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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 977 · 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.Lakshmi has ₹400 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Lakshmi can buy?
  2. 2.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  3. 3.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  4. 4.Joseph plans to make 30 friendship bands. Each needs ₹8 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  5. 5.Diya’s stall budget is ₹720. Pots cost ₹210, seeds cost ₹50 and ribbon cost ₹260. How many rupees of the budget are left?
  6. 6.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a cash box (d) sugar
  7. 7.Gurpreet has ₹50 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Gurpreet can buy?
  8. 8.Farhan’s stall budget is ₹650. Card paper cost ₹60, lemons cost ₹260 and seeds cost ₹190. How many rupees of the budget are left?
  9. 9.Kavya’s stall budget is ₹580. Sugar cost ₹150, ribbon cost ₹90 and napkins cost ₹110. How many rupees of the budget are left?
  10. 10.Meera’s stall budget is ₹630. A banner cost ₹290, sugar cost ₹50 and lemons cost ₹190. How many rupees of the budget are left?
  11. 11.True or false: “sugar” is a one-time cost. (a) True (b) False
  12. 12.True or false: “card paper” is a one-time cost. (a) True (b) False
  13. 13.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) lemons (d) a price board
  14. 14.Saanvi’s stall budget is ₹720. Paper cups cost ₹200, ribbon cost ₹130 and lemons cost ₹170. How many rupees of the budget are left?
  15. 15.Which of these is a one-time cost? (a) tea leaves and milk (b) a cash box (c) lemons (d) paper cups
  16. 16.Lakshmi’s stall budget is ₹350. A banner cost ₹50, seeds cost ₹110 and paper cups cost ₹120. How many rupees of the budget are left?
  17. 17.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a juicer (d) tea leaves and milk
  18. 18.True or false: “lemons” is a one-time cost. (a) True (b) False
  19. 19.Aarav plans to make 28 jute bags. Each needs ₹8 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  20. 20.Tara’s stall budget is ₹530. Pots cost ₹80, a banner cost ₹100 and ribbon cost ₹80. How many rupees of the budget are left?
  21. 21.Gurpreet has a budget of ₹800. The stock costs ₹220 and the stall fee is ₹580. Is the budget enough? (a) No (b) Yes
  22. 22.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  23. 23.Nisha’s stall budget is ₹620. Napkins cost ₹270, paper cups cost ₹110 and a price board cost ₹170. How many rupees of the budget are left?
  24. 24.🔍 Which is the odd one out? (a) card paper (b) paper cups (c) a price board (d) seeds and soil
  25. 25.Lakshmi plans to make 13 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  26. 26.Lakshmi has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  27. 27.Lakshmi’s stall budget is ₹480. Card paper cost ₹60, ribbon cost ₹150 and a banner cost ₹140. How many rupees of the budget are left?
  28. 28.Riya has ₹410 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Riya can buy?
  29. 29.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) a folding table (d) tea leaves and milk
  30. 30.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  31. 31.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  32. 32.Aarav plans to make 16 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  33. 33.True or false: “a cloth banner” is a running cost. (a) True (b) False
  34. 34.🔍 Which is the odd one out? (a) paper cups (b) ice (c) tea leaves and milk (d) a cash box
  35. 35.Kavya has ₹70 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Kavya can buy?
  36. 36.Joseph has a budget of ₹1000. The stock costs ₹500 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  37. 37.True or false: “a price board” is a one-time cost. (a) True (b) False
  38. 38.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  39. 39.Vihaan plans to make 41 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  40. 40.Diya plans to make 40 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?

Answer key

  1. 20
  2. a one-time cost
  3. False
  4. 490
  5. 200
  6. sugar
  7. 10
  8. 140
  9. 230
  10. 100
  11. False
  12. False
  13. lemons
  14. 220
  15. a cash box
  16. 70
  17. tea leaves and milk
  18. False
  19. 294
  20. 270
  21. Yes
  22. a one-time cost
  23. 70
  24. a price board
  25. 324
  26. No
  27. 130
  28. 20
  29. a folding table
  30. a running cost
  31. a one-time cost
  32. 256
  33. False
  34. a cash box
  35. 11
  36. Yes
  37. True
  38. a running cost
  39. 172
  40. 330

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