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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 121 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Lakshmi has a budget of ₹800. The stock costs ₹90 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes
  2. 2.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  3. 3.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  4. 4.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) paper cups (d) ice
  5. 5.Kavya has ₹130 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Kavya can buy?
  6. 6.Arjun plans to make 47 fruit cups. Each needs ₹5 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  7. 7.Which of these is a one-time cost? (a) lemons (b) a cash box (c) sugar (d) paper cups
  8. 8.True or false: “a juicer” is a running cost. (a) True (b) False
  9. 9.True or false: “a folding table” is a one-time cost. (a) False (b) True
  10. 10.Kavya’s stall budget is ₹660. Sugar cost ₹30, paper cups cost ₹100 and lemons cost ₹230. How many rupees of the budget are left?
  11. 11.Kabir has ₹420 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Kabir can buy?
  12. 12.Which of these is a one-time cost? (a) seeds and soil (b) a folding table (c) card paper (d) tea leaves and milk
  13. 13.Which of these is a one-time cost? (a) tea leaves and milk (b) a cloth banner (c) lemons (d) seeds and soil
  14. 14.Kavya has a budget of ₹600. The stock costs ₹150 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
  15. 15.True or false: “lemons” is a running cost. (a) False (b) True
  16. 16.True or false: “paper cups” is a one-time cost. (a) False (b) True
  17. 17.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  18. 18.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) sugar (d) seeds and soil
  19. 19.Which of these is a running cost? (a) paper cups (b) a cloth banner (c) a folding table (d) a price board
  20. 20.True or false: “sugar” is a running cost. (a) True (b) False
  21. 21.Which of these is a running cost? (a) a cloth banner (b) a price board (c) sugar (d) a folding table
  22. 22.Rohan’s stall budget is ₹500. Card paper cost ₹270, seeds cost ₹30 and napkins cost ₹110. How many rupees of the budget are left?
  23. 23.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  24. 24.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  25. 25.True or false: “a folding table” is a running cost. (a) False (b) True
  26. 26.Which of these is a running cost? (a) tea leaves and milk (b) a juicer (c) a cooler box (d) a cloth banner
  27. 27.Tara plans to make 40 jute bags. Each needs ₹9 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  28. 28.Dev has ₹480 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Dev can buy?
  29. 29.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) lemons (d) a juicer
  30. 30.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  31. 31.Which of these is a running cost? (a) a price board (b) a cloth banner (c) a cooler box (d) card paper
  32. 32.🔍 Which is the odd one out? (a) ice (b) a price board (c) card paper (d) tea leaves and milk
  33. 33.True or false: “card paper” is a one-time cost. (a) False (b) True
  34. 34.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  35. 35.Tara has ₹110 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Tara can buy?
  36. 36.Which of these is a one-time cost? (a) seeds and soil (b) a price board (c) card paper (d) lemons
  37. 37.Gurpreet’s stall budget is ₹460. Pots cost ₹280, a banner cost ₹20 and lemons cost ₹140. How many rupees of the budget are left?
  38. 38.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  39. 39.🔍 Which is the odd one out? (a) a juicer (b) paper cups (c) a folding table (d) a cash box
  40. 40.True or false: “a price board” is a running cost. (a) True (b) False

Answer key

  1. No
  2. a one-time cost
  3. a running cost
  4. a cooler box
  5. 13
  6. 485
  7. a cash box
  8. False
  9. True
  10. 300
  11. 105
  12. a folding table
  13. a cloth banner
  14. Yes
  15. True
  16. False
  17. a running cost
  18. a juicer
  19. paper cups
  20. True
  21. sugar
  22. 90
  23. a one-time cost
  24. a running cost
  25. False
  26. tea leaves and milk
  27. 580
  28. 32
  29. lemons
  30. a one-time cost
  31. card paper
  32. a price board
  33. False
  34. a one-time cost
  35. 9
  36. a price board
  37. 20
  38. a running cost
  39. paper cups
  40. False

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