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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 9 · 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.Gurpreet’s stall budget is ₹730. Lemons cost ₹200, pots cost ₹260 and napkins cost ₹150. How many rupees of the budget are left?
  2. 2.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) sugar (d) paper cups
  3. 3.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  4. 4.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  5. 5.Kabir’s stall budget is ₹390. Ribbon cost ₹70, lemons cost ₹30 and napkins cost ₹170. How many rupees of the budget are left?
  6. 6.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) a cash box (d) lemons
  7. 7.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  8. 8.Dev plans to make 39 fruit cups. Each needs ₹2 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  9. 9.True or false: “sugar” is a running cost. (a) True (b) False
  10. 10.Lakshmi has a budget of ₹900. The stock costs ₹260 and the stall fee is ₹680. Is the budget enough? (a) Yes (b) No
  11. 11.🔍 Which is the odd one out? (a) sugar (b) tea leaves and milk (c) a price board (d) paper cups
  12. 12.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  13. 13.Which of these is a running cost? (a) a price board (b) a folding table (c) lemons (d) a cash box
  14. 14.Farhan plans to make 38 clay diyas. Each needs ₹8 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  15. 15.Vihaan plans to make 49 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  16. 16.True or false: “a cash box” is a running cost. (a) True (b) False
  17. 17.Vihaan’s stall budget is ₹780. Sugar cost ₹290, a banner cost ₹100 and lemons cost ₹250. How many rupees of the budget are left?
  18. 18.Lakshmi’s stall budget is ₹560. Sugar cost ₹250, ribbon cost ₹280 and a banner cost ₹20. How many rupees of the budget are left?
  19. 19.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  20. 20.Ananya plans to make 16 painted pebbles. Each needs ₹8 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  21. 21.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) lemons (d) a cooler box
  22. 22.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  23. 23.Ananya has ₹370 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Ananya can buy?
  24. 24.Nisha has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  25. 25.Arjun has a budget of ₹900. The stock costs ₹260 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
  26. 26.Joseph plans to make 47 handmade cards. Each needs ₹8 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  27. 27.True or false: “a price board” is a running cost. (a) False (b) True
  28. 28.Which of these is a running cost? (a) a folding table (b) sugar (c) a price board (d) a cloth banner
  29. 29.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) a cooler box (d) a price board
  30. 30.Diya has a budget of ₹1000. The stock costs ₹400 and the stall fee is ₹630. Is the budget enough? (a) No (b) Yes
  31. 31.Arjun plans to make 16 handmade cards. Each needs ₹5 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  32. 32.Tara has a budget of ₹700. The stock costs ₹230 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  33. 33.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  34. 34.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  35. 35.True or false: “a juicer” is a one-time cost. (a) True (b) False
  36. 36.Meera has a budget of ₹500. The stock costs ₹100 and the stall fee is ₹420. Is the budget enough? (a) No (b) Yes
  37. 37.Ishaan has ₹110 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Ishaan can buy?
  38. 38.True or false: “lemons” is a one-time cost. (a) False (b) True
  39. 39.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  40. 40.True or false: “ice” is a one-time cost. (a) True (b) False

Answer key

  1. 120
  2. a folding table
  3. True
  4. a one-time cost
  5. 120
  6. a cash box
  7. a one-time cost
  8. 308
  9. True
  10. No
  11. a price board
  12. False
  13. lemons
  14. 354
  15. 227
  16. False
  17. 140
  18. 10
  19. True
  20. 288
  21. lemons
  22. a one-time cost
  23. 37
  24. No
  25. Yes
  26. 476
  27. False
  28. sugar
  29. sugar
  30. No
  31. 340
  32. Yes
  33. a one-time cost
  34. a running cost
  35. True
  36. No
  37. 22
  38. False
  39. a running cost
  40. False

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