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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 167 · 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 has ₹400 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Gurpreet can buy?
  2. 2.Aarav plans to make 26 jute bags. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  3. 3.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) lemons (d) a cooler box
  4. 4.Joseph has a budget of ₹1000. The stock costs ₹50 and the stall fee is ₹960. Is the budget enough? (a) No (b) Yes
  5. 5.True or false: “card paper” is a one-time cost. (a) False (b) True
  6. 6.Rohan has ₹150 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Rohan can buy?
  7. 7.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  8. 8.Which of these is a one-time cost? (a) paper cups (b) a price board (c) tea leaves and milk (d) ice
  9. 9.True or false: “a cloth banner” is a running cost. (a) False (b) True
  10. 10.Which of these is a one-time cost? (a) ice (b) a cloth banner (c) seeds and soil (d) card paper
  11. 11.True or false: “seeds and soil” is a running cost. (a) True (b) False
  12. 12.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  13. 13.Rohan has ₹200 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Rohan can buy?
  14. 14.Nisha plans to make 48 fruit cups. Each needs ₹8 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  15. 15.Vihaan has a budget of ₹800. The stock costs ₹310 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  16. 16.Which of these is a running cost? (a) tea leaves and milk (b) a cash box (c) a juicer (d) a price board
  17. 17.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) a folding table (d) tea leaves and milk
  18. 18.🔍 Which is the odd one out? (a) lemons (b) a price board (c) ice (d) seeds and soil
  19. 19.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) sugar (d) a cash box
  20. 20.True or false: “a juicer” is a one-time cost. (a) True (b) False
  21. 21.Which of these is a running cost? (a) a cooler box (b) a price board (c) a cash box (d) card paper
  22. 22.Meera plans to make 32 potted plants. Each needs ₹8 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  23. 23.Arjun plans to make 22 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  24. 24.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) card paper (d) a juicer
  25. 25.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  26. 26.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) a cash box (d) ice
  27. 27.Ananya plans to make 50 potted plants. Each needs ₹6 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  28. 28.Rohan plans to make 25 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  29. 29.Dev plans to make 39 friendship bands. Each needs ₹9 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  30. 30.Diya’s stall budget is ₹810. Seeds cost ₹110, napkins cost ₹150 and a price board cost ₹290. How many rupees of the budget are left?
  31. 31.Diya’s stall budget is ₹700. A banner cost ₹140, ribbon cost ₹170 and lemons cost ₹110. How many rupees of the budget are left?
  32. 32.Meera has ₹80 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Meera can buy?
  33. 33.Zoya plans to make 40 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  34. 34.Which of these is a running cost? (a) a folding table (b) a price board (c) paper cups (d) a juicer
  35. 35.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  36. 36.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) a cloth banner (d) a cooler box
  37. 37.🔍 Which is the odd one out? (a) ice (b) paper cups (c) tea leaves and milk (d) a cash box
  38. 38.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) a folding table (d) lemons
  39. 39.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) card paper (d) a price board
  40. 40.Riya has ₹350 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Riya can buy?

Answer key

  1. 26
  2. 200
  3. lemons
  4. No
  5. False
  6. 7
  7. True
  8. a price board
  9. False
  10. a cloth banner
  11. True
  12. a one-time cost
  13. 10
  14. 514
  15. No
  16. tea leaves and milk
  17. tea leaves and milk
  18. a price board
  19. sugar
  20. True
  21. card paper
  22. 316
  23. 348
  24. a juicer
  25. False
  26. ice
  27. 390
  28. 300
  29. 591
  30. 260
  31. 280
  32. 4
  33. 280
  34. paper cups
  35. a one-time cost
  36. paper cups
  37. a cash box
  38. lemons
  39. card paper
  40. 43

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