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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 47 · 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: “tea leaves and milk” is a running cost. (a) True (b) False
  2. 2.True or false: “ice” is a one-time cost. (a) False (b) True
  3. 3.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) tea leaves and milk (d) paper cups
  4. 4.Which of these is a one-time cost? (a) paper cups (b) sugar (c) tea leaves and milk (d) a cooler box
  5. 5.Lakshmi has ₹200 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Lakshmi can buy?
  6. 6.Aarav has a budget of ₹1000. The stock costs ₹450 and the stall fee is ₹510. Is the budget enough? (a) Yes (b) No
  7. 7.True or false: “lemons” is a one-time cost. (a) True (b) False
  8. 8.Farhan has ₹190 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Farhan can buy?
  9. 9.Kavya plans to make 22 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  10. 10.🔍 Which is the odd one out? (a) paper cups (b) a cooler box (c) lemons (d) tea leaves and milk
  11. 11.Vihaan plans to make 25 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  12. 12.Rohan plans to make 43 potted plants. Each needs ₹2 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  13. 13.Saanvi plans to make 14 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  14. 14.Lakshmi has ₹250 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Lakshmi can buy?
  15. 15.True or false: “a juicer” is a running cost. (a) True (b) False
  16. 16.🔍 Which is the odd one out? (a) sugar (b) tea leaves and milk (c) seeds and soil (d) a folding table
  17. 17.Which of these is a one-time cost? (a) a folding table (b) ice (c) card paper (d) seeds and soil
  18. 18.Which of these is a one-time cost? (a) a cloth banner (b) paper cups (c) ice (d) tea leaves and milk
  19. 19.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  20. 20.Diya has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  21. 21.Meera has ₹150 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Meera can buy?
  22. 22.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) paper cups (d) a cooler box
  23. 23.Which of these is a running cost? (a) sugar (b) a cloth banner (c) a price board (d) a cooler box
  24. 24.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  25. 25.Gurpreet’s stall budget is ₹510. Lemons cost ₹140, ribbon cost ₹20 and seeds cost ₹50. How many rupees of the budget are left?
  26. 26.Tara’s stall budget is ₹500. Lemons cost ₹260, ribbon cost ₹20 and card paper cost ₹170. How many rupees of the budget are left?
  27. 27.Dev has ₹160 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Dev can buy?
  28. 28.True or false: “card paper” is a one-time cost. (a) True (b) False
  29. 29.Which of these is a running cost? (a) a juicer (b) paper cups (c) a cash box (d) a folding table
  30. 30.Diya plans to make 15 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  31. 31.Tara plans to make 30 handmade cards. Each needs ₹6 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  32. 32.Ananya plans to make 28 clay diyas. Each needs ₹5 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  33. 33.Diya has a budget of ₹1000. The stock costs ₹90 and the stall fee is ₹950. Is the budget enough? (a) Yes (b) No
  34. 34.Aarav has ₹100 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Aarav can buy?
  35. 35.Saanvi has ₹260 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Saanvi can buy?
  36. 36.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a juicer (d) sugar
  37. 37.Kavya has a budget of ₹700. The stock costs ₹170 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  38. 38.Saanvi plans to make 34 cupcakes. Each needs ₹7 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  39. 39.Diya has a budget of ₹800. The stock costs ₹120 and the stall fee is ₹680. Is the budget enough? (a) No (b) Yes
  40. 40.Which of these is a running cost? (a) a price board (b) lemons (c) a juicer (d) a cash box

Answer key

  1. True
  2. False
  3. a cash box
  4. a cooler box
  5. 33
  6. Yes
  7. False
  8. 23
  9. 306
  10. a cooler box
  11. 275
  12. 176
  13. 324
  14. 50
  15. False
  16. a folding table
  17. a folding table
  18. a cloth banner
  19. a running cost
  20. Yes
  21. 25
  22. paper cups
  23. sugar
  24. a one-time cost
  25. 300
  26. 50
  27. 16
  28. False
  29. paper cups
  30. 410
  31. 440
  32. 240
  33. No
  34. 16
  35. 26
  36. a juicer
  37. Yes
  38. 448
  39. Yes
  40. lemons

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