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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 241 · 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.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  2. 2.Ishaan has a budget of ₹1000. The stock costs ₹80 and the stall fee is ₹960. Is the budget enough? (a) Yes (b) No
  3. 3.Aarav has ₹370 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Aarav can buy?
  4. 4.Which of these is a running cost? (a) a juicer (b) card paper (c) a cash box (d) a price board
  5. 5.Zoya’s stall budget is ₹730. Ribbon cost ₹270, a banner cost ₹20 and lemons cost ₹200. How many rupees of the budget are left?
  6. 6.Rohan has a budget of ₹800. The stock costs ₹110 and the stall fee is ₹650. Is the budget enough? (a) Yes (b) No
  7. 7.Farhan plans to make 17 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  8. 8.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a cash box (d) seeds and soil
  9. 9.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) seeds and soil (d) a cooler box
  10. 10.🔍 Which is the odd one out? (a) paper cups (b) ice (c) a juicer (d) sugar
  11. 11.Which of these is a one-time cost? (a) ice (b) paper cups (c) a juicer (d) lemons
  12. 12.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) a cooler box (d) lemons
  13. 13.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  14. 14.Joseph plans to make 40 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  15. 15.Which of these is a one-time cost? (a) card paper (b) lemons (c) seeds and soil (d) a cloth banner
  16. 16.Meera has ₹50 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Meera can buy?
  17. 17.Which of these is a one-time cost? (a) ice (b) lemons (c) card paper (d) a folding table
  18. 18.Joseph plans to make 30 painted pebbles. Each needs ₹5 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  19. 19.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a price board (d) paper cups
  20. 20.🔍 Which is the odd one out? (a) a folding table (b) seeds and soil (c) lemons (d) ice
  21. 21.Kabir plans to make 11 handmade cards. Each needs ₹3 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  22. 22.Riya’s stall budget is ₹260. Card paper cost ₹80, seeds cost ₹30 and ribbon cost ₹60. How many rupees of the budget are left?
  23. 23.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  24. 24.Ishaan’s stall budget is ₹450. Napkins cost ₹120, ribbon cost ₹160 and a banner cost ₹110. How many rupees of the budget are left?
  25. 25.True or false: “lemons” is a one-time cost. (a) False (b) True
  26. 26.Arjun has a budget of ₹600. The stock costs ₹70 and the stall fee is ₹520. Is the budget enough? (a) Yes (b) No
  27. 27.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  28. 28.Vihaan’s stall budget is ₹430. A banner cost ₹50, lemons cost ₹140 and card paper cost ₹160. How many rupees of the budget are left?
  29. 29.Rohan has ₹120 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Rohan can buy?
  30. 30.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  31. 31.Lakshmi has ₹330 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Lakshmi can buy?
  32. 32.True or false: “a juicer” is a one-time cost. (a) False (b) True
  33. 33.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) lemons (d) a cooler box
  34. 34.True or false: “ice” is a one-time cost. (a) True (b) False
  35. 35.Ishaan plans to make 50 cupcakes. Each needs ₹4 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  36. 36.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) paper cups (d) ice
  37. 37.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) a cash box (d) ice
  38. 38.Which of these is a one-time cost? (a) ice (b) seeds and soil (c) lemons (d) a cooler box
  39. 39.Which of these is a running cost? (a) a price board (b) lemons (c) a cloth banner (d) a juicer
  40. 40.Arjun plans to make 27 jute bags. Each needs ₹4 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?

Answer key

  1. a running cost
  2. No
  3. 46
  4. card paper
  5. 240
  6. Yes
  7. 101
  8. seeds and soil
  9. seeds and soil
  10. a juicer
  11. a juicer
  12. a cooler box
  13. a one-time cost
  14. 350
  15. a cloth banner
  16. 8
  17. a folding table
  18. 230
  19. paper cups
  20. a folding table
  21. 323
  22. 90
  23. a one-time cost
  24. 60
  25. False
  26. Yes
  27. a one-time cost
  28. 80
  29. 10
  30. a one-time cost
  31. 55
  32. True
  33. lemons
  34. False
  35. 430
  36. a cloth banner
  37. ice
  38. a cooler box
  39. lemons
  40. 268

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