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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 20 · 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.Meera plans to make 21 friendship bands. Each needs ₹4 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  2. 2.Which of these is a one-time cost? (a) lemons (b) sugar (c) a price board (d) card paper
  3. 3.True or false: “paper cups” is a running cost. (a) True (b) False
  4. 4.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) seeds and soil (d) a cash box
  5. 5.True or false: “a folding table” is a running cost. (a) False (b) True
  6. 6.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  7. 7.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  8. 8.True or false: “a folding table” is a one-time cost. (a) False (b) True
  9. 9.Rohan has ₹90 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Rohan can buy?
  10. 10.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  11. 11.Riya plans to make 15 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  12. 12.Aarav has ₹60 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Aarav can buy?
  13. 13.True or false: “a price board” is a one-time cost. (a) False (b) True
  14. 14.Ananya plans to make 45 painted pebbles. Each needs ₹9 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  15. 15.True or false: “a juicer” is a running cost. (a) False (b) True
  16. 16.Gurpreet plans to make 36 fruit cups. Each needs ₹4 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  17. 17.🔍 Which is the odd one out? (a) a juicer (b) lemons (c) a cash box (d) a folding table
  18. 18.Nisha has ₹130 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Nisha can buy?
  19. 19.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) ice (d) a cash box
  20. 20.Which of these is a one-time cost? (a) a cooler box (b) lemons (c) ice (d) sugar
  21. 21.True or false: “card paper” is a running cost. (a) False (b) True
  22. 22.True or false: “a juicer” is a one-time cost. (a) False (b) True
  23. 23.Joseph’s stall budget is ₹610. A banner cost ₹150, pots cost ₹180 and paper cups cost ₹70. How many rupees of the budget are left?
  24. 24.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) a cash box (d) a juicer
  25. 25.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) sugar (d) lemons
  26. 26.True or false: “a cloth banner” is a running cost. (a) True (b) False
  27. 27.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  28. 28.True or false: “lemons” is a running cost. (a) False (b) True
  29. 29.Which of these is a one-time cost? (a) lemons (b) a folding table (c) sugar (d) seeds and soil
  30. 30.Dev has ₹200 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Dev can buy?
  31. 31.Ananya has ₹170 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Ananya can buy?
  32. 32.Which of these is a running cost? (a) a juicer (b) lemons (c) a cloth banner (d) a price board
  33. 33.Meera’s stall budget is ₹520. Card paper cost ₹110, paper cups cost ₹50 and pots cost ₹100. How many rupees of the budget are left?
  34. 34.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) sugar (d) card paper
  35. 35.Diya has a budget of ₹800. The stock costs ₹70 and the stall fee is ₹700. Is the budget enough? (a) Yes (b) No
  36. 36.Kavya plans to make 30 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  37. 37.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  38. 38.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  39. 39.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) a cash box (d) tea leaves and milk
  40. 40.🔍 Which is the odd one out? (a) a price board (b) sugar (c) a cloth banner (d) a juicer

Answer key

  1. 244
  2. a price board
  3. True
  4. seeds and soil
  5. False
  6. a running cost
  7. a running cost
  8. True
  9. 22
  10. a running cost
  11. 320
  12. 6
  13. True
  14. 475
  15. False
  16. 424
  17. lemons
  18. 26
  19. ice
  20. a cooler box
  21. True
  22. True
  23. 210
  24. paper cups
  25. a cloth banner
  26. False
  27. a running cost
  28. True
  29. a folding table
  30. 33
  31. 42
  32. lemons
  33. 260
  34. a folding table
  35. Yes
  36. 410
  37. a running cost
  38. True
  39. tea leaves and milk
  40. sugar

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