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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 526 · 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: “ice” is a one-time cost. (a) True (b) False
  2. 2.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  3. 3.Dev’s stall budget is ₹610. Lemons cost ₹70, pots cost ₹260 and a price board cost ₹250. How many rupees of the budget are left?
  4. 4.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  5. 5.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  6. 6.Vihaan has ₹320 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Vihaan can buy?
  7. 7.Ishaan has ₹480 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Ishaan can buy?
  8. 8.True or false: “sugar” is a running cost. (a) False (b) True
  9. 9.Which of these is a running cost? (a) a cash box (b) a folding table (c) a juicer (d) seeds and soil
  10. 10.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) sugar (d) a cash box
  11. 11.Aarav’s stall budget is ₹590. Pots cost ₹110, paper cups cost ₹200 and a price board cost ₹60. 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.Diya has a budget of ₹900. The stock costs ₹230 and the stall fee is ₹700. Is the budget enough? (a) No (b) Yes
  14. 14.🔍 Which is the odd one out? (a) a cloth banner (b) card paper (c) tea leaves and milk (d) lemons
  15. 15.True or false: “a price board” is a one-time cost. (a) True (b) False
  16. 16.True or false: “paper cups” is a one-time cost. (a) True (b) False
  17. 17.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  18. 18.Meera’s stall budget is ₹620. Card paper cost ₹70, pots cost ₹180 and a price board cost ₹180. How many rupees of the budget are left?
  19. 19.Kabir has ₹310 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Kabir can buy?
  20. 20.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  21. 21.Farhan’s stall budget is ₹650. A price board cost ₹250, card paper cost ₹120 and ribbon cost ₹250. How many rupees of the budget are left?
  22. 22.Dev has ₹390 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Dev can buy?
  23. 23.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  24. 24.True or false: “a cloth banner” is a running cost. (a) True (b) False
  25. 25.True or false: “a price board” is a running cost. (a) True (b) False
  26. 26.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) ice (d) a cooler box
  27. 27.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  28. 28.🔍 Which is the odd one out? (a) ice (b) tea leaves and milk (c) a cooler box (d) paper cups
  29. 29.Nisha has ₹270 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Nisha can buy?
  30. 30.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  31. 31.Ishaan plans to make 50 handmade cards. Each needs ₹5 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  32. 32.Tara’s stall budget is ₹720. Lemons cost ₹230, paper cups cost ₹130 and napkins cost ₹90. How many rupees of the budget are left?
  33. 33.True or false: “a folding table” is a one-time cost. (a) False (b) True
  34. 34.🔍 Which is the odd one out? (a) sugar (b) seeds and soil (c) tea leaves and milk (d) a price board
  35. 35.Joseph has ₹50 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Joseph can buy?
  36. 36.Which of these is a running cost? (a) a juicer (b) a cooler box (c) ice (d) a cash box
  37. 37.🔍 Which is the odd one out? (a) card paper (b) a cooler box (c) a folding table (d) a cloth banner
  38. 38.Riya has ₹300 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Riya can buy?
  39. 39.True or false: “a folding table” is a running cost. (a) False (b) True
  40. 40.True or false: “paper cups” is a running cost. (a) False (b) True

Answer key

  1. False
  2. a one-time cost
  3. 30
  4. a running cost
  5. a one-time cost
  6. 26
  7. 48
  8. True
  9. seeds and soil
  10. sugar
  11. 220
  12. a running cost
  13. No
  14. a cloth banner
  15. True
  16. False
  17. a one-time cost
  18. 190
  19. 62
  20. False
  21. 30
  22. 48
  23. a running cost
  24. False
  25. False
  26. a cooler box
  27. a one-time cost
  28. a cooler box
  29. 45
  30. a one-time cost
  31. 390
  32. 270
  33. True
  34. a price board
  35. 10
  36. ice
  37. card paper
  38. 75
  39. False
  40. True

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