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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 3 · 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.Joseph has ₹400 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Joseph can buy?
  2. 2.Vihaan has ₹450 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Vihaan can buy?
  3. 3.True or false: “ice” is a running cost. (a) False (b) True
  4. 4.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) a folding table (d) sugar
  5. 5.Which of these is a one-time cost? (a) card paper (b) sugar (c) ice (d) a cloth banner
  6. 6.🔍 Which is the odd one out? (a) card paper (b) seeds and soil (c) paper cups (d) a cloth banner
  7. 7.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  8. 8.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  9. 9.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) ice (d) a cooler box
  10. 10.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  11. 11.Which of these is a running cost? (a) a price board (b) a cloth banner (c) a cooler box (d) ice
  12. 12.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  13. 13.Vihaan plans to make 16 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  14. 14.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  15. 15.Meera has a budget of ₹400. The stock costs ₹50 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  16. 16.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) a juicer (d) a cloth banner
  17. 17.🔍 Which is the odd one out? (a) ice (b) lemons (c) paper cups (d) a price board
  18. 18.Ananya has ₹500 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Ananya can buy?
  19. 19.Which of these is a one-time cost? (a) a cash box (b) lemons (c) tea leaves and milk (d) seeds and soil
  20. 20.Riya has ₹280 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Riya can buy?
  21. 21.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  22. 22.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  23. 23.Ananya’s stall budget is ₹580. Ribbon cost ₹80, lemons cost ₹190 and a price board cost ₹250. How many rupees of the budget are left?
  24. 24.Kabir plans to make 10 fruit cups. Each needs ₹8 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  25. 25.Ishaan has ₹280 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Ishaan can buy?
  26. 26.True or false: “a cash box” is a one-time cost. (a) False (b) True
  27. 27.Kabir has a budget of ₹600. The stock costs ₹250 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  28. 28.Nisha plans to make 35 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  29. 29.Joseph’s stall budget is ₹530. Seeds cost ₹230, ribbon cost ₹70 and card paper cost ₹100. How many rupees of the budget are left?
  30. 30.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  31. 31.Aarav has a budget of ₹700. The stock costs ₹90 and the stall fee is ₹580. Is the budget enough? (a) Yes (b) No
  32. 32.Tara’s stall budget is ₹410. Card paper cost ₹20, a banner cost ₹120 and napkins cost ₹100. How many rupees of the budget are left?
  33. 33.Ananya plans to make 22 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  34. 34.Ishaan plans to make 17 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  35. 35.True or false: “a cloth banner” is a running cost. (a) False (b) True
  36. 36.Which of these is a running cost? (a) a cooler box (b) card paper (c) a cloth banner (d) a folding table
  37. 37.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  38. 38.Aarav’s stall budget is ₹540. Sugar cost ₹140, ribbon cost ₹160 and lemons cost ₹210. How many rupees of the budget are left?
  39. 39.Kabir has a budget of ₹700. The stock costs ₹190 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  40. 40.Riya has ₹200 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Riya can buy?

Answer key

  1. 66
  2. 75
  3. True
  4. sugar
  5. a cloth banner
  6. a cloth banner
  7. a running cost
  8. a one-time cost
  9. ice
  10. a running cost
  11. ice
  12. a running cost
  13. 310
  14. False
  15. No
  16. seeds and soil
  17. a price board
  18. 41
  19. a cash box
  20. 46
  21. a running cost
  22. a one-time cost
  23. 60
  24. 310
  25. 23
  26. True
  27. Yes
  28. 370
  29. 130
  30. a running cost
  31. Yes
  32. 170
  33. 280
  34. 199
  35. False
  36. card paper
  37. a one-time cost
  38. 30
  39. Yes
  40. 40

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