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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 145 · 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.Rohan has a budget of ₹1000. The stock costs ₹70 and the stall fee is ₹880. Is the budget enough? (a) Yes (b) No
  2. 2.Dev’s stall budget is ₹760. Napkins cost ₹150, paper cups cost ₹280 and lemons cost ₹50. How many rupees of the budget are left?
  3. 3.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  4. 4.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  5. 5.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) tea leaves and milk (d) a cooler box
  6. 6.Nisha has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  7. 7.Rohan’s stall budget is ₹860. Napkins cost ₹290, card paper cost ₹190 and sugar cost ₹160. How many rupees of the budget are left?
  8. 8.Arjun’s stall budget is ₹570. Napkins cost ₹50, seeds cost ₹80 and a banner cost ₹210. How many rupees of the budget are left?
  9. 9.Which of these is a running cost? (a) a cash box (b) a price board (c) paper cups (d) a cooler box
  10. 10.True or false: “lemons” is a one-time cost. (a) True (b) False
  11. 11.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  12. 12.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  13. 13.Ishaan plans to make 38 cupcakes. Each needs ₹3 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  14. 14.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  15. 15.Tara’s stall budget is ₹700. A price board cost ₹280, lemons cost ₹290 and sugar cost ₹100. How many rupees of the budget are left?
  16. 16.Kabir’s stall budget is ₹450. Paper cups cost ₹120, a banner cost ₹50 and pots cost ₹180. How many rupees of the budget are left?
  17. 17.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  18. 18.Lakshmi has ₹370 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Lakshmi can buy?
  19. 19.Aarav’s stall budget is ₹620. A price board cost ₹170, lemons cost ₹270 and seeds cost ₹80. How many rupees of the budget are left?
  20. 20.Ananya plans to make 12 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  21. 21.Riya has ₹340 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Riya can buy?
  22. 22.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  23. 23.Dev has ₹90 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Dev can buy?
  24. 24.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) tea leaves and milk (d) a cloth banner
  25. 25.Diya has ₹480 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Diya can buy?
  26. 26.Rohan has ₹110 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Rohan can buy?
  27. 27.Riya’s stall budget is ₹380. Napkins cost ₹170, sugar cost ₹40 and paper cups cost ₹30. How many rupees of the budget are left?
  28. 28.🔍 Which is the odd one out? (a) sugar (b) lemons (c) card paper (d) a juicer
  29. 29.Farhan’s stall budget is ₹460. Ribbon cost ₹120, sugar cost ₹30 and lemons cost ₹70. How many rupees of the budget are left?
  30. 30.Vihaan has ₹480 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Vihaan can buy?
  31. 31.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) ice (d) a folding table
  32. 32.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  33. 33.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) paper cups (d) a cloth banner
  34. 34.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  35. 35.Arjun’s stall budget is ₹630. Card paper cost ₹250, lemons cost ₹230 and ribbon cost ₹70. How many rupees of the budget are left?
  36. 36.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  37. 37.Ananya plans to make 20 jute bags. Each needs ₹3 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  38. 38.Dev plans to make 18 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  39. 39.True or false: “a juicer” is a running cost. (a) True (b) False
  40. 40.Diya plans to make 15 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?

Answer key

  1. Yes
  2. 280
  3. a running cost
  4. a running cost
  5. tea leaves and milk
  6. Yes
  7. 220
  8. 230
  9. paper cups
  10. False
  11. a running cost
  12. a running cost
  13. 334
  14. a running cost
  15. 30
  16. 100
  17. a one-time cost
  18. 30
  19. 100
  20. 154
  21. 68
  22. True
  23. 4
  24. a cloth banner
  25. 32
  26. 27
  27. 140
  28. a juicer
  29. 240
  30. 60
  31. ice
  32. a one-time cost
  33. paper cups
  34. a running cost
  35. 80
  36. a one-time cost
  37. 150
  38. 142
  39. False
  40. 300

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