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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 260 · 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: “ice” is a one-time cost. (a) False (b) True
  2. 2.True or false: “paper cups” is a one-time cost. (a) False (b) True
  3. 3.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a cash box (d) lemons
  4. 4.True or false: “paper cups” is a running cost. (a) True (b) False
  5. 5.🔍 Which is the odd one out? (a) card paper (b) a price board (c) a cash box (d) a cloth banner
  6. 6.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  7. 7.Which of these is a one-time cost? (a) seeds and soil (b) ice (c) a price board (d) lemons
  8. 8.True or false: “a juicer” is a running cost. (a) True (b) False
  9. 9.Farhan has a budget of ₹800. The stock costs ₹70 and the stall fee is ₹750. Is the budget enough? (a) Yes (b) No
  10. 10.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  11. 11.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  12. 12.Lakshmi’s stall budget is ₹640. A banner cost ₹160, card paper cost ₹140 and ribbon cost ₹240. How many rupees of the budget are left?
  13. 13.Which of these is a one-time cost? (a) tea leaves and milk (b) a cloth banner (c) seeds and soil (d) paper cups
  14. 14.Riya’s stall budget is ₹610. Paper cups cost ₹240, card paper cost ₹20 and a banner cost ₹250. How many rupees of the budget are left?
  15. 15.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  16. 16.Ishaan has a budget of ₹500. The stock costs ₹160 and the stall fee is ₹360. Is the budget enough? (a) Yes (b) No
  17. 17.Saanvi has ₹100 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Saanvi can buy?
  18. 18.Which of these is a one-time cost? (a) tea leaves and milk (b) lemons (c) a folding table (d) sugar
  19. 19.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) lemons (d) a juicer
  20. 20.Which of these is a one-time cost? (a) a cash box (b) paper cups (c) tea leaves and milk (d) sugar
  21. 21.True or false: “card paper” is a running cost. (a) True (b) False
  22. 22.Dev has ₹250 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Dev can buy?
  23. 23.Tara has a budget of ₹1000. The stock costs ₹220 and the stall fee is ₹750. Is the budget enough? (a) Yes (b) No
  24. 24.Tara plans to make 46 clay diyas. Each needs ₹3 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  25. 25.Which of these is a running cost? (a) a cash box (b) a price board (c) a cloth banner (d) card paper
  26. 26.True or false: “a folding table” is a running cost. (a) False (b) True
  27. 27.Kavya has a budget of ₹700. The stock costs ₹310 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  28. 28.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  29. 29.Rohan has ₹240 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Rohan can buy?
  30. 30.Meera’s stall budget is ₹300. Seeds cost ₹140, napkins cost ₹90 and paper cups cost ₹20. How many rupees of the budget are left?
  31. 31.Arjun has ₹290 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Arjun can buy?
  32. 32.Ishaan’s stall budget is ₹380. Pots cost ₹170, lemons cost ₹70 and paper cups cost ₹110. How many rupees of the budget are left?
  33. 33.Farhan has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  34. 34.🔍 Which is the odd one out? (a) ice (b) sugar (c) card paper (d) a price board
  35. 35.Meera’s stall budget is ₹780. Pots cost ₹50, napkins cost ₹270 and a price board cost ₹270. How many rupees of the budget are left?
  36. 36.Nisha’s stall budget is ₹680. Sugar cost ₹90, paper cups cost ₹270 and a price board cost ₹150. How many rupees of the budget are left?
  37. 37.Tara has a budget of ₹1000. The stock costs ₹60 and the stall fee is ₹950. Is the budget enough? (a) Yes (b) No
  38. 38.Kabir plans to make 15 cupcakes. Each needs ₹4 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  39. 39.Vihaan’s stall budget is ₹720. Lemons cost ₹60, napkins cost ₹290 and paper cups cost ₹190. How many rupees of the budget are left?
  40. 40.True or false: “seeds and soil” is a running cost. (a) False (b) True

Answer key

  1. False
  2. False
  3. lemons
  4. True
  5. card paper
  6. a one-time cost
  7. a price board
  8. False
  9. No
  10. a one-time cost
  11. a running cost
  12. 100
  13. a cloth banner
  14. 100
  15. a one-time cost
  16. No
  17. 5
  18. a folding table
  19. a juicer
  20. a cash box
  21. True
  22. 12
  23. Yes
  24. 228
  25. card paper
  26. False
  27. No
  28. a running cost
  29. 16
  30. 50
  31. 14
  32. 30
  33. No
  34. a price board
  35. 190
  36. 170
  37. No
  38. 210
  39. 180
  40. True

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