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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 480 · 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.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) sugar (d) seeds and soil
  2. 2.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  3. 3.Which of these is a running cost? (a) card paper (b) a folding table (c) a cash box (d) a cooler box
  4. 4.Meera’s stall budget is ₹600. Lemons cost ₹90, a price board cost ₹60 and a banner cost ₹210. How many rupees of the budget are left?
  5. 5.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) sugar (d) a price board
  6. 6.Meera has ₹500 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Meera can buy?
  7. 7.Kabir plans to make 48 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  8. 8.Nisha has a budget of ₹1000. The stock costs ₹220 and the stall fee is ₹820. Is the budget enough? (a) No (b) Yes
  9. 9.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) a price board (d) sugar
  10. 10.Which of these is a one-time cost? (a) lemons (b) sugar (c) seeds and soil (d) a cloth banner
  11. 11.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  12. 12.Joseph has a budget of ₹800. The stock costs ₹320 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  13. 13.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  14. 14.True or false: “lemons” is a one-time cost. (a) False (b) True
  15. 15.Saanvi has ₹120 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Saanvi can buy?
  16. 16.True or false: “ice” is a one-time cost. (a) True (b) False
  17. 17.Nisha’s stall budget is ₹340. A banner cost ₹20, a price board cost ₹90 and ribbon cost ₹190. How many rupees of the budget are left?
  18. 18.Which of these is a one-time cost? (a) card paper (b) ice (c) a cash box (d) paper cups
  19. 19.🔍 Which is the odd one out? (a) ice (b) tea leaves and milk (c) a folding table (d) lemons
  20. 20.Rohan has ₹160 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Rohan can buy?
  21. 21.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  22. 22.Which of these is a running cost? (a) a folding table (b) a price board (c) lemons (d) a cloth banner
  23. 23.Arjun has ₹170 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Arjun can buy?
  24. 24.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  25. 25.🔍 Which is the odd one out? (a) card paper (b) a price board (c) seeds and soil (d) ice
  26. 26.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  27. 27.Tara has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  28. 28.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  29. 29.Kavya’s stall budget is ₹320. Sugar cost ₹50, a price board cost ₹90 and ribbon cost ₹90. How many rupees of the budget are left?
  30. 30.Kavya has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  31. 31.Rohan has ₹390 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Rohan can buy?
  32. 32.Which of these is a one-time cost? (a) paper cups (b) sugar (c) a juicer (d) seeds and soil
  33. 33.Lakshmi plans to make 27 potted plants. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  34. 34.🔍 Which is the odd one out? (a) ice (b) lemons (c) a cash box (d) tea leaves and milk
  35. 35.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a cash box (d) tea leaves and milk
  36. 36.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  37. 37.True or false: “sugar” is a one-time cost. (a) False (b) True
  38. 38.Vihaan plans to make 26 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  39. 39.True or false: “a price board” is a one-time cost. (a) True (b) False
  40. 40.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost

Answer key

  1. a cooler box
  2. a one-time cost
  3. card paper
  4. 240
  5. a price board
  6. 41
  7. 242
  8. No
  9. sugar
  10. a cloth banner
  11. a running cost
  12. No
  13. a running cost
  14. False
  15. 8
  16. False
  17. 40
  18. a cash box
  19. a folding table
  20. 32
  21. a one-time cost
  22. lemons
  23. 34
  24. a one-time cost
  25. a price board
  26. True
  27. Yes
  28. a running cost
  29. 90
  30. Yes
  31. 19
  32. a juicer
  33. 114
  34. a cash box
  35. tea leaves and milk
  36. a running cost
  37. False
  38. 404
  39. True
  40. a running cost

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