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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 996 · 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’s stall budget is ₹560. Lemons cost ₹20, sugar cost ₹180 and ribbon cost ₹270. How many rupees of the budget are left?
  2. 2.True or false: “a cash box” is a running cost. (a) True (b) False
  3. 3.Which of these is a one-time cost? (a) sugar (b) paper cups (c) ice (d) a folding table
  4. 4.Saanvi plans to make 46 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  5. 5.True or false: “a juicer” is a one-time cost. (a) False (b) True
  6. 6.Joseph plans to make 34 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  7. 7.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  8. 8.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) sugar (d) a cooler box
  9. 9.Which of these is a running cost? (a) a price board (b) a folding table (c) a juicer (d) card paper
  10. 10.Which of these is a running cost? (a) a price board (b) a folding table (c) sugar (d) a cash box
  11. 11.Ananya has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  12. 12.True or false: “a folding table” is a running cost. (a) False (b) True
  13. 13.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  14. 14.Meera has ₹170 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Meera can buy?
  15. 15.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  16. 16.Farhan plans to make 39 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  17. 17.Joseph has a budget of ₹1000. The stock costs ₹200 and the stall fee is ₹800. Is the budget enough? (a) Yes (b) No
  18. 18.Kavya plans to make 40 jute bags. Each needs ₹9 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  19. 19.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) tea leaves and milk (d) sugar
  20. 20.Tara has a budget of ₹900. The stock costs ₹420 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  21. 21.🔍 Which is the odd one out? (a) ice (b) paper cups (c) lemons (d) a juicer
  22. 22.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  23. 23.Ishaan plans to make 10 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  24. 24.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) a juicer (d) a cloth banner
  25. 25.Which of these is a running cost? (a) a cooler box (b) a folding table (c) a cash box (d) lemons
  26. 26.Rohan’s stall budget is ₹640. Lemons cost ₹110, sugar cost ₹200 and napkins cost ₹270. How many rupees of the budget are left?
  27. 27.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) a cooler box (d) ice
  28. 28.Kavya’s stall budget is ₹860. A price board cost ₹170, seeds cost ₹260 and card paper cost ₹250. How many rupees of the budget are left?
  29. 29.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  30. 30.Dev plans to make 46 fruit cups. Each needs ₹8 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  31. 31.True or false: “paper cups” is a running cost. (a) True (b) False
  32. 32.Zoya plans to make 32 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  33. 33.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  34. 34.Diya has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹340. Is the budget enough? (a) Yes (b) No
  35. 35.True or false: “lemons” is a running cost. (a) False (b) True
  36. 36.Zoya has ₹140 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Zoya can buy?
  37. 37.Tara plans to make 25 fruit cups. Each needs ₹8 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  38. 38.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) ice (d) a juicer
  39. 39.Farhan has ₹350 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Farhan can buy?
  40. 40.Nisha’s stall budget is ₹560. Lemons cost ₹90, paper cups cost ₹190 and pots cost ₹90. How many rupees of the budget are left?

Answer key

  1. 90
  2. False
  3. a folding table
  4. 546
  5. True
  6. 470
  7. a running cost
  8. sugar
  9. card paper
  10. sugar
  11. No
  12. False
  13. a running cost
  14. 42
  15. a one-time cost
  16. 542
  17. Yes
  18. 470
  19. a cloth banner
  20. Yes
  21. a juicer
  22. a one-time cost
  23. 320
  24. seeds and soil
  25. lemons
  26. 60
  27. a cooler box
  28. 180
  29. a one-time cost
  30. 468
  31. True
  32. 306
  33. a one-time cost
  34. No
  35. True
  36. 35
  37. 300
  38. a juicer
  39. 35
  40. 190

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