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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 579 · 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.Which of these is a one-time cost? (a) seeds and soil (b) a folding table (c) tea leaves and milk (d) lemons
  2. 2.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a price board (d) sugar
  3. 3.Which of these is a one-time cost? (a) paper cups (b) a cooler box (c) tea leaves and milk (d) sugar
  4. 4.Which of these is a running cost? (a) a folding table (b) a juicer (c) sugar (d) a price board
  5. 5.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  6. 6.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  7. 7.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) a juicer (d) a folding table
  8. 8.Meera’s stall budget is ₹340. Ribbon cost ₹30, pots cost ₹130 and napkins cost ₹50. How many rupees of the budget are left?
  9. 9.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  10. 10.Kavya’s stall budget is ₹420. Lemons cost ₹60, a banner cost ₹180 and sugar cost ₹100. How many rupees of the budget are left?
  11. 11.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  12. 12.Tara plans to make 45 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  13. 13.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) card paper (d) a cloth banner
  14. 14.Arjun has ₹430 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Arjun can buy?
  15. 15.Which of these is a one-time cost? (a) a price board (b) sugar (c) seeds and soil (d) lemons
  16. 16.Joseph plans to make 21 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  17. 17.Vihaan has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  18. 18.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) a cash box (d) a folding table
  19. 19.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  20. 20.True or false: “a cash box” is a one-time cost. (a) True (b) False
  21. 21.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) card paper (d) a cash box
  22. 22.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  23. 23.Rohan plans to make 50 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  24. 24.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  25. 25.Tara has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹120. Is the budget enough? (a) No (b) Yes
  26. 26.Dev has ₹200 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Dev can buy?
  27. 27.Lakshmi plans to make 46 friendship bands. Each needs ₹6 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  28. 28.Lakshmi has ₹470 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Lakshmi can buy?
  29. 29.Dev plans to make 15 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  30. 30.True or false: “paper cups” is a one-time cost. (a) True (b) False
  31. 31.Gurpreet’s stall budget is ₹520. Napkins cost ₹220, ribbon cost ₹200 and seeds cost ₹80. How many rupees of the budget are left?
  32. 32.Joseph has ₹110 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Joseph can buy?
  33. 33.Kavya’s stall budget is ₹860. Ribbon cost ₹230, card paper cost ₹200 and seeds cost ₹140. How many rupees of the budget are left?
  34. 34.Tara’s stall budget is ₹670. A price board cost ₹220, sugar cost ₹150 and paper cups cost ₹230. How many rupees of the budget are left?
  35. 35.🔍 Which is the odd one out? (a) a juicer (b) tea leaves and milk (c) lemons (d) seeds and soil
  36. 36.Aarav has a budget of ₹800. The stock costs ₹110 and the stall fee is ₹640. Is the budget enough? (a) No (b) Yes
  37. 37.Ananya has a budget of ₹1000. The stock costs ₹150 and the stall fee is ₹870. Is the budget enough? (a) Yes (b) No
  38. 38.Tara plans to make 16 potted plants. Each needs ₹7 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  39. 39.Which of these is a one-time cost? (a) card paper (b) a cash box (c) lemons (d) seeds and soil
  40. 40.True or false: “sugar” is a running cost. (a) True (b) False

Answer key

  1. a folding table
  2. sugar
  3. a cooler box
  4. sugar
  5. a running cost
  6. a running cost
  7. tea leaves and milk
  8. 130
  9. a one-time cost
  10. 80
  11. a one-time cost
  12. 465
  13. a cloth banner
  14. 21
  15. a price board
  16. 165
  17. No
  18. lemons
  19. True
  20. True
  21. a cash box
  22. a running cost
  23. 380
  24. a running cost
  25. Yes
  26. 13
  27. 376
  28. 39
  29. 225
  30. False
  31. 20
  32. 11
  33. 290
  34. 70
  35. a juicer
  36. Yes
  37. No
  38. 272
  39. a cash box
  40. True

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