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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 487 · 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: “a cash box” is a running cost. (a) False (b) True
  2. 2.True or false: “lemons” is a one-time cost. (a) True (b) False
  3. 3.Vihaan’s stall budget is ₹450. A banner cost ₹120, lemons cost ₹20 and pots cost ₹60. How many rupees of the budget are left?
  4. 4.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  5. 5.Which of these is a running cost? (a) a cash box (b) a cooler box (c) lemons (d) a cloth banner
  6. 6.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  7. 7.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) a cash box (d) paper cups
  8. 8.Zoya has ₹190 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Zoya can buy?
  9. 9.Riya plans to make 38 handmade cards. Each needs ₹2 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  10. 10.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  11. 11.Ananya plans to make 21 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  12. 12.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  13. 13.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) a folding table (d) sugar
  14. 14.🔍 Which is the odd one out? (a) ice (b) card paper (c) paper cups (d) a cloth banner
  15. 15.Dev has ₹360 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Dev can buy?
  16. 16.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) sugar (d) a juicer
  17. 17.Ishaan has ₹240 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Ishaan can buy?
  18. 18.Lakshmi has a budget of ₹700. The stock costs ₹50 and the stall fee is ₹640. Is the budget enough? (a) Yes (b) No
  19. 19.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  20. 20.Vihaan has ₹330 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Vihaan can buy?
  21. 21.Ishaan’s stall budget is ₹660. Napkins cost ₹70, pots cost ₹160 and lemons cost ₹260. How many rupees of the budget are left?
  22. 22.Vihaan’s stall budget is ₹770. Card paper cost ₹250, sugar cost ₹200 and pots cost ₹20. How many rupees of the budget are left?
  23. 23.Saanvi has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  24. 24.True or false: “sugar” is a running cost. (a) False (b) True
  25. 25.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) a juicer (d) tea leaves and milk
  26. 26.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  27. 27.Vihaan’s stall budget is ₹390. Paper cups cost ₹90, seeds cost ₹140 and napkins cost ₹110. How many rupees of the budget are left?
  28. 28.True or false: “card paper” is a one-time cost. (a) True (b) False
  29. 29.Kavya plans to make 32 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  30. 30.Farhan plans to make 17 handmade cards. Each needs ₹8 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  31. 31.Riya’s stall budget is ₹290. Sugar cost ₹50, a banner cost ₹80 and card paper cost ₹70. How many rupees of the budget are left?
  32. 32.True or false: “a juicer” is a running cost. (a) False (b) True
  33. 33.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  34. 34.Diya plans to make 26 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  35. 35.Rohan has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  36. 36.Which of these is a one-time cost? (a) lemons (b) sugar (c) card paper (d) a price board
  37. 37.Diya has a budget of ₹500. The stock costs ₹240 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  38. 38.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  39. 39.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  40. 40.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost

Answer key

  1. False
  2. False
  3. 250
  4. True
  5. lemons
  6. a running cost
  7. paper cups
  8. 31
  9. 326
  10. a running cost
  11. 273
  12. a running cost
  13. sugar
  14. a cloth banner
  15. 90
  16. sugar
  17. 60
  18. Yes
  19. a one-time cost
  20. 27
  21. 170
  22. 300
  23. Yes
  24. True
  25. a juicer
  26. a one-time cost
  27. 50
  28. False
  29. 386
  30. 326
  31. 90
  32. False
  33. a one-time cost
  34. 284
  35. Yes
  36. a price board
  37. Yes
  38. True
  39. a one-time cost
  40. a one-time cost

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