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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 946 · 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 a budget of ₹1000. The stock costs ₹140 and the stall fee is ₹810. Is the budget enough? (a) No (b) Yes
  2. 2.True or false: “card paper” is a one-time cost. (a) False (b) True
  3. 3.True or false: “a juicer” is a running cost. (a) False (b) True
  4. 4.Diya’s stall budget is ₹290. Ribbon cost ₹90, seeds cost ₹80 and card paper cost ₹100. How many rupees of the budget are left?
  5. 5.Kabir has ₹500 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Kabir can buy?
  6. 6.Rohan’s stall budget is ₹790. Pots cost ₹190, ribbon cost ₹230 and sugar cost ₹300. How many rupees of the budget are left?
  7. 7.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) a cloth banner (d) lemons
  8. 8.Which of these is a running cost? (a) a folding table (b) a juicer (c) seeds and soil (d) a cooler box
  9. 9.Nisha has a budget of ₹700. The stock costs ₹50 and the stall fee is ₹630. Is the budget enough? (a) No (b) Yes
  10. 10.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  11. 11.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  12. 12.Meera’s stall budget is ₹270. Seeds cost ₹80, ribbon cost ₹140 and napkins cost ₹40. How many rupees of the budget are left?
  13. 13.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  14. 14.Nisha plans to make 28 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  15. 15.True or false: “ice” is a running cost. (a) True (b) False
  16. 16.Arjun has ₹140 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Arjun can buy?
  17. 17.Gurpreet plans to make 20 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  18. 18.Which of these is a one-time cost? (a) seeds and soil (b) ice (c) a juicer (d) tea leaves and milk
  19. 19.Aarav’s stall budget is ₹830. Napkins cost ₹230, paper cups cost ₹240 and lemons cost ₹100. How many rupees of the budget are left?
  20. 20.Which of these is a one-time cost? (a) a cooler box (b) tea leaves and milk (c) card paper (d) lemons
  21. 21.Kabir plans to make 44 friendship bands. Each needs ₹3 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  22. 22.Kavya has a budget of ₹1000. The stock costs ₹310 and the stall fee is ₹640. Is the budget enough? (a) No (b) Yes
  23. 23.Which of these is a running cost? (a) a folding table (b) sugar (c) a price board (d) a cash box
  24. 24.Nisha has ₹210 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Nisha can buy?
  25. 25.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) a folding table (d) paper cups
  26. 26.Farhan plans to make 18 clay diyas. Each needs ₹7 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  27. 27.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  28. 28.Which of these is a one-time cost? (a) card paper (b) tea leaves and milk (c) a cash box (d) lemons
  29. 29.Saanvi’s stall budget is ₹660. A banner cost ₹250, seeds cost ₹80 and ribbon cost ₹240. How many rupees of the budget are left?
  30. 30.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  31. 31.Gurpreet plans to make 45 potted plants. Each needs ₹6 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  32. 32.Ananya plans to make 14 handmade cards. Each needs ₹10 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  33. 33.Diya has ₹160 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Diya can buy?
  34. 34.Kavya has ₹410 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Kavya can buy?
  35. 35.Joseph has a budget of ₹600. The stock costs ₹190 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No
  36. 36.True or false: “paper cups” is a running cost. (a) False (b) True
  37. 37.True or false: “lemons” is a one-time cost. (a) False (b) True
  38. 38.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  39. 39.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  40. 40.🔍 Which is the odd one out? (a) a juicer (b) lemons (c) tea leaves and milk (d) card paper

Answer key

  1. Yes
  2. False
  3. False
  4. 20
  5. 50
  6. 70
  7. a cloth banner
  8. seeds and soil
  9. Yes
  10. a one-time cost
  11. a one-time cost
  12. 10
  13. a running cost
  14. 540
  15. True
  16. 23
  17. 310
  18. a juicer
  19. 260
  20. a cooler box
  21. 412
  22. Yes
  23. sugar
  24. 35
  25. paper cups
  26. 346
  27. a one-time cost
  28. a cash box
  29. 90
  30. a running cost
  31. 410
  32. 200
  33. 32
  34. 27
  35. Yes
  36. True
  37. False
  38. a running cost
  39. a running cost
  40. a juicer

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