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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 187 · 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.Aarav has a budget of ₹700. The stock costs ₹310 and the stall fee is ₹350. Is the budget enough? (a) No (b) Yes
  2. 2.Ishaan plans to make 31 friendship bands. Each needs ₹3 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  3. 3.Which of these is a one-time cost? (a) card paper (b) paper cups (c) seeds and soil (d) a juicer
  4. 4.Farhan’s stall budget is ₹550. Lemons cost ₹170, ribbon cost ₹220 and a price board cost ₹100. How many rupees of the budget are left?
  5. 5.Ishaan has a budget of ₹400. The stock costs ₹200 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  6. 6.Which of these is a running cost? (a) a cash box (b) a juicer (c) seeds and soil (d) a cooler box
  7. 7.True or false: “paper cups” is a running cost. (a) True (b) False
  8. 8.Diya’s stall budget is ₹660. Napkins cost ₹280, a banner cost ₹100 and paper cups cost ₹260. How many rupees of the budget are left?
  9. 9.Saanvi has a budget of ₹600. The stock costs ₹260 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  10. 10.Diya’s stall budget is ₹630. A banner cost ₹60, seeds cost ₹220 and napkins cost ₹60. How many rupees of the budget are left?
  11. 11.Aarav has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  12. 12.Which of these is a running cost? (a) a cash box (b) a price board (c) paper cups (d) a folding table
  13. 13.Which of these is a running cost? (a) a cooler box (b) tea leaves and milk (c) a cash box (d) a folding table
  14. 14.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a cooler box (d) ice
  15. 15.Ishaan has a budget of ₹500. The stock costs ₹160 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  16. 16.Meera’s stall budget is ₹360. Card paper cost ₹90, paper cups cost ₹60 and a price board cost ₹30. How many rupees of the budget are left?
  17. 17.Which of these is a one-time cost? (a) ice (b) card paper (c) a cooler box (d) paper cups
  18. 18.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  19. 19.🔍 Which is the odd one out? (a) a folding table (b) card paper (c) tea leaves and milk (d) sugar
  20. 20.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  21. 21.Riya has ₹370 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Riya can buy?
  22. 22.🔍 Which is the odd one out? (a) a folding table (b) sugar (c) a price board (d) a cooler box
  23. 23.Kavya has a budget of ₹1000. The stock costs ₹230 and the stall fee is ₹820. Is the budget enough? (a) No (b) Yes
  24. 24.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  25. 25.Zoya’s stall budget is ₹520. Ribbon cost ₹120, a price board cost ₹100 and card paper cost ₹190. How many rupees of the budget are left?
  26. 26.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) a price board (d) a juicer
  27. 27.Dev’s stall budget is ₹770. A price board cost ₹20, napkins cost ₹290 and a banner cost ₹210. How many rupees of the budget are left?
  28. 28.True or false: “a price board” is a running cost. (a) True (b) False
  29. 29.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  30. 30.True or false: “sugar” is a one-time cost. (a) True (b) False
  31. 31.Ananya’s stall budget is ₹850. Napkins cost ₹130, card paper cost ₹300 and lemons cost ₹160. How many rupees of the budget are left?
  32. 32.Gurpreet plans to make 48 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  33. 33.Arjun has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  34. 34.Dev plans to make 32 fruit cups. Each needs ₹9 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  35. 35.True or false: “paper cups” is a one-time cost. (a) False (b) True
  36. 36.True or false: “card paper” is a running cost. (a) False (b) True
  37. 37.Kabir has ₹350 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Kabir can buy?
  38. 38.Aarav has ₹380 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Aarav can buy?
  39. 39.Which of these is a running cost? (a) a cloth banner (b) a price board (c) lemons (d) a juicer
  40. 40.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost

Answer key

  1. Yes
  2. 313
  3. a juicer
  4. 60
  5. No
  6. seeds and soil
  7. True
  8. 20
  9. Yes
  10. 290
  11. No
  12. paper cups
  13. tea leaves and milk
  14. ice
  15. Yes
  16. 180
  17. a cooler box
  18. a running cost
  19. a folding table
  20. a one-time cost
  21. 46
  22. sugar
  23. No
  24. a one-time cost
  25. 110
  26. paper cups
  27. 250
  28. False
  29. a running cost
  30. False
  31. 260
  32. 374
  33. No
  34. 478
  35. False
  36. True
  37. 17
  38. 38
  39. lemons
  40. a one-time cost

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