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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 963 · 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.Nisha has a budget of ₹700. The stock costs ₹210 and the stall fee is ₹440. Is the budget enough? (a) Yes (b) No
  2. 2.Which of these is a one-time cost? (a) a folding table (b) sugar (c) tea leaves and milk (d) ice
  3. 3.Rohan has ₹290 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Rohan can buy?
  4. 4.🔍 Which is the odd one out? (a) ice (b) sugar (c) a cooler box (d) tea leaves and milk
  5. 5.Saanvi has ₹360 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Saanvi can buy?
  6. 6.Lakshmi plans to make 26 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  7. 7.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  8. 8.Nisha’s stall budget is ₹1020. Sugar cost ₹180, a price board cost ₹270 and napkins cost ₹280. How many rupees of the budget are left?
  9. 9.True or false: “a juicer” is a one-time cost. (a) False (b) True
  10. 10.Farhan has ₹310 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Farhan can buy?
  11. 11.Saanvi plans to make 45 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  12. 12.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  13. 13.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  14. 14.Aarav has ₹470 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Aarav can buy?
  15. 15.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a cash box (d) lemons
  16. 16.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  17. 17.Kavya’s stall budget is ₹580. Seeds cost ₹170, pots cost ₹90 and ribbon cost ₹150. How many rupees of the budget are left?
  18. 18.🔍 Which is the odd one out? (a) a cloth banner (b) ice (c) seeds and soil (d) paper cups
  19. 19.Meera plans to make 36 clay diyas. Each needs ₹4 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  20. 20.True or false: “ice” is a one-time cost. (a) True (b) False
  21. 21.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  22. 22.True or false: “card paper” is a running cost. (a) False (b) True
  23. 23.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  24. 24.Aarav plans to make 24 friendship bands. Each needs ₹2 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  25. 25.True or false: “paper cups” is a one-time cost. (a) True (b) False
  26. 26.True or false: “sugar” is a running cost. (a) False (b) True
  27. 27.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) ice (d) a price board
  28. 28.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  29. 29.Ishaan has ₹280 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Ishaan can buy?
  30. 30.Farhan has ₹450 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Farhan can buy?
  31. 31.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  32. 32.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) tea leaves and milk (d) a price board
  33. 33.True or false: “a folding table” is a running cost. (a) False (b) True
  34. 34.Which of these is a running cost? (a) a cloth banner (b) card paper (c) a price board (d) a folding table
  35. 35.Farhan has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  36. 36.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) a juicer (d) sugar
  37. 37.Farhan’s stall budget is ₹620. A price board cost ₹290, pots cost ₹270 and lemons cost ₹40. How many rupees of the budget are left?
  38. 38.Rohan plans to make 13 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  39. 39.Riya plans to make 25 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  40. 40.Kavya plans to make 25 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?

Answer key

  1. Yes
  2. a folding table
  3. 36
  4. a cooler box
  5. 36
  6. 370
  7. a running cost
  8. 290
  9. True
  10. 20
  11. 480
  12. False
  13. a running cost
  14. 39
  15. lemons
  16. a one-time cost
  17. 170
  18. a cloth banner
  19. 314
  20. False
  21. a one-time cost
  22. True
  23. a one-time cost
  24. 168
  25. False
  26. True
  27. ice
  28. a running cost
  29. 18
  30. 30
  31. True
  32. tea leaves and milk
  33. False
  34. card paper
  35. No
  36. a juicer
  37. 20
  38. 264
  39. 220
  40. 375

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