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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 964 · 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.Riya plans to make 33 friendship bands. Each needs ₹8 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  2. 2.Meera has a budget of ₹900. The stock costs ₹70 and the stall fee is ₹810. Is the budget enough? (a) Yes (b) No
  3. 3.Arjun plans to make 45 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  4. 4.True or false: “a price board” is a running cost. (a) True (b) False
  5. 5.Which of these is a running cost? (a) ice (b) a folding table (c) a price board (d) a cooler box
  6. 6.Tara’s stall budget is ₹630. Seeds cost ₹280, paper cups cost ₹100 and napkins cost ₹70. How many rupees of the budget are left?
  7. 7.Nisha has ₹280 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Nisha can buy?
  8. 8.🔍 Which is the odd one out? (a) tea leaves and milk (b) sugar (c) a folding table (d) seeds and soil
  9. 9.True or false: “paper cups” is a one-time cost. (a) True (b) False
  10. 10.Joseph’s stall budget is ₹520. Lemons cost ₹70, ribbon cost ₹130 and napkins cost ₹250. How many rupees of the budget are left?
  11. 11.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  12. 12.Zoya’s stall budget is ₹620. Pots cost ₹160, card paper cost ₹260 and napkins cost ₹150. How many rupees of the budget are left?
  13. 13.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  14. 14.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  15. 15.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  16. 16.🔍 Which is the odd one out? (a) seeds and soil (b) a juicer (c) ice (d) lemons
  17. 17.Kabir has ₹260 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Kabir can buy?
  18. 18.Aarav plans to make 41 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  19. 19.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  20. 20.Diya has ₹490 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Diya can buy?
  21. 21.True or false: “ice” is a one-time cost. (a) False (b) True
  22. 22.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  23. 23.🔍 Which is the odd one out? (a) ice (b) a cooler box (c) a juicer (d) a folding table
  24. 24.Kabir’s stall budget is ₹660. Ribbon cost ₹140, napkins cost ₹170 and a banner cost ₹150. How many rupees of the budget are left?
  25. 25.Which of these is a running cost? (a) a cloth banner (b) paper cups (c) a price board (d) a cash box
  26. 26.Which of these is a running cost? (a) a cash box (b) card paper (c) a cooler box (d) a cloth banner
  27. 27.Aarav has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  28. 28.True or false: “seeds and soil” is a running cost. (a) False (b) True
  29. 29.Aarav has ₹310 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Aarav can buy?
  30. 30.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  31. 31.Rohan has a budget of ₹500. The stock costs ₹170 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  32. 32.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) card paper (d) a cooler box
  33. 33.True or false: “sugar” is a running cost. (a) False (b) True
  34. 34.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a cash box (d) ice
  35. 35.Which of these is a running cost? (a) seeds and soil (b) a folding table (c) a juicer (d) a price board
  36. 36.Meera’s stall budget is ₹520. Lemons cost ₹170, napkins cost ₹200 and a banner cost ₹90. How many rupees of the budget are left?
  37. 37.Aarav’s stall budget is ₹650. Paper cups cost ₹50, lemons cost ₹130 and napkins cost ₹240. How many rupees of the budget are left?
  38. 38.True or false: “a folding table” is a running cost. (a) True (b) False
  39. 39.True or false: “sugar” is a one-time cost. (a) True (b) False
  40. 40.Meera has a budget of ₹800. The stock costs ₹280 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No

Answer key

  1. 464
  2. Yes
  3. 435
  4. False
  5. ice
  6. 180
  7. 35
  8. a folding table
  9. False
  10. 70
  11. a one-time cost
  12. 50
  13. a running cost
  14. a running cost
  15. a running cost
  16. a juicer
  17. 65
  18. 325
  19. a one-time cost
  20. 122
  21. False
  22. a running cost
  23. ice
  24. 200
  25. paper cups
  26. card paper
  27. No
  28. True
  29. 38
  30. a running cost
  31. Yes
  32. card paper
  33. True
  34. a cash box
  35. seeds and soil
  36. 60
  37. 230
  38. False
  39. False
  40. No

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