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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 295 · 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.Ananya has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  2. 2.Riya has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹170. Is the budget enough? (a) No (b) Yes
  3. 3.True or false: “a folding table” is a running cost. (a) False (b) True
  4. 4.True or false: “a cash box” is a one-time cost. (a) True (b) False
  5. 5.🔍 Which is the odd one out? (a) ice (b) sugar (c) seeds and soil (d) a folding table
  6. 6.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  7. 7.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  8. 8.Rohan plans to make 30 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  9. 9.True or false: “seeds and soil” is a running cost. (a) False (b) True
  10. 10.Aarav has ₹160 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Aarav can buy?
  11. 11.Which of these is a one-time cost? (a) sugar (b) a cloth banner (c) tea leaves and milk (d) lemons
  12. 12.Kavya’s stall budget is ₹740. Pots cost ₹280, seeds cost ₹140 and sugar cost ₹260. How many rupees of the budget are left?
  13. 13.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  14. 14.🔍 Which is the odd one out? (a) ice (b) paper cups (c) lemons (d) a cash box
  15. 15.Joseph has ₹320 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Joseph can buy?
  16. 16.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  17. 17.True or false: “paper cups” is a one-time cost. (a) True (b) False
  18. 18.True or false: “a cloth banner” is a running cost. (a) False (b) True
  19. 19.Which of these is a one-time cost? (a) paper cups (b) a folding table (c) ice (d) seeds and soil
  20. 20.Dev’s stall budget is ₹660. Card paper cost ₹40, sugar cost ₹190 and a banner cost ₹200. How many rupees of the budget are left?
  21. 21.Nisha has ₹350 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Nisha can buy?
  22. 22.Aarav plans to make 45 painted pebbles. Each needs ₹9 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  23. 23.Saanvi plans to make 18 friendship bands. Each needs ₹6 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  24. 24.Vihaan has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  25. 25.Meera plans to make 41 fruit cups. Each needs ₹7 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  26. 26.Ananya has ₹220 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Ananya can buy?
  27. 27.Riya has a budget of ₹1000. The stock costs ₹80 and the stall fee is ₹890. Is the budget enough? (a) Yes (b) No
  28. 28.Rohan has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹360. Is the budget enough? (a) Yes (b) No
  29. 29.Which of these is a running cost? (a) paper cups (b) a cloth banner (c) a juicer (d) a cash box
  30. 30.True or false: “sugar” is a running cost. (a) True (b) False
  31. 31.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  32. 32.Arjun has a budget of ₹900. The stock costs ₹220 and the stall fee is ₹630. Is the budget enough? (a) No (b) Yes
  33. 33.Aarav’s stall budget is ₹430. Pots cost ₹90, a price board cost ₹30 and lemons cost ₹40. How many rupees of the budget are left?
  34. 34.Kabir plans to make 25 jute bags. Each needs ₹7 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  35. 35.Which of these is a running cost? (a) a cooler box (b) a juicer (c) a folding table (d) ice
  36. 36.Which of these is a one-time cost? (a) a juicer (b) tea leaves and milk (c) card paper (d) lemons
  37. 37.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) a folding table (d) a price board
  38. 38.Meera has ₹330 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Meera can buy?
  39. 39.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) lemons (d) card paper
  40. 40.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost

Answer key

  1. Yes
  2. Yes
  3. False
  4. True
  5. a folding table
  6. a running cost
  7. True
  8. 420
  9. True
  10. 40
  11. a cloth banner
  12. 60
  13. a running cost
  14. a cash box
  15. 64
  16. a one-time cost
  17. False
  18. False
  19. a folding table
  20. 230
  21. 23
  22. 655
  23. 288
  24. No
  25. 377
  26. 11
  27. Yes
  28. No
  29. paper cups
  30. True
  31. a running cost
  32. Yes
  33. 270
  34. 305
  35. ice
  36. a juicer
  37. tea leaves and milk
  38. 33
  39. a cooler box
  40. a one-time cost

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