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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 177 · 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.Vihaan’s stall budget is ₹410. Sugar cost ₹60, pots cost ₹100 and napkins cost ₹30. How many rupees of the budget are left?
  2. 2.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  3. 3.Which of these is a running cost? (a) paper cups (b) a juicer (c) a cooler box (d) a folding table
  4. 4.True or false: “sugar” is a running cost. (a) True (b) False
  5. 5.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  6. 6.Meera’s stall budget is ₹610. Napkins cost ₹240, sugar cost ₹260 and pots cost ₹50. How many rupees of the budget are left?
  7. 7.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  8. 8.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  9. 9.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  10. 10.Which of these is a running cost? (a) a price board (b) a cooler box (c) a folding table (d) lemons
  11. 11.Riya’s stall budget is ₹540. Card paper cost ₹20, napkins cost ₹120 and paper cups cost ₹110. How many rupees of the budget are left?
  12. 12.Rohan plans to make 14 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  13. 13.Which of these is a one-time cost? (a) a cooler box (b) seeds and soil (c) tea leaves and milk (d) lemons
  14. 14.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  15. 15.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  16. 16.Kavya has a budget of ₹800. The stock costs ₹380 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  17. 17.Arjun plans to make 46 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  18. 18.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) a juicer (d) card paper
  19. 19.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) ice (d) a folding table
  20. 20.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  21. 21.True or false: “a cooler box” is a running cost. (a) False (b) True
  22. 22.Which of these is a one-time cost? (a) lemons (b) ice (c) a folding table (d) paper cups
  23. 23.Which of these is a running cost? (a) a cash box (b) a juicer (c) sugar (d) a cooler box
  24. 24.Kabir plans to make 46 potted plants. Each needs ₹9 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  25. 25.Saanvi’s stall budget is ₹710. A price board cost ₹270, pots cost ₹210 and seeds cost ₹40. How many rupees of the budget are left?
  26. 26.Zoya’s stall budget is ₹770. A price board cost ₹290, a banner cost ₹40 and seeds cost ₹280. How many rupees of the budget are left?
  27. 27.True or false: “seeds and soil” is a running cost. (a) True (b) False
  28. 28.Diya plans to make 10 friendship bands. Each needs ₹9 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  29. 29.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  30. 30.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  31. 31.Diya has ₹250 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Diya can buy?
  32. 32.True or false: “ice” is a running cost. (a) False (b) True
  33. 33.Gurpreet has ₹150 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Gurpreet can buy?
  34. 34.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a price board (d) seeds and soil
  35. 35.Which of these is a running cost? (a) a cooler box (b) tea leaves and milk (c) a price board (d) a folding table
  36. 36.Saanvi has ₹410 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Saanvi can buy?
  37. 37.Aarav’s stall budget is ₹540. A banner cost ₹270, lemons cost ₹60 and a price board cost ₹120. How many rupees of the budget are left?
  38. 38.Riya has ₹370 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Riya can buy?
  39. 39.True or false: “card paper” is a one-time cost. (a) True (b) False
  40. 40.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost

Answer key

  1. 220
  2. a one-time cost
  3. paper cups
  4. True
  5. a one-time cost
  6. 60
  7. a one-time cost
  8. a running cost
  9. True
  10. lemons
  11. 290
  12. 178
  13. a cooler box
  14. a one-time cost
  15. True
  16. Yes
  17. 232
  18. a juicer
  19. ice
  20. a running cost
  21. False
  22. a folding table
  23. sugar
  24. 474
  25. 190
  26. 160
  27. True
  28. 350
  29. a running cost
  30. a running cost
  31. 41
  32. True
  33. 7
  34. seeds and soil
  35. tea leaves and milk
  36. 82
  37. 90
  38. 37
  39. False
  40. a running cost

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