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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 957 · 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 ₹300. The stock costs ₹100 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  2. 2.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) tea leaves and milk (d) a cloth banner
  3. 3.Which of these is a one-time cost? (a) seeds and soil (b) ice (c) sugar (d) a cloth banner
  4. 4.Farhan plans to make 39 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  5. 5.Kabir’s stall budget is ₹550. Seeds cost ₹20, napkins cost ₹220 and a banner cost ₹30. How many rupees of the budget are left?
  6. 6.Which of these is a running cost? (a) a folding table (b) seeds and soil (c) a price board (d) a cash box
  7. 7.Gurpreet has ₹500 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Gurpreet can buy?
  8. 8.Lakshmi has a budget of ₹900. The stock costs ₹130 and the stall fee is ₹810. Is the budget enough? (a) No (b) Yes
  9. 9.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  10. 10.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  11. 11.Diya has a budget of ₹800. The stock costs ₹310 and the stall fee is ₹510. Is the budget enough? (a) Yes (b) No
  12. 12.Joseph has ₹260 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Joseph can buy?
  13. 13.True or false: “paper cups” is a running cost. (a) False (b) True
  14. 14.Diya plans to make 13 jute bags. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  15. 15.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  16. 16.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  17. 17.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  18. 18.Zoya has ₹140 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Zoya can buy?
  19. 19.Farhan plans to make 14 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  20. 20.Dev has ₹440 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Dev can buy?
  21. 21.Farhan has a budget of ₹800. The stock costs ₹180 and the stall fee is ₹570. Is the budget enough? (a) No (b) Yes
  22. 22.Ananya has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  23. 23.Nisha’s stall budget is ₹310. Card paper cost ₹110, ribbon cost ₹40 and paper cups cost ₹50. How many rupees of the budget are left?
  24. 24.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) lemons (d) a cooler box
  25. 25.Which of these is a running cost? (a) a cash box (b) a cooler box (c) a folding table (d) sugar
  26. 26.Rohan plans to make 29 potted plants. Each needs ₹5 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  27. 27.Kabir plans to make 43 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  28. 28.True or false: “lemons” is a running cost. (a) True (b) False
  29. 29.Kabir has a budget of ₹500. The stock costs ₹250 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  30. 30.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) sugar (d) a juicer
  31. 31.True or false: “ice” is a one-time cost. (a) False (b) True
  32. 32.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  33. 33.Which of these is a one-time cost? (a) paper cups (b) sugar (c) tea leaves and milk (d) a cash box
  34. 34.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  35. 35.Gurpreet has ₹440 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Gurpreet can buy?
  36. 36.Aarav has ₹240 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Aarav can buy?
  37. 37.🔍 Which is the odd one out? (a) ice (b) sugar (c) card paper (d) a cooler box
  38. 38.Saanvi has a budget of ₹700. The stock costs ₹170 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  39. 39.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  40. 40.Rohan plans to make 47 jute bags. Each needs ₹4 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?

Answer key

  1. Yes
  2. tea leaves and milk
  3. a cloth banner
  4. 383
  5. 280
  6. seeds and soil
  7. 41
  8. No
  9. a running cost
  10. True
  11. No
  12. 65
  13. True
  14. 86
  15. a one-time cost
  16. True
  17. a running cost
  18. 23
  19. 174
  20. 29
  21. Yes
  22. No
  23. 110
  24. lemons
  25. sugar
  26. 195
  27. 680
  28. True
  29. No
  30. sugar
  31. False
  32. a running cost
  33. a cash box
  34. a running cost
  35. 44
  36. 12
  37. a cooler box
  38. Yes
  39. a one-time cost
  40. 488

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