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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 518 · 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: “card paper” is a one-time cost. (a) True (b) False
  2. 2.Saanvi has a budget of ₹900. The stock costs ₹50 and the stall fee is ₹810. Is the budget enough? (a) Yes (b) No
  3. 3.True or false: “a cooler box” is a running cost. (a) True (b) False
  4. 4.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  5. 5.Farhan has a budget of ₹600. The stock costs ₹300 and the stall fee is ₹350. Is the budget enough? (a) No (b) Yes
  6. 6.Ishaan’s stall budget is ₹240. Seeds cost ₹20, sugar cost ₹130 and a price board cost ₹20. How many rupees of the budget are left?
  7. 7.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  8. 8.Diya’s stall budget is ₹720. Seeds cost ₹50, pots cost ₹210 and napkins cost ₹180. How many rupees of the budget are left?
  9. 9.Ishaan plans to make 36 potted plants. Each needs ₹2 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  10. 10.True or false: “a juicer” is a running cost. (a) False (b) True
  11. 11.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) a price board (d) a cooler box
  12. 12.Ananya has ₹50 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Ananya can buy?
  13. 13.Gurpreet plans to make 31 friendship bands. Each needs ₹5 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  14. 14.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  15. 15.True or false: “a price board” is a one-time cost. (a) False (b) True
  16. 16.True or false: “a price board” is a running cost. (a) False (b) True
  17. 17.Which of these is a one-time cost? (a) seeds and soil (b) a juicer (c) paper cups (d) sugar
  18. 18.Riya has a budget of ₹1000. The stock costs ₹150 and the stall fee is ₹800. Is the budget enough? (a) Yes (b) No
  19. 19.Diya has ₹180 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Diya can buy?
  20. 20.Meera’s stall budget is ₹490. A banner cost ₹30, a price board cost ₹100 and napkins cost ₹150. How many rupees of the budget are left?
  21. 21.Diya’s stall budget is ₹960. Paper cups cost ₹290, ribbon cost ₹240 and seeds cost ₹230. How many rupees of the budget are left?
  22. 22.Gurpreet has a budget of ₹700. The stock costs ₹290 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No
  23. 23.Lakshmi has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹150. Is the budget enough? (a) Yes (b) No
  24. 24.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  25. 25.Which of these is a one-time cost? (a) a cooler box (b) card paper (c) paper cups (d) seeds and soil
  26. 26.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) ice (d) a price board
  27. 27.Riya’s stall budget is ₹550. A banner cost ₹170, seeds cost ₹90 and paper cups cost ₹50. How many rupees of the budget are left?
  28. 28.Gurpreet has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹220. Is the budget enough? (a) No (b) Yes
  29. 29.Aarav has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  30. 30.Ishaan plans to make 10 painted pebbles. Each needs ₹9 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  31. 31.Riya’s stall budget is ₹540. Paper cups cost ₹300, pots cost ₹20 and card paper cost ₹200. How many rupees of the budget are left?
  32. 32.🔍 Which is the odd one out? (a) card paper (b) lemons (c) a price board (d) ice
  33. 33.Meera has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  34. 34.Aarav’s stall budget is ₹740. Lemons cost ₹160, card paper cost ₹60 and paper cups cost ₹260. How many rupees of the budget are left?
  35. 35.🔍 Which is the odd one out? (a) a price board (b) card paper (c) a cooler box (d) a juicer
  36. 36.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) seeds and soil (d) a juicer
  37. 37.Which of these is a running cost? (a) a cooler box (b) a cash box (c) a price board (d) ice
  38. 38.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) a juicer (d) paper cups
  39. 39.Saanvi’s stall budget is ₹980. A banner cost ₹190, a price board cost ₹300 and sugar cost ₹240. How many rupees of the budget are left?
  40. 40.Diya has ₹210 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Diya can buy?

Answer key

  1. False
  2. Yes
  3. False
  4. a one-time cost
  5. No
  6. 70
  7. a running cost
  8. 280
  9. 272
  10. False
  11. lemons
  12. 10
  13. 255
  14. a one-time cost
  15. True
  16. False
  17. a juicer
  18. Yes
  19. 15
  20. 210
  21. 200
  22. Yes
  23. Yes
  24. a one-time cost
  25. a cooler box
  26. ice
  27. 240
  28. Yes
  29. No
  30. 210
  31. 20
  32. a price board
  33. No
  34. 260
  35. card paper
  36. a juicer
  37. ice
  38. paper cups
  39. 250
  40. 42

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