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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 137 · 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.Gurpreet plans to make 26 bags of popcorn. Each needs ₹9 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  2. 2.True or false: “a juicer” is a running cost. (a) True (b) False
  3. 3.Joseph has ₹390 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Joseph can buy?
  4. 4.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) card paper (d) a cooler box
  5. 5.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  6. 6.Farhan has ₹250 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Farhan can buy?
  7. 7.Nisha has a budget of ₹900. The stock costs ₹380 and the stall fee is ₹530. Is the budget enough? (a) No (b) Yes
  8. 8.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  9. 9.True or false: “seeds and soil” is a running cost. (a) False (b) True
  10. 10.🔍 Which is the odd one out? (a) card paper (b) sugar (c) ice (d) a folding table
  11. 11.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  12. 12.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  13. 13.Meera has ₹360 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Meera can buy?
  14. 14.Diya’s stall budget is ₹410. Pots cost ₹110, sugar cost ₹20 and paper cups cost ₹270. How many rupees of the budget are left?
  15. 15.Kabir has ₹500 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Kabir can buy?
  16. 16.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) paper cups (d) a folding table
  17. 17.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  18. 18.🔍 Which is the odd one out? (a) seeds and soil (b) a cash box (c) a cooler box (d) a cloth banner
  19. 19.Which of these is a one-time cost? (a) sugar (b) paper cups (c) lemons (d) a cloth banner
  20. 20.Dev plans to make 42 friendship bands. Each needs ₹6 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  21. 21.🔍 Which is the odd one out? (a) ice (b) a cash box (c) lemons (d) paper cups
  22. 22.Arjun has a budget of ₹600. The stock costs ₹240 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  23. 23.Ishaan has a budget of ₹600. The stock costs ₹220 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  24. 24.True or false: “a price board” is a running cost. (a) False (b) True
  25. 25.True or false: “a cooler box” is a running cost. (a) False (b) True
  26. 26.Farhan plans to make 29 friendship bands. Each needs ₹7 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  27. 27.Zoya’s stall budget is ₹590. Paper cups cost ₹220, lemons cost ₹20 and a price board cost ₹130. How many rupees of the budget are left?
  28. 28.Farhan’s stall budget is ₹580. Seeds cost ₹50, pots cost ₹190 and sugar cost ₹220. How many rupees of the budget are left?
  29. 29.Kabir plans to make 50 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  30. 30.Meera’s stall budget is ₹380. A banner cost ₹150, ribbon cost ₹20 and pots cost ₹20. How many rupees of the budget are left?
  31. 31.Kabir has ₹160 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Kabir can buy?
  32. 32.Which of these is a running cost? (a) paper cups (b) a folding table (c) a cash box (d) a cooler box
  33. 33.Vihaan has ₹240 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Vihaan can buy?
  34. 34.Meera’s stall budget is ₹770. Pots cost ₹170, paper cups cost ₹300 and lemons cost ₹220. How many rupees of the budget are left?
  35. 35.Kavya has a budget of ₹600. The stock costs ₹140 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  36. 36.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  37. 37.Nisha has ₹190 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Nisha can buy?
  38. 38.Vihaan’s stall budget is ₹630. Pots cost ₹100, sugar cost ₹20 and napkins cost ₹260. How many rupees of the budget are left?
  39. 39.🔍 Which is the odd one out? (a) ice (b) a cooler box (c) tea leaves and milk (d) paper cups
  40. 40.True or false: “a folding table” is a running cost. (a) False (b) True

Answer key

  1. 324
  2. False
  3. 32
  4. card paper
  5. False
  6. 62
  7. No
  8. a running cost
  9. True
  10. a folding table
  11. a one-time cost
  12. a one-time cost
  13. 18
  14. 10
  15. 50
  16. paper cups
  17. a running cost
  18. seeds and soil
  19. a cloth banner
  20. 492
  21. a cash box
  22. No
  23. Yes
  24. False
  25. False
  26. 393
  27. 220
  28. 120
  29. 320
  30. 190
  31. 10
  32. paper cups
  33. 24
  34. 80
  35. Yes
  36. a running cost
  37. 38
  38. 250
  39. a cooler box
  40. False

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