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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 500 · 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.Dev has ₹280 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Dev can buy?
  2. 2.Kabir has a budget of ₹800. The stock costs ₹380 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  3. 3.Ananya’s stall budget is ₹420. Sugar cost ₹40, card paper cost ₹40 and napkins cost ₹190. How many rupees of the budget are left?
  4. 4.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) paper cups (d) a folding table
  5. 5.Gurpreet has ₹180 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Gurpreet can buy?
  6. 6.True or false: “a juicer” is a running cost. (a) False (b) True
  7. 7.Rohan has a budget of ₹1000. The stock costs ₹370 and the stall fee is ₹610. Is the budget enough? (a) No (b) Yes
  8. 8.Farhan’s stall budget is ₹440. Paper cups cost ₹90, lemons cost ₹30 and ribbon cost ₹270. How many rupees of the budget are left?
  9. 9.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  10. 10.Zoya’s stall budget is ₹510. A banner cost ₹230, pots cost ₹70 and lemons cost ₹110. How many rupees of the budget are left?
  11. 11.Tara plans to make 40 cups of lemonade. 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: lemons? (a) a running cost (b) a one-time cost
  13. 13.Aarav has a budget of ₹900. The stock costs ₹420 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  14. 14.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  15. 15.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  16. 16.🔍 Which is the odd one out? (a) sugar (b) lemons (c) ice (d) a price board
  17. 17.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  18. 18.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  19. 19.Which of these is a one-time cost? (a) a cooler box (b) sugar (c) lemons (d) tea leaves and milk
  20. 20.True or false: “a folding table” is a running cost. (a) True (b) False
  21. 21.Lakshmi plans to make 31 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  22. 22.🔍 Which is the odd one out? (a) seeds and soil (b) a folding table (c) card paper (d) tea leaves and milk
  23. 23.True or false: “card paper” is a one-time cost. (a) True (b) False
  24. 24.Tara’s stall budget is ₹770. Lemons cost ₹250, a banner cost ₹180 and card paper cost ₹220. How many rupees of the budget are left?
  25. 25.🔍 Which is the odd one out? (a) a juicer (b) a cash box (c) a cloth banner (d) lemons
  26. 26.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) a cloth banner (d) tea leaves and milk
  27. 27.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) seeds and soil (d) a juicer
  28. 28.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  29. 29.Which of these is a running cost? (a) lemons (b) a cash box (c) a juicer (d) a cooler box
  30. 30.Gurpreet’s stall budget is ₹520. Napkins cost ₹40, lemons cost ₹270 and card paper cost ₹90. How many rupees of the budget are left?
  31. 31.Lakshmi has ₹160 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Lakshmi can buy?
  32. 32.Rohan has a budget of ₹600. The stock costs ₹220 and the stall fee is ₹370. Is the budget enough? (a) Yes (b) No
  33. 33.Zoya’s stall budget is ₹510. A price board cost ₹30, a banner cost ₹170 and seeds cost ₹300. How many rupees of the budget are left?
  34. 34.Which of these is a one-time cost? (a) a cash box (b) paper cups (c) lemons (d) sugar
  35. 35.Which of these is a running cost? (a) a cash box (b) a cooler box (c) tea leaves and milk (d) a cloth banner
  36. 36.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  37. 37.Lakshmi has ₹390 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Lakshmi can buy?
  38. 38.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) ice (d) a cooler box
  39. 39.Rohan’s stall budget is ₹860. Ribbon cost ₹190, napkins cost ₹260 and a price board cost ₹110. How many rupees of the budget are left?
  40. 40.Vihaan plans to make 39 potted plants. Each needs ₹6 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?

Answer key

  1. 28
  2. Yes
  3. 150
  4. a folding table
  5. 22
  6. False
  7. Yes
  8. 50
  9. a running cost
  10. 100
  11. 330
  12. a running cost
  13. Yes
  14. True
  15. a one-time cost
  16. a price board
  17. a one-time cost
  18. a one-time cost
  19. a cooler box
  20. False
  21. 460
  22. a folding table
  23. False
  24. 120
  25. lemons
  26. a cloth banner
  27. a juicer
  28. True
  29. lemons
  30. 120
  31. 16
  32. Yes
  33. 10
  34. a cash box
  35. tea leaves and milk
  36. a running cost
  37. 19
  38. a cooler box
  39. 300
  40. 464

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