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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 539 · 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.Ananya’s stall budget is ₹280. A banner cost ₹120, card paper cost ₹60 and a price board cost ₹30. How many rupees of the budget are left?
  2. 2.Lakshmi’s stall budget is ₹840. A banner cost ₹230, a price board cost ₹120 and ribbon cost ₹300. How many rupees of the budget are left?
  3. 3.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  4. 4.Arjun has ₹60 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Arjun can buy?
  5. 5.Kabir plans to make 29 jute bags. Each needs ₹6 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  6. 6.Kavya has a budget of ₹600. The stock costs ₹60 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
  7. 7.Diya has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
  8. 8.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  9. 9.Which of these is a running cost? (a) a cash box (b) a price board (c) a juicer (d) lemons
  10. 10.True or false: “a price board” is a running cost. (a) True (b) False
  11. 11.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  12. 12.True or false: “a folding table” is a one-time cost. (a) True (b) False
  13. 13.True or false: “a cash box” is a running cost. (a) False (b) True
  14. 14.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) a cloth banner (d) a juicer
  15. 15.🔍 Which is the odd one out? (a) seeds and soil (b) a juicer (c) a cloth banner (d) a price board
  16. 16.Which of these is a running cost? (a) a cooler box (b) a folding table (c) a cloth banner (d) seeds and soil
  17. 17.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  18. 18.Kabir has ₹140 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Kabir can buy?
  19. 19.Which of these is a one-time cost? (a) ice (b) seeds and soil (c) a folding table (d) paper cups
  20. 20.True or false: “paper cups” is a one-time cost. (a) False (b) True
  21. 21.Nisha has a budget of ₹600. The stock costs ₹230 and the stall fee is ₹340. Is the budget enough? (a) Yes (b) No
  22. 22.Ishaan has ₹420 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Ishaan can buy?
  23. 23.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) paper cups (d) a cooler box
  24. 24.Dev’s stall budget is ₹720. Lemons cost ₹240, card paper cost ₹220 and paper cups cost ₹190. How many rupees of the budget are left?
  25. 25.🔍 Which is the odd one out? (a) a cooler box (b) ice (c) a folding table (d) a cloth banner
  26. 26.Zoya has ₹480 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Zoya can buy?
  27. 27.Ananya plans to make 22 fruit cups. Each needs ₹4 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  28. 28.Which of these is a one-time cost? (a) seeds and soil (b) tea leaves and milk (c) lemons (d) a juicer
  29. 29.🔍 Which is the odd one out? (a) a cash box (b) lemons (c) a cloth banner (d) a price board
  30. 30.Zoya’s stall budget is ₹760. A banner cost ₹240, paper cups cost ₹220 and ribbon cost ₹70. How many rupees of the budget are left?
  31. 31.True or false: “ice” is a one-time cost. (a) False (b) True
  32. 32.🔍 Which is the odd one out? (a) sugar (b) a juicer (c) a cash box (d) a cooler box
  33. 33.🔍 Which is the odd one out? (a) card paper (b) a juicer (c) a price board (d) a folding table
  34. 34.🔍 Which is the odd one out? (a) a folding table (b) seeds and soil (c) tea leaves and milk (d) card paper
  35. 35.Which of these is a running cost? (a) a folding table (b) a cooler box (c) sugar (d) a price board
  36. 36.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  37. 37.True or false: “a juicer” is a running cost. (a) False (b) True
  38. 38.Gurpreet plans to make 30 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  39. 39.🔍 Which is the odd one out? (a) card paper (b) ice (c) tea leaves and milk (d) a price board
  40. 40.Nisha has a budget of ₹700. The stock costs ₹300 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No

Answer key

  1. 70
  2. 190
  3. a one-time cost
  4. 10
  5. 334
  6. Yes
  7. Yes
  8. a one-time cost
  9. lemons
  10. False
  11. a one-time cost
  12. True
  13. False
  14. tea leaves and milk
  15. seeds and soil
  16. seeds and soil
  17. a one-time cost
  18. 14
  19. a folding table
  20. False
  21. Yes
  22. 35
  23. a cooler box
  24. 70
  25. ice
  26. 48
  27. 378
  28. a juicer
  29. lemons
  30. 230
  31. False
  32. sugar
  33. card paper
  34. a folding table
  35. sugar
  36. a one-time cost
  37. False
  38. 320
  39. a price board
  40. Yes

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