How many rupees of the budget are left?
  3. 3.True or false: “lemons” is a running cost. (a) False (b) True
  4. 4.Gurpreet’s stall budget is ₹440. Paper cups cost ₹70, a banner cost ₹190 and pots cost ₹30. How many rupees of the budget are left?
  5. 5.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) card paper (d) a cloth banner
  6. 6.Aarav’s stall budget is ₹660. Sugar cost ₹280, paper cups cost ₹150 and lemons cost ₹70. How many rupees of the budget are left?
  7. 7.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  8. 8.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  9. 9.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) card paper (d) a cloth banner
  10. 10.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  11. 11.Arjun has a budget of ₹1000. The stock costs ₹50 and the stall fee is ₹1000. Is the budget enough? (a) No (b) Yes
  12. 12.Aarav plans to make 42 jute bags. Each needs ₹8 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  13. 13.Saanvi plans to make 11 handmade cards. Each needs ₹9 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  14. 14.Which of these is a running cost? (a) card paper (b) a cooler box (c) a price board (d) a juicer
  15. 15.Vihaan has ₹440 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Vihaan can buy?
  16. 16.Kavya’s stall budget is ₹740. A price board cost ₹290, ribbon cost ₹170 and napkins cost ₹50. How many rupees of the budget are left?
  17. 17.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  18. 18.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) a price board (d) a cooler box
  19. 19.Which of these is a one-time cost? (a) sugar (b) lemons (c) a cloth banner (d) tea leaves and milk
  20. 20.Riya’s stall budget is ₹610. A price board cost ₹60, pots cost ₹50 and lemons cost ₹250. How many rupees of the budget are left?
  21. 21.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  22. 22.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  23. 23.Riya has ₹230 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Riya can buy?
  24. 24.Which of these is a one-time cost? (a) a juicer (b) paper cups (c) card paper (d) sugar
  25. 25.🔍 Which is the odd one out? (a) seeds and soil (b) a juicer (c) a cash box (d) a cloth banner
  26. 26.Zoya has a budget of ₹800. The stock costs ₹330 and the stall fee is ₹420. Is the budget enough? (a) No (b) Yes
  27. 27.Meera plans to make 37 friendship bands. Each needs ₹6 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  28. 28.Tara has a budget of ₹1000. The stock costs ₹430 and the stall fee is ₹540. Is the budget enough? (a) No (b) Yes
  29. 29.True or false: “seeds and soil” is a running cost. (a) False (b) True
  30. 30.Which of these is a one-time cost? (a) paper cups (b) sugar (c) ice (d) a folding table
  31. 31.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) a cash box (d) paper cups
  32. 32.Meera has ₹430 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Meera can buy?
  33. 33.Lakshmi’s stall budget is ₹340. A banner cost ₹170, card paper cost ₹80 and paper cups cost ₹20. How many rupees of the budget are left?
  34. 34.Joseph plans to make 12 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  35. 35.Gurpreet has ₹120 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Gurpreet can buy?
  36. 36.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) ice (d) a folding table
  37. 37.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  38. 38.Joseph plans to make 46 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  39. 39.Aarav’s stall budget is ₹800. Paper cups cost ₹240, a price board cost ₹170 and card paper cost ₹170. How many rupees of the budget are left?
  40. 40.Lakshmi has a budget of ₹700. The stock costs ₹130 and the stall fee is ₹560. Is the budget enough? (a) Yes (b) No

Answer key

  1. Yes
  2. 60
  3. True
  4. 150
  5. a cloth banner
  6. 160
  7. a running cost
  8. a running cost
  9. card paper
  10. a running cost
  11. No
  12. 566
  13. 289
  14. card paper
  15. 36
  16. 230
  17. a one-time cost
  18. paper cups
  19. a cloth banner
  20. 250
  21. a one-time cost
  22. a running cost
  23. 46
  24. a juicer
  25. seeds and soil
  26. Yes
  27. 292
  28. Yes
  29. True
  30. a folding table
  31. a cash box
  32. 28
  33. 70
  34. 94
  35. 8
  36. ice
  37. a one-time cost
  38. 566
  39. 220
  40. Yes

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