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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 86 · 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.True or false: “card paper” is a one-time cost. (a) True (b) False
  2. 2.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) card paper (d) a juicer
  3. 3.Ishaan’s stall budget is ₹520. Paper cups cost ₹150, sugar cost ₹150 and seeds cost ₹140. How many rupees of the budget are left?
  4. 4.Joseph has a budget of ₹1000. The stock costs ₹160 and the stall fee is ₹850. Is the budget enough? (a) No (b) Yes
  5. 5.Nisha’s stall budget is ₹580. Ribbon cost ₹160, paper cups cost ₹250 and sugar cost ₹40. How many rupees of the budget are left?
  6. 6.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) a folding table (d) a cloth banner
  7. 7.Kavya plans to make 41 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  8. 8.Meera has ₹50 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Meera can buy?
  9. 9.Meera’s stall budget is ₹760. Seeds cost ₹100, ribbon cost ₹220 and a banner cost ₹270. How many rupees of the budget are left?
  10. 10.Dev’s stall budget is ₹630. Lemons cost ₹30, paper cups cost ₹20 and napkins cost ₹280. How many rupees of the budget are left?
  11. 11.True or false: “a juicer” is a one-time cost. (a) True (b) False
  12. 12.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) seeds and soil (d) ice
  13. 13.Which of these is a one-time cost? (a) ice (b) card paper (c) lemons (d) a cloth banner
  14. 14.Which of these is a running cost? (a) lemons (b) a cooler box (c) a juicer (d) a cloth banner
  15. 15.Saanvi has ₹350 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Saanvi can buy?
  16. 16.Meera’s stall budget is ₹620. Napkins cost ₹90, card paper cost ₹290 and sugar cost ₹230. How many rupees of the budget are left?
  17. 17.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  18. 18.Which of these is a one-time cost? (a) card paper (b) lemons (c) ice (d) a juicer
  19. 19.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  20. 20.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) paper cups (d) a cloth banner
  21. 21.Saanvi’s stall budget is ₹490. Napkins cost ₹70, sugar cost ₹140 and lemons cost ₹20. How many rupees of the budget are left?
  22. 22.Vihaan plans to make 11 painted pebbles. Each needs ₹8 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  23. 23.True or false: “lemons” is a running cost. (a) True (b) False
  24. 24.Nisha’s stall budget is ₹580. Pots cost ₹160, card paper cost ₹210 and napkins cost ₹190. How many rupees of the budget are left?
  25. 25.Which of these is a running cost? (a) a cooler box (b) a folding table (c) a cloth banner (d) sugar
  26. 26.Lakshmi has ₹280 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Lakshmi can buy?
  27. 27.Saanvi’s stall budget is ₹580. Card paper cost ₹230, lemons cost ₹70 and paper cups cost ₹50. How many rupees of the budget are left?
  28. 28.Meera plans to make 32 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  29. 29.True or false: “a folding table” is a running cost. (a) True (b) False
  30. 30.True or false: “lemons” is a one-time cost. (a) False (b) True
  31. 31.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  32. 32.🔍 Which is the odd one out? (a) sugar (b) a price board (c) a cloth banner (d) a cooler box
  33. 33.Vihaan’s stall budget is ₹530. Lemons cost ₹130, card paper cost ₹110 and ribbon cost ₹90. How many rupees of the budget are left?
  34. 34.Nisha has a budget of ₹500. The stock costs ₹140 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  35. 35.Meera has a budget of ₹1000. The stock costs ₹50 and the stall fee is ₹910. Is the budget enough? (a) No (b) Yes
  36. 36.🔍 Which is the odd one out? (a) tea leaves and milk (b) sugar (c) seeds and soil (d) a folding table
  37. 37.Nisha’s stall budget is ₹570. A banner cost ₹30, pots cost ₹190 and lemons cost ₹50. How many rupees of the budget are left?
  38. 38.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) card paper (d) a juicer
  39. 39.Saanvi plans to make 30 bags of popcorn. Each needs ₹2 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  40. 40.Farhan plans to make 47 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?

Answer key

  1. False
  2. a juicer
  3. 80
  4. No
  5. 130
  6. paper cups
  7. 577
  8. 5
  9. 170
  10. 300
  11. True
  12. a cash box
  13. a cloth banner
  14. lemons
  15. 87
  16. 10
  17. a running cost
  18. a juicer
  19. False
  20. a cloth banner
  21. 260
  22. 148
  23. True
  24. 20
  25. sugar
  26. 46
  27. 230
  28. 326
  29. False
  30. False
  31. a one-time cost
  32. sugar
  33. 200
  34. Yes
  35. Yes
  36. a folding table
  37. 300
  38. card paper
  39. 290
  40. 341

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