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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 208 · 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 has ₹410 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Meera can buy?
  2. 2.Joseph has ₹170 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Joseph can buy?
  3. 3.True or false: “ice” is a one-time cost. (a) True (b) False
  4. 4.Lakshmi has ₹260 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Lakshmi can buy?
  5. 5.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  6. 6.Vihaan’s stall budget is ₹270. Lemons cost ₹80, a price board cost ₹140 and card paper cost ₹20. How many rupees of the budget are left?
  7. 7.Lakshmi plans to make 10 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  8. 8.Dev has ₹470 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Dev can buy?
  9. 9.Meera has ₹280 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Meera can buy?
  10. 10.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) a price board (d) sugar
  11. 11.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  12. 12.Which of these is a running cost? (a) seeds and soil (b) a juicer (c) a cloth banner (d) a folding table
  13. 13.Kabir has ₹140 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Kabir can buy?
  14. 14.True or false: “a price board” is a one-time cost. (a) True (b) False
  15. 15.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) paper cups (d) a cloth banner
  16. 16.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a cash box (d) lemons
  17. 17.Meera plans to make 48 cupcakes. Each needs ₹6 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  18. 18.Ananya’s stall budget is ₹600. Lemons cost ₹110, seeds cost ₹130 and a banner cost ₹60. How many rupees of the budget are left?
  19. 19.Zoya has ₹390 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Zoya can buy?
  20. 20.Kabir plans to make 11 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  21. 21.🔍 Which is the odd one out? (a) sugar (b) a price board (c) seeds and soil (d) ice
  22. 22.True or false: “a juicer” is a one-time cost. (a) False (b) True
  23. 23.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  24. 24.Which of these is a running cost? (a) a price board (b) a juicer (c) ice (d) a cooler box
  25. 25.Gurpreet has a budget of ₹500. The stock costs ₹200 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  26. 26.True or false: “card paper” is a running cost. (a) False (b) True
  27. 27.Vihaan’s stall budget is ₹590. Pots cost ₹40, card paper cost ₹190 and sugar cost ₹240. How many rupees of the budget are left?
  28. 28.Zoya’s stall budget is ₹520. Napkins cost ₹110, a banner cost ₹210 and card paper cost ₹80. How many rupees of the budget are left?
  29. 29.Arjun’s stall budget is ₹700. Seeds cost ₹60, pots cost ₹210 and card paper cost ₹140. How many rupees of the budget are left?
  30. 30.Aarav has ₹430 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Aarav can buy?
  31. 31.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  32. 32.Ishaan has a budget of ₹700. The stock costs ₹120 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
  33. 33.Farhan’s stall budget is ₹770. A price board cost ₹270, sugar cost ₹90 and paper cups cost ₹250. How many rupees of the budget are left?
  34. 34.True or false: “a folding table” is a one-time cost. (a) False (b) True
  35. 35.Which of these is a running cost? (a) a cooler box (b) a cash box (c) tea leaves and milk (d) a folding table
  36. 36.🔍 Which is the odd one out? (a) a cooler box (b) card paper (c) a cloth banner (d) a cash box
  37. 37.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  38. 38.Diya has a budget of ₹800. The stock costs ₹270 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  39. 39.🔍 Which is the odd one out? (a) sugar (b) lemons (c) a cloth banner (d) tea leaves and milk
  40. 40.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) seeds and soil (d) a juicer

Answer key

  1. 51
  2. 14
  3. False
  4. 52
  5. a running cost
  6. 30
  7. 130
  8. 47
  9. 70
  10. sugar
  11. True
  12. seeds and soil
  13. 17
  14. True
  15. a cloth banner
  16. lemons
  17. 398
  18. 300
  19. 48
  20. 173
  21. a price board
  22. True
  23. a one-time cost
  24. ice
  25. No
  26. True
  27. 120
  28. 120
  29. 290
  30. 43
  31. a running cost
  32. No
  33. 160
  34. True
  35. tea leaves and milk
  36. card paper
  37. a running cost
  38. Yes
  39. a cloth banner
  40. seeds and soil

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