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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 485 · 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.Ishaan has ₹300 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Ishaan can buy?
  2. 2.True or false: “sugar” is a running cost. (a) False (b) True
  3. 3.Joseph has ₹60 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Joseph can buy?
  4. 4.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) a cash box (d) card paper
  5. 5.Ananya plans to make 44 handmade cards. Each needs ₹8 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  6. 6.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) paper cups (d) a price board
  7. 7.Which of these is a running cost? (a) a juicer (b) a cash box (c) a cooler box (d) lemons
  8. 8.Joseph plans to make 30 jute bags. Each needs ₹2 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  9. 9.Gurpreet plans to make 40 handmade cards. Each needs ₹4 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  10. 10.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  11. 11.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  12. 12.True or false: “a juicer” is a running cost. (a) False (b) True
  13. 13.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  14. 14.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  15. 15.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  16. 16.True or false: “seeds and soil” is a running cost. (a) False (b) True
  17. 17.Riya has ₹240 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Riya can buy?
  18. 18.Riya has a budget of ₹800. The stock costs ₹90 and the stall fee is ₹710. Is the budget enough? (a) Yes (b) No
  19. 19.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) ice (d) a price board
  20. 20.Joseph plans to make 23 potted plants. Each needs ₹10 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  21. 21.🔍 Which is the odd one out? (a) a cooler box (b) lemons (c) a juicer (d) a cash box
  22. 22.🔍 Which is the odd one out? (a) lemons (b) sugar (c) seeds and soil (d) a cash box
  23. 23.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  24. 24.Nisha has ₹280 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Nisha can buy?
  25. 25.Gurpreet plans to make 16 clay diyas. Each needs ₹8 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  26. 26.Lakshmi has a budget of ₹800. The stock costs ₹110 and the stall fee is ₹720. Is the budget enough? (a) Yes (b) No
  27. 27.Vihaan plans to make 46 handmade cards. Each needs ₹6 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  28. 28.Dev’s stall budget is ₹580. Lemons cost ₹210, seeds cost ₹20 and card paper cost ₹210. How many rupees of the budget are left?
  29. 29.🔍 Which is the odd one out? (a) sugar (b) a folding table (c) a juicer (d) a cooler box
  30. 30.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) seeds and soil (d) a juicer
  31. 31.🔍 Which is the odd one out? (a) card paper (b) seeds and soil (c) ice (d) a cloth banner
  32. 32.True or false: “sugar” is a one-time cost. (a) True (b) False
  33. 33.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  34. 34.Which of these is a one-time cost? (a) paper cups (b) a cloth banner (c) tea leaves and milk (d) lemons
  35. 35.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) sugar (d) a cooler box
  36. 36.Which of these is a running cost? (a) seeds and soil (b) a cloth banner (c) a cooler box (d) a folding table
  37. 37.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  38. 38.Kabir plans to make 18 cupcakes. Each needs ₹4 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  39. 39.Ishaan’s stall budget is ₹590. Lemons cost ₹170, seeds cost ₹50 and a price board cost ₹270. How many rupees of the budget are left?
  40. 40.Dev has a budget of ₹900. The stock costs ₹100 and the stall fee is ₹830. Is the budget enough? (a) Yes (b) No

Answer key

  1. 50
  2. True
  3. 5
  4. card paper
  5. 552
  6. paper cups
  7. lemons
  8. 150
  9. 310
  10. a running cost
  11. a one-time cost
  12. False
  13. a one-time cost
  14. False
  15. a running cost
  16. True
  17. 20
  18. Yes
  19. ice
  20. 470
  21. lemons
  22. a cash box
  23. a running cost
  24. 18
  25. 258
  26. No
  27. 576
  28. 140
  29. sugar
  30. seeds and soil
  31. a cloth banner
  32. False
  33. a running cost
  34. a cloth banner
  35. a cooler box
  36. seeds and soil
  37. a one-time cost
  38. 132
  39. 100
  40. No

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