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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 550 · 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: “lemons” is a running cost. (a) True (b) False
  2. 2.Which of these is a running cost? (a) ice (b) a folding table (c) a juicer (d) a cloth banner
  3. 3.True or false: “ice” is a one-time cost. (a) True (b) False
  4. 4.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  5. 5.Lakshmi has a budget of ₹800. The stock costs ₹140 and the stall fee is ₹630. Is the budget enough? (a) No (b) Yes
  6. 6.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  7. 7.Dev’s stall budget is ₹720. Pots cost ₹30, napkins cost ₹300 and seeds cost ₹220. How many rupees of the budget are left?
  8. 8.Diya has ₹290 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Diya can buy?
  9. 9.Farhan has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  10. 10.Farhan plans to make 47 cupcakes. Each needs ₹8 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  11. 11.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) a cash box (d) sugar
  12. 12.True or false: “a price board” is a running cost. (a) True (b) False
  13. 13.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  14. 14.Arjun’s stall budget is ₹490. A banner cost ₹220, sugar cost ₹30 and napkins cost ₹50. How many rupees of the budget are left?
  15. 15.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  16. 16.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  17. 17.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a cloth banner (d) tea leaves and milk
  18. 18.Tara plans to make 33 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  19. 19.Which of these is a one-time cost? (a) a price board (b) sugar (c) tea leaves and milk (d) lemons
  20. 20.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) card paper (d) a folding table
  21. 21.Vihaan’s stall budget is ₹440. Pots cost ₹90, seeds cost ₹250 and ribbon cost ₹30. How many rupees of the budget are left?
  22. 22.Ishaan has ₹340 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Ishaan can buy?
  23. 23.Zoya has a budget of ₹600. The stock costs ₹150 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
  24. 24.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a cloth banner (d) tea leaves and milk
  25. 25.Ananya plans to make 26 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  26. 26.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) ice (d) a cash box
  27. 27.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  28. 28.Zoya has ₹330 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Zoya can buy?
  29. 29.Gurpreet has a budget of ₹700. The stock costs ₹90 and the stall fee is ₹660. Is the budget enough? (a) No (b) Yes
  30. 30.Vihaan plans to make 21 handmade cards. Each needs ₹9 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  31. 31.Diya has ₹220 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Diya can buy?
  32. 32.True or false: “a cooler box” is a running cost. (a) True (b) False
  33. 33.🔍 Which is the odd one out? (a) a juicer (b) seeds and soil (c) a cash box (d) a folding table
  34. 34.Joseph’s stall budget is ₹460. Ribbon cost ₹60, a price board cost ₹50 and paper cups cost ₹190. How many rupees of the budget are left?
  35. 35.Joseph plans to make 21 potted plants. Each needs ₹6 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  36. 36.Kabir’s stall budget is ₹680. Paper cups cost ₹210, a banner cost ₹260 and card paper cost ₹110. How many rupees of the budget are left?
  37. 37.True or false: “lemons” is a one-time cost. (a) True (b) False
  38. 38.Farhan has ₹390 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Farhan can buy?
  39. 39.Ishaan’s stall budget is ₹830. Napkins cost ₹290, paper cups cost ₹100 and a banner cost ₹290. How many rupees of the budget are left?
  40. 40.Ananya has ₹110 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Ananya can buy?

Answer key

  1. True
  2. ice
  3. False
  4. False
  5. Yes
  6. True
  7. 170
  8. 14
  9. No
  10. 456
  11. sugar
  12. False
  13. a one-time cost
  14. 190
  15. a running cost
  16. a one-time cost
  17. tea leaves and milk
  18. 432
  19. a price board
  20. card paper
  21. 70
  22. 56
  23. Yes
  24. a cloth banner
  25. 306
  26. a cash box
  27. a running cost
  28. 55
  29. No
  30. 259
  31. 36
  32. False
  33. seeds and soil
  34. 160
  35. 186
  36. 100
  37. False
  38. 26
  39. 150
  40. 22

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