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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 375 · 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: “ice” is a one-time cost. (a) False (b) True
  2. 2.Ishaan plans to make 10 handmade cards. Each needs ₹2 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  3. 3.True or false: “sugar” is a one-time cost. (a) True (b) False
  4. 4.Meera plans to make 15 fruit cups. Each needs ₹3 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  5. 5.Ananya has ₹450 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Ananya can buy?
  6. 6.🔍 Which is the odd one out? (a) seeds and soil (b) a juicer (c) a price board (d) a folding table
  7. 7.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  8. 8.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  9. 9.Arjun has ₹110 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Arjun can buy?
  10. 10.Lakshmi plans to make 16 handmade cards. Each needs ₹7 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  11. 11.Nisha’s stall budget is ₹470. Napkins cost ₹90, pots cost ₹140 and a banner cost ₹70. How many rupees of the budget are left?
  12. 12.Dev plans to make 41 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  13. 13.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) paper cups (d) a cooler box
  14. 14.Saanvi has a budget of ₹400. The stock costs ₹200 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  15. 15.Which of these is a running cost? (a) ice (b) a price board (c) a cash box (d) a cooler box
  16. 16.Meera plans to make 20 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  17. 17.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) tea leaves and milk (d) a price board
  18. 18.Meera has ₹450 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Meera can buy?
  19. 19.🔍 Which is the odd one out? (a) card paper (b) a folding table (c) a cooler box (d) a cash box
  20. 20.Zoya has ₹380 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Zoya can buy?
  21. 21.Kavya plans to make 36 jute bags. Each needs ₹3 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  22. 22.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  23. 23.Joseph has a budget of ₹900. The stock costs ₹390 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  24. 24.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) paper cups (d) a price board
  25. 25.True or false: “a cash box” is a running cost. (a) False (b) True
  26. 26.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) ice (d) a folding table
  27. 27.True or false: “a juicer” is a running cost. (a) False (b) True
  28. 28.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  29. 29.Farhan has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  30. 30.Meera has ₹80 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Meera can buy?
  31. 31.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) tea leaves and milk (d) a price board
  32. 32.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  33. 33.🔍 Which is the odd one out? (a) a price board (b) ice (c) a juicer (d) a cloth banner
  34. 34.Meera’s stall budget is ₹740. Pots cost ₹260, card paper cost ₹110 and sugar cost ₹250. How many rupees of the budget are left?
  35. 35.Nisha’s stall budget is ₹710. Pots cost ₹180, sugar cost ₹220 and ribbon cost ₹270. How many rupees of the budget are left?
  36. 36.Zoya has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  37. 37.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  38. 38.Aarav’s stall budget is ₹350. Pots cost ₹190, card paper cost ₹60 and ribbon cost ₹80. How many rupees of the budget are left?
  39. 39.Rohan has ₹400 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Rohan can buy?
  40. 40.Diya has a budget of ₹600. The stock costs ₹80 and the stall fee is ₹520. Is the budget enough? (a) Yes (b) No

Answer key

  1. False
  2. 220
  3. False
  4. 295
  5. 37
  6. seeds and soil
  7. a running cost
  8. a running cost
  9. 11
  10. 212
  11. 170
  12. 324
  13. a cooler box
  14. No
  15. ice
  16. 380
  17. tea leaves and milk
  18. 45
  19. card paper
  20. 76
  21. 228
  22. False
  23. No
  24. paper cups
  25. False
  26. a folding table
  27. False
  28. a running cost
  29. No
  30. 20
  31. tea leaves and milk
  32. a one-time cost
  33. ice
  34. 120
  35. 40
  36. Yes
  37. a one-time cost
  38. 20
  39. 26
  40. Yes

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