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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 174 · 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 18 handmade cards. Each needs ₹2 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  2. 2.True or false: “a price board” is a one-time cost. (a) True (b) False
  3. 3.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  4. 4.Arjun plans to make 49 fruit cups. Each needs ₹2 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  5. 5.Kavya has ₹90 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Kavya can buy?
  6. 6.Which of these is a one-time cost? (a) a folding table (b) tea leaves and milk (c) sugar (d) lemons
  7. 7.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  8. 8.Gurpreet has ₹190 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Gurpreet can buy?
  9. 9.Rohan has ₹200 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Rohan can buy?
  10. 10.Which of these is a running cost? (a) a juicer (b) a price board (c) a cloth banner (d) paper cups
  11. 11.Joseph has a budget of ₹600. The stock costs ₹220 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
  12. 12.Meera has a budget of ₹600. The stock costs ₹90 and the stall fee is ₹460. Is the budget enough? (a) No (b) Yes
  13. 13.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  14. 14.Dev has a budget of ₹800. The stock costs ₹60 and the stall fee is ₹750. Is the budget enough? (a) No (b) Yes
  15. 15.True or false: “a price board” is a running cost. (a) False (b) True
  16. 16.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  17. 17.Ishaan plans to make 25 handmade cards. Each needs ₹5 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  18. 18.True or false: “seeds and soil” is a running cost. (a) True (b) False
  19. 19.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a folding table (d) card paper
  20. 20.Which of these is a one-time cost? (a) a juicer (b) seeds and soil (c) paper cups (d) lemons
  21. 21.Nisha has ₹350 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Nisha can buy?
  22. 22.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) lemons (d) a cooler box
  23. 23.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  24. 24.True or false: “a cloth banner” is a running cost. (a) False (b) True
  25. 25.Aarav plans to make 43 cupcakes. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  26. 26.Diya has ₹200 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Diya can buy?
  27. 27.Gurpreet has ₹120 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Gurpreet can buy?
  28. 28.Which of these is a one-time cost? (a) sugar (b) lemons (c) a cooler box (d) paper cups
  29. 29.Zoya’s stall budget is ₹730. Paper cups cost ₹300, napkins cost ₹130 and a price board cost ₹60. How many rupees of the budget are left?
  30. 30.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) a cooler box (d) lemons
  31. 31.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a price board (d) seeds and soil
  32. 32.Meera has ₹290 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Meera can buy?
  33. 33.Joseph has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹360. Is the budget enough? (a) Yes (b) No
  34. 34.Nisha has ₹390 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Nisha can buy?
  35. 35.Which of these is a running cost? (a) a price board (b) a cooler box (c) a cash box (d) card paper
  36. 36.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  37. 37.True or false: “lemons” is a one-time cost. (a) False (b) True
  38. 38.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  39. 39.Tara’s stall budget is ₹500. Sugar cost ₹160, a banner cost ₹40 and pots cost ₹290. How many rupees of the budget are left?
  40. 40.Diya has ₹80 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Diya can buy?

Answer key

  1. 86
  2. True
  3. a one-time cost
  4. 188
  5. 15
  6. a folding table
  7. a running cost
  8. 23
  9. 40
  10. paper cups
  11. No
  12. Yes
  13. a running cost
  14. No
  15. False
  16. True
  17. 305
  18. True
  19. card paper
  20. a juicer
  21. 58
  22. lemons
  23. a one-time cost
  24. False
  25. 146
  26. 16
  27. 30
  28. a cooler box
  29. 240
  30. lemons
  31. a price board
  32. 19
  33. Yes
  34. 78
  35. card paper
  36. a running cost
  37. False
  38. a one-time cost
  39. 10
  40. 10

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