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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 325 · 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.Ishaan plans to make 50 clay diyas. Each needs ₹3 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  2. 2.Joseph has ₹340 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Joseph can buy?
  3. 3.Meera has a budget of ₹700. The stock costs ₹70 and the stall fee is ₹640. Is the budget enough? (a) Yes (b) No
  4. 4.True or false: “a price board” is a running cost. (a) False (b) True
  5. 5.Rohan has ₹400 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Rohan can buy?
  6. 6.Rohan plans to make 11 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  7. 7.Ananya has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹440. Is the budget enough? (a) Yes (b) No
  8. 8.Riya plans to make 30 clay diyas. Each needs ₹10 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  9. 9.Which of these is a one-time cost? (a) card paper (b) sugar (c) lemons (d) a juicer
  10. 10.Nisha has ₹280 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Nisha can buy?
  11. 11.Gurpreet’s stall budget is ₹370. Lemons cost ₹50, pots cost ₹60 and seeds cost ₹40. How many rupees of the budget are left?
  12. 12.Which of these is a running cost? (a) a price board (b) a cloth banner (c) a juicer (d) sugar
  13. 13.True or false: “paper cups” is a one-time cost. (a) True (b) False
  14. 14.Riya has ₹330 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Riya can buy?
  15. 15.Aarav plans to make 32 handmade cards. Each needs ₹7 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  16. 16.Which of these is a running cost? (a) card paper (b) a juicer (c) a cooler box (d) a cash box
  17. 17.Meera has a budget of ₹700. The stock costs ₹110 and the stall fee is ₹540. Is the budget enough? (a) No (b) Yes
  18. 18.True or false: “lemons” is a one-time cost. (a) True (b) False
  19. 19.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) tea leaves and milk (d) a cloth banner
  20. 20.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) a cooler box (d) ice
  21. 21.Gurpreet’s stall budget is ₹480. Paper cups cost ₹140, lemons cost ₹40 and sugar cost ₹280. How many rupees of the budget are left?
  22. 22.Which of these is a running cost? (a) a cooler box (b) a juicer (c) a price board (d) tea leaves and milk
  23. 23.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) a folding table (d) seeds and soil
  24. 24.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  25. 25.True or false: “card paper” is a running cost. (a) False (b) True
  26. 26.True or false: “a juicer” is a one-time cost. (a) True (b) False
  27. 27.True or false: “sugar” is a running cost. (a) True (b) False
  28. 28.Riya’s stall budget is ₹680. Napkins cost ₹270, card paper cost ₹150 and lemons cost ₹240. How many rupees of the budget are left?
  29. 29.Tara plans to make 31 cupcakes. Each needs ₹3 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  30. 30.Which of these is a one-time cost? (a) card paper (b) sugar (c) tea leaves and milk (d) a cash box
  31. 31.Farhan has ₹330 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Farhan can buy?
  32. 32.Ishaan plans to make 48 painted pebbles. Each needs ₹8 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  33. 33.Kavya plans to make 47 jute bags. Each needs ₹3 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  34. 34.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a cloth banner (d) lemons
  35. 35.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) a cloth banner (d) paper cups
  36. 36.🔍 Which is the odd one out? (a) seeds and soil (b) card paper (c) lemons (d) a cooler box
  37. 37.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) card paper (d) seeds and soil
  38. 38.Kabir plans to make 33 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  39. 39.True or false: “a folding table” is a running cost. (a) True (b) False
  40. 40.Ishaan has a budget of ₹1000. The stock costs ₹120 and the stall fee is ₹890. Is the budget enough? (a) No (b) Yes

Answer key

  1. 350
  2. 28
  3. No
  4. False
  5. 100
  6. 227
  7. No
  8. 460
  9. a juicer
  10. 23
  11. 220
  12. sugar
  13. False
  14. 27
  15. 324
  16. card paper
  17. Yes
  18. False
  19. tea leaves and milk
  20. ice
  21. 20
  22. tea leaves and milk
  23. a folding table
  24. a one-time cost
  25. True
  26. True
  27. True
  28. 20
  29. 263
  30. a cash box
  31. 66
  32. 504
  33. 241
  34. lemons
  35. paper cups
  36. a cooler box
  37. a cloth banner
  38. 510
  39. False
  40. No

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