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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 931 · 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.Aarav has ₹310 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Aarav can buy?
  2. 2.Which of these is a one-time cost? (a) a price board (b) paper cups (c) seeds and soil (d) sugar
  3. 3.Joseph has ₹290 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Joseph can buy?
  4. 4.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  5. 5.Kabir has ₹180 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Kabir can buy?
  6. 6.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) sugar (d) a cooler box
  7. 7.Which of these is a running cost? (a) seeds and soil (b) a juicer (c) a folding table (d) a cash box
  8. 8.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) lemons (d) a cash box
  9. 9.Meera has a budget of ₹700. The stock costs ₹130 and the stall fee is ₹570. Is the budget enough? (a) No (b) Yes
  10. 10.Gurpreet has a budget of ₹600. The stock costs ₹80 and the stall fee is ₹510. Is the budget enough? (a) No (b) Yes
  11. 11.Aarav has a budget of ₹400. The stock costs ₹200 and the stall fee is ₹160. Is the budget enough? (a) No (b) Yes
  12. 12.Vihaan has ₹300 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Vihaan can buy?
  13. 13.Kabir’s stall budget is ₹820. A price board cost ₹280, a banner cost ₹210 and ribbon cost ₹250. How many rupees of the budget are left?
  14. 14.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  15. 15.Vihaan has a budget of ₹700. The stock costs ₹70 and the stall fee is ₹670. Is the budget enough? (a) No (b) Yes
  16. 16.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  17. 17.Arjun has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
  18. 18.True or false: “a cash box” is a one-time cost. (a) False (b) True
  19. 19.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  20. 20.Rohan’s stall budget is ₹640. Seeds cost ₹230, paper cups cost ₹60 and ribbon cost ₹210. How many rupees of the budget are left?
  21. 21.Diya plans to make 17 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  22. 22.Zoya’s stall budget is ₹640. Paper cups cost ₹160, napkins cost ₹150 and a banner cost ₹250. How many rupees of the budget are left?
  23. 23.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) paper cups (d) a juicer
  24. 24.Farhan has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  25. 25.Saanvi plans to make 46 jute bags. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  26. 26.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) a juicer (d) a cash box
  27. 27.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  28. 28.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) a juicer (d) seeds and soil
  29. 29.True or false: “sugar” is a running cost. (a) False (b) True
  30. 30.Dev plans to make 23 clay diyas. Each needs ₹6 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  31. 31.Meera’s stall budget is ₹660. Paper cups cost ₹30, a price board cost ₹210 and ribbon cost ₹170. How many rupees of the budget are left?
  32. 32.🔍 Which is the odd one out? (a) sugar (b) lemons (c) a cash box (d) paper cups
  33. 33.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  34. 34.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  35. 35.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) sugar (d) a folding table
  36. 36.True or false: “sugar” is a one-time cost. (a) False (b) True
  37. 37.Joseph’s stall budget is ₹420. Seeds cost ₹20, sugar cost ₹250 and a banner cost ₹70. How many rupees of the budget are left?
  38. 38.Which of these is a one-time cost? (a) sugar (b) card paper (c) lemons (d) a folding table
  39. 39.Tara’s stall budget is ₹680. Lemons cost ₹130, a price board cost ₹240 and card paper cost ₹70. How many rupees of the budget are left?
  40. 40.Dev’s stall budget is ₹500. Seeds cost ₹100, pots cost ₹40 and napkins cost ₹110. How many rupees of the budget are left?

Answer key

  1. 51
  2. a price board
  3. 36
  4. a running cost
  5. 12
  6. sugar
  7. seeds and soil
  8. lemons
  9. Yes
  10. Yes
  11. Yes
  12. 20
  13. 80
  14. False
  15. No
  16. a one-time cost
  17. Yes
  18. True
  19. a one-time cost
  20. 140
  21. 338
  22. 80
  23. paper cups
  24. No
  25. 152
  26. seeds and soil
  27. a running cost
  28. a juicer
  29. True
  30. 428
  31. 250
  32. a cash box
  33. a running cost
  34. a running cost
  35. a folding table
  36. False
  37. 80
  38. a folding table
  39. 240
  40. 250

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