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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 297 · 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: “paper cups” is a running cost. (a) True (b) False
  2. 2.True or false: “a juicer” is a running cost. (a) True (b) False
  3. 3.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) lemons (d) a price board
  4. 4.🔍 Which is the odd one out? (a) lemons (b) card paper (c) sugar (d) a cooler box
  5. 5.True or false: “a juicer” is a one-time cost. (a) False (b) True
  6. 6.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  7. 7.Zoya has a budget of ₹500. The stock costs ₹60 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  8. 8.Meera’s stall budget is ₹210. A price board cost ₹20, ribbon cost ₹80 and paper cups cost ₹40. How many rupees of the budget are left?
  9. 9.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) a cooler box (d) lemons
  10. 10.Dev’s stall budget is ₹450. Pots cost ₹40, a banner cost ₹90 and card paper cost ₹40. How many rupees of the budget are left?
  11. 11.Meera has ₹210 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Meera can buy?
  12. 12.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  13. 13.Which of these is a running cost? (a) tea leaves and milk (b) a price board (c) a folding table (d) a juicer
  14. 14.Kabir plans to make 11 friendship bands. Each needs ₹3 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  15. 15.Lakshmi has a budget of ₹600. The stock costs ₹280 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  16. 16.Ishaan’s stall budget is ₹520. A banner cost ₹150, lemons cost ₹210 and sugar cost ₹40. How many rupees of the budget are left?
  17. 17.Riya’s stall budget is ₹430. A price board cost ₹80, paper cups cost ₹20 and napkins cost ₹230. How many rupees of the budget are left?
  18. 18.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) card paper (d) ice
  19. 19.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) lemons (d) a juicer
  20. 20.Ananya has a budget of ₹900. The stock costs ₹180 and the stall fee is ₹760. Is the budget enough? (a) Yes (b) No
  21. 21.True or false: “card paper” is a one-time cost. (a) False (b) True
  22. 22.Ananya has a budget of ₹800. The stock costs ₹280 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  23. 23.Dev plans to make 41 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  24. 24.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  25. 25.Aarav has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  26. 26.Gurpreet plans to make 25 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  27. 27.Dev’s stall budget is ₹600. Sugar cost ₹60, paper cups cost ₹100 and seeds cost ₹230. How many rupees of the budget are left?
  28. 28.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  29. 29.🔍 Which is the odd one out? (a) a cooler box (b) card paper (c) a folding table (d) a cloth banner
  30. 30.Diya has ₹480 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Diya can buy?
  31. 31.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  32. 32.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) a price board (d) lemons
  33. 33.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  34. 34.Farhan has ₹330 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Farhan can buy?
  35. 35.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  36. 36.Riya’s stall budget is ₹600. Lemons cost ₹290, a price board cost ₹140 and napkins cost ₹50. How many rupees of the budget are left?
  37. 37.Lakshmi has ₹200 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Lakshmi can buy?
  38. 38.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  39. 39.Vihaan’s stall budget is ₹730. A price board cost ₹160, seeds cost ₹250 and sugar cost ₹230. How many rupees of the budget are left?
  40. 40.True or false: “seeds and soil” is a one-time cost. (a) True (b) False

Answer key

  1. True
  2. False
  3. lemons
  4. a cooler box
  5. True
  6. a running cost
  7. Yes
  8. 70
  9. a cooler box
  10. 280
  11. 26
  12. a one-time cost
  13. tea leaves and milk
  14. 233
  15. Yes
  16. 120
  17. 100
  18. a folding table
  19. lemons
  20. No
  21. False
  22. Yes
  23. 203
  24. True
  25. No
  26. 150
  27. 210
  28. True
  29. card paper
  30. 80
  31. a one-time cost
  32. a price board
  33. a running cost
  34. 16
  35. a running cost
  36. 120
  37. 40
  38. a one-time cost
  39. 90
  40. False

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