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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 352 · 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 plans to make 41 bags of popcorn. Each needs ₹9 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  2. 2.Farhan plans to make 16 handmade cards. Each needs ₹3 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  3. 3.🔍 Which is the odd one out? (a) a price board (b) sugar (c) lemons (d) ice
  4. 4.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  5. 5.Gurpreet plans to make 18 friendship bands. Each needs ₹8 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  6. 6.Riya has a budget of ₹800. The stock costs ₹280 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  7. 7.Rohan’s stall budget is ₹620. Paper cups cost ₹270, a price board cost ₹180 and seeds cost ₹150. How many rupees of the budget are left?
  8. 8.Saanvi has a budget of ₹900. The stock costs ₹230 and the stall fee is ₹710. Is the budget enough? (a) Yes (b) No
  9. 9.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  10. 10.Which of these is a one-time cost? (a) paper cups (b) sugar (c) card paper (d) a cloth banner
  11. 11.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) a cooler box (d) lemons
  12. 12.Which of these is a running cost? (a) a juicer (b) card paper (c) a cloth banner (d) a cash box
  13. 13.Ananya has a budget of ₹900. The stock costs ₹260 and the stall fee is ₹620. Is the budget enough? (a) Yes (b) No
  14. 14.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  15. 15.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  16. 16.Saanvi plans to make 40 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  17. 17.Ishaan has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹190. Is the budget enough? (a) No (b) Yes
  18. 18.Which of these is a running cost? (a) ice (b) a juicer (c) a folding table (d) a cash box
  19. 19.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  20. 20.Joseph has ₹340 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Joseph can buy?
  21. 21.Joseph has ₹90 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Joseph can buy?
  22. 22.Which of these is a running cost? (a) tea leaves and milk (b) a juicer (c) a folding table (d) a cooler box
  23. 23.Which of these is a running cost? (a) seeds and soil (b) a price board (c) a cooler box (d) a juicer
  24. 24.Saanvi plans to make 27 handmade cards. Each needs ₹3 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  25. 25.True or false: “paper cups” is a running cost. (a) True (b) False
  26. 26.Nisha has ₹100 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Nisha can buy?
  27. 27.Lakshmi’s stall budget is ₹820. Lemons cost ₹190, sugar cost ₹300 and pots cost ₹70. How many rupees of the budget are left?
  28. 28.Meera has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  29. 29.Dev has a budget of ₹800. The stock costs ₹350 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  30. 30.Aarav has a budget of ₹1000. The stock costs ₹120 and the stall fee is ₹830. Is the budget enough? (a) Yes (b) No
  31. 31.Ishaan plans to make 45 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  32. 32.Which of these is a one-time cost? (a) seeds and soil (b) a juicer (c) ice (d) sugar
  33. 33.Diya plans to make 17 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  34. 34.Vihaan has a budget of ₹600. The stock costs ₹90 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes
  35. 35.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  36. 36.Gurpreet plans to make 13 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  37. 37.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  38. 38.Meera has ₹210 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Meera can buy?
  39. 39.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) a cash box (d) card paper
  40. 40.Lakshmi’s stall budget is ₹560. Pots cost ₹80, a price board cost ₹300 and card paper cost ₹130. How many rupees of the budget are left?

Answer key

  1. 509
  2. 178
  3. a price board
  4. a one-time cost
  5. 274
  6. No
  7. 20
  8. No
  9. a running cost
  10. a cloth banner
  11. a cooler box
  12. card paper
  13. Yes
  14. a running cost
  15. a one-time cost
  16. 410
  17. No
  18. ice
  19. a running cost
  20. 28
  21. 11
  22. tea leaves and milk
  23. seeds and soil
  24. 191
  25. True
  26. 16
  27. 260
  28. No
  29. Yes
  30. Yes
  31. 380
  32. a juicer
  33. 392
  34. No
  35. True
  36. 135
  37. a one-time cost
  38. 35
  39. a cash box
  40. 50

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