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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 13 · 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.Ananya’s stall budget is ₹610. Ribbon cost ₹70, paper cups cost ₹300 and a banner cost ₹100. How many rupees of the budget are left?
  2. 2.True or false: “a cooler box” is a running cost. (a) True (b) False
  3. 3.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  4. 4.🔍 Which is the odd one out? (a) paper cups (b) a price board (c) a cooler box (d) a folding table
  5. 5.Kabir plans to make 20 jute bags. Each needs ₹2 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  6. 6.Which of these is a running cost? (a) lemons (b) a price board (c) a cooler box (d) a cash box
  7. 7.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  8. 8.Ananya plans to make 10 jute bags. Each needs ₹2 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  9. 9.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  10. 10.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  11. 11.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) a cloth banner (d) seeds and soil
  12. 12.Joseph’s stall budget is ₹1120. Ribbon cost ₹300, card paper cost ₹300 and a price board cost ₹290. How many rupees of the budget are left?
  13. 13.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  14. 14.Joseph plans to make 14 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  15. 15.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) a juicer (d) sugar
  16. 16.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) lemons (d) a cloth banner
  17. 17.Riya has ₹290 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Riya can buy?
  18. 18.Ishaan’s stall budget is ₹770. A price board cost ₹140, pots cost ₹290 and lemons cost ₹210. How many rupees of the budget are left?
  19. 19.Rohan’s stall budget is ₹630. Ribbon cost ₹230, lemons cost ₹300 and a price board cost ₹30. How many rupees of the budget are left?
  20. 20.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  21. 21.True or false: “ice” is a one-time cost. (a) True (b) False
  22. 22.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  23. 23.Tara has ₹70 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Tara can buy?
  24. 24.Lakshmi’s stall budget is ₹370. Pots cost ₹230, a price board cost ₹70 and seeds cost ₹40. How many rupees of the budget are left?
  25. 25.Gurpreet plans to make 30 handmade cards. Each needs ₹4 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  26. 26.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) a juicer (d) tea leaves and milk
  27. 27.Nisha plans to make 15 potted plants. Each needs ₹6 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  28. 28.Dev has ₹450 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Dev can buy?
  29. 29.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  30. 30.True or false: “a folding table” is a running cost. (a) False (b) True
  31. 31.Lakshmi’s stall budget is ₹540. Napkins cost ₹220, a price board cost ₹140 and seeds cost ₹150. How many rupees of the budget are left?
  32. 32.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  33. 33.Kabir has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  34. 34.Ananya plans to make 10 clay diyas. Each needs ₹8 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  35. 35.🔍 Which is the odd one out? (a) card paper (b) a juicer (c) a cloth banner (d) a cash box
  36. 36.Which of these is a running cost? (a) ice (b) a cooler box (c) a folding table (d) a cloth banner
  37. 37.Meera’s stall budget is ₹710. Napkins cost ₹90, lemons cost ₹110 and sugar cost ₹290. How many rupees of the budget are left?
  38. 38.Joseph plans to make 34 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  39. 39.Ananya’s stall budget is ₹700. Lemons cost ₹200, pots cost ₹130 and ribbon cost ₹90. How many rupees of the budget are left?
  40. 40.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost

Answer key

  1. 140
  2. False
  3. a one-time cost
  4. paper cups
  5. 140
  6. lemons
  7. a one-time cost
  8. 300
  9. a one-time cost
  10. a running cost
  11. a cloth banner
  12. 230
  13. True
  14. 102
  15. sugar
  16. a cloth banner
  17. 48
  18. 130
  19. 70
  20. a running cost
  21. False
  22. a running cost
  23. 8
  24. 30
  25. 410
  26. tea leaves and milk
  27. 360
  28. 37
  29. a running cost
  30. False
  31. 30
  32. a running cost
  33. Yes
  34. 230
  35. card paper
  36. ice
  37. 220
  38. 196
  39. 280
  40. a running cost

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