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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 510 · 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 cooler box” is a running cost. (a) False (b) True
  2. 2.True or false: “ice” is a running cost. (a) True (b) False
  3. 3.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) a folding table (d) lemons
  4. 4.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  5. 5.True or false: “card paper” is a one-time cost. (a) False (b) True
  6. 6.Joseph plans to make 40 handmade cards. Each needs ₹8 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  7. 7.🔍 Which is the odd one out? (a) ice (b) a cash box (c) seeds and soil (d) tea leaves and milk
  8. 8.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a cooler box (d) paper cups
  9. 9.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) sugar (d) a cloth banner
  10. 10.True or false: “a folding table” is a running cost. (a) True (b) False
  11. 11.Aarav’s stall budget is ₹720. Sugar cost ₹280, ribbon cost ₹80 and a price board cost ₹150. How many rupees of the budget are left?
  12. 12.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  13. 13.Vihaan has ₹450 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Vihaan can buy?
  14. 14.Tara plans to make 28 clay diyas. Each needs ₹9 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  15. 15.Meera has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  16. 16.🔍 Which is the odd one out? (a) card paper (b) ice (c) lemons (d) a folding table
  17. 17.True or false: “a cloth banner” is a running cost. (a) True (b) False
  18. 18.Meera has ₹500 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Meera can buy?
  19. 19.Ananya has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
  20. 20.True or false: “a cash box” is a running cost. (a) False (b) True
  21. 21.Vihaan’s stall budget is ₹260. A banner cost ₹30, napkins cost ₹40 and a price board cost ₹170. How many rupees of the budget are left?
  22. 22.True or false: “sugar” is a one-time cost. (a) True (b) False
  23. 23.Tara has ₹180 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Tara can buy?
  24. 24.Which of these is a running cost? (a) a cash box (b) a cooler box (c) a price board (d) tea leaves and milk
  25. 25.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) a cash box (d) card paper
  26. 26.Joseph plans to make 48 fruit cups. Each needs ₹4 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  27. 27.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  28. 28.Meera has a budget of ₹500. The stock costs ₹100 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
  29. 29.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  30. 30.Kabir plans to make 47 fruit cups. Each needs ₹2 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  31. 31.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  32. 32.Which of these is a running cost? (a) a cash box (b) a juicer (c) ice (d) a cooler box
  33. 33.Which of these is a one-time cost? (a) card paper (b) tea leaves and milk (c) a cooler box (d) paper cups
  34. 34.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  35. 35.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) a price board (d) seeds and soil
  36. 36.True or false: “paper cups” is a one-time cost. (a) True (b) False
  37. 37.Lakshmi has a budget of ₹1000. The stock costs ₹460 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  38. 38.Kabir has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  39. 39.True or false: “a folding table” is a one-time cost. (a) True (b) False
  40. 40.Kavya has ₹280 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Kavya can buy?

Answer key

  1. False
  2. True
  3. lemons
  4. a one-time cost
  5. False
  6. 500
  7. a cash box
  8. paper cups
  9. sugar
  10. False
  11. 210
  12. a running cost
  13. 37
  14. 332
  15. Yes
  16. a folding table
  17. False
  18. 125
  19. No
  20. False
  21. 20
  22. False
  23. 45
  24. tea leaves and milk
  25. card paper
  26. 292
  27. a running cost
  28. Yes
  29. True
  30. 144
  31. a one-time cost
  32. ice
  33. a cooler box
  34. a one-time cost
  35. a price board
  36. False
  37. Yes
  38. Yes
  39. True
  40. 35

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