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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 356 · 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.Saanvi’s stall budget is ₹280. Ribbon cost ₹60, a banner cost ₹80 and pots cost ₹110. How many rupees of the budget are left?
  2. 2.True or false: “card paper” is a one-time cost. (a) True (b) False
  3. 3.True or false: “a folding table” is a running cost. (a) True (b) False
  4. 4.🔍 Which is the odd one out? (a) card paper (b) a juicer (c) a price board (d) a cash box
  5. 5.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a juicer (d) paper cups
  6. 6.Which of these is a one-time cost? (a) a cloth banner (b) sugar (c) ice (d) lemons
  7. 7.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) a cloth banner (d) seeds and soil
  8. 8.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  9. 9.🔍 Which is the odd one out? (a) ice (b) sugar (c) a folding table (d) paper cups
  10. 10.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) sugar (d) a price board
  11. 11.Ishaan plans to make 50 handmade cards. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  12. 12.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  13. 13.Which of these is a running cost? (a) a cooler box (b) a cash box (c) paper cups (d) a price board
  14. 14.Aarav has ₹500 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Aarav can buy?
  15. 15.Which of these is a one-time cost? (a) seeds and soil (b) a price board (c) lemons (d) ice
  16. 16.Kavya’s stall budget is ₹570. Card paper cost ₹290, sugar cost ₹80 and paper cups cost ₹140. How many rupees of the budget are left?
  17. 17.Meera has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  18. 18.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) a cooler box (d) lemons
  19. 19.Gurpreet plans to make 33 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  20. 20.Tara has a budget of ₹900. The stock costs ₹110 and the stall fee is ₹820. Is the budget enough? (a) Yes (b) No
  21. 21.Aarav has a budget of ₹800. The stock costs ₹60 and the stall fee is ₹700. Is the budget enough? (a) Yes (b) No
  22. 22.True or false: “ice” is a running cost. (a) False (b) True
  23. 23.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) sugar (d) a cash box
  24. 24.Gurpreet has a budget of ₹900. The stock costs ₹260 and the stall fee is ₹670. Is the budget enough? (a) Yes (b) No
  25. 25.Nisha has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  26. 26.True or false: “a juicer” is a running cost. (a) False (b) True
  27. 27.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  28. 28.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) sugar (d) paper cups
  29. 29.Saanvi has ₹240 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Saanvi can buy?
  30. 30.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  31. 31.Ishaan has ₹400 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Ishaan can buy?
  32. 32.True or false: “seeds and soil” is a running cost. (a) False (b) True
  33. 33.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  34. 34.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  35. 35.Diya has a budget of ₹1000. The stock costs ₹470 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  36. 36.True or false: “sugar” is a one-time cost. (a) False (b) True
  37. 37.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) tea leaves and milk (d) a juicer
  38. 38.Dev plans to make 20 cupcakes. Each needs ₹7 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  39. 39.Tara’s stall budget is ₹470. Paper cups cost ₹130, sugar cost ₹280 and card paper cost ₹40. How many rupees of the budget are left?
  40. 40.True or false: “a folding table” is a one-time cost. (a) True (b) False

Answer key

  1. 30
  2. False
  3. False
  4. card paper
  5. paper cups
  6. a cloth banner
  7. a cloth banner
  8. a running cost
  9. a folding table
  10. a price board
  11. 320
  12. a running cost
  13. paper cups
  14. 100
  15. a price board
  16. 60
  17. Yes
  18. a cooler box
  19. 427
  20. No
  21. Yes
  22. True
  23. sugar
  24. No
  25. No
  26. False
  27. a running cost
  28. a juicer
  29. 24
  30. a running cost
  31. 20
  32. True
  33. a running cost
  34. True
  35. No
  36. False
  37. tea leaves and milk
  38. 300
  39. 20
  40. True

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