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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 253 · 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.True or false: “a cloth banner” is a running cost. (a) False (b) True
  2. 2.Zoya has ₹340 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Zoya can buy?
  3. 3.Which of these is a running cost? (a) a cooler box (b) a cash box (c) sugar (d) a juicer
  4. 4.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) a cash box (d) a cooler box
  5. 5.Meera has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  6. 6.Diya has a budget of ₹900. The stock costs ₹330 and the stall fee is ₹600. Is the budget enough? (a) Yes (b) No
  7. 7.Ishaan’s stall budget is ₹510. A banner cost ₹40, ribbon cost ₹100 and a price board cost ₹260. How many rupees of the budget are left?
  8. 8.Aarav has ₹80 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Aarav can buy?
  9. 9.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  10. 10.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  11. 11.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  12. 12.Saanvi’s stall budget is ₹930. Ribbon cost ₹280, sugar cost ₹220 and pots cost ₹250. How many rupees of the budget are left?
  13. 13.Which of these is a one-time cost? (a) ice (b) lemons (c) tea leaves and milk (d) a juicer
  14. 14.🔍 Which is the odd one out? (a) sugar (b) a price board (c) a juicer (d) a cash box
  15. 15.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a cash box (d) paper cups
  16. 16.True or false: “lemons” is a running cost. (a) True (b) False
  17. 17.Diya has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹160. Is the budget enough? (a) No (b) Yes
  18. 18.True or false: “ice” is a one-time cost. (a) True (b) False
  19. 19.True or false: “sugar” is a one-time cost. (a) True (b) False
  20. 20.Which of these is a running cost? (a) lemons (b) a juicer (c) a cooler box (d) a cloth banner
  21. 21.Ananya has ₹370 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Ananya can buy?
  22. 22.True or false: “paper cups” is a running cost. (a) False (b) True
  23. 23.Saanvi plans to make 33 handmade cards. Each needs ₹8 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  24. 24.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a cooler box (d) tea leaves and milk
  25. 25.Kavya has ₹230 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Kavya can buy?
  26. 26.Gurpreet has ₹340 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Gurpreet can buy?
  27. 27.Ananya’s stall budget is ₹650. Card paper cost ₹110, seeds cost ₹30 and a banner cost ₹220. How many rupees of the budget are left?
  28. 28.Which of these is a one-time cost? (a) paper cups (b) a price board (c) ice (d) seeds and soil
  29. 29.Which of these is a one-time cost? (a) tea leaves and milk (b) a cash box (c) sugar (d) card paper
  30. 30.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) a folding table (d) card paper
  31. 31.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  32. 32.Rohan has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹170. Is the budget enough? (a) No (b) Yes
  33. 33.Gurpreet has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  34. 34.Which of these is a one-time cost? (a) a cloth banner (b) sugar (c) card paper (d) paper cups
  35. 35.Tara has a budget of ₹400. The stock costs ₹50 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  36. 36.Which of these is a running cost? (a) tea leaves and milk (b) a cloth banner (c) a cooler box (d) a folding table
  37. 37.Gurpreet’s stall budget is ₹500. Ribbon cost ₹90, paper cups cost ₹270 and a price board cost ₹130. How many rupees of the budget are left?
  38. 38.Arjun plans to make 42 potted plants. Each needs ₹6 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  39. 39.🔍 Which is the odd one out? (a) ice (b) lemons (c) tea leaves and milk (d) a cash box
  40. 40.Ishaan’s stall budget is ₹760. Paper cups cost ₹130, napkins cost ₹90 and sugar cost ₹260. How many rupees of the budget are left?

Answer key

  1. False
  2. 42
  3. sugar
  4. card paper
  5. No
  6. No
  7. 110
  8. 16
  9. a one-time cost
  10. a one-time cost
  11. False
  12. 180
  13. a juicer
  14. sugar
  15. paper cups
  16. True
  17. Yes
  18. False
  19. False
  20. lemons
  21. 37
  22. True
  23. 464
  24. tea leaves and milk
  25. 11
  26. 17
  27. 290
  28. a price board
  29. a cash box
  30. a folding table
  31. a one-time cost
  32. Yes
  33. Yes
  34. a cloth banner
  35. Yes
  36. tea leaves and milk
  37. 10
  38. 472
  39. a cash box
  40. 280

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