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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 60 · 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: “a cash box” is a running cost. (a) True (b) False
  2. 2.True or false: “a cooler box” is a running cost. (a) False (b) True
  3. 3.Meera has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
  4. 4.Which of these is a one-time cost? (a) paper cups (b) ice (c) a juicer (d) lemons
  5. 5.Kabir has a budget of ₹900. The stock costs ₹120 and the stall fee is ₹750. Is the budget enough? (a) Yes (b) No
  6. 6.🔍 Which is the odd one out? (a) a cooler box (b) lemons (c) card paper (d) seeds and soil
  7. 7.Aarav has ₹160 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Aarav can buy?
  8. 8.🔍 Which is the odd one out? (a) ice (b) card paper (c) sugar (d) a cash box
  9. 9.Ananya has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  10. 10.Zoya has a budget of ₹600. The stock costs ₹300 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  11. 11.Riya’s stall budget is ₹430. Napkins cost ₹160, sugar cost ₹160 and a price board cost ₹100. How many rupees of the budget are left?
  12. 12.Which of these is a running cost? (a) a price board (b) a cash box (c) lemons (d) a folding table
  13. 13.Farhan has ₹70 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Farhan can buy?
  14. 14.🔍 Which is the odd one out? (a) a juicer (b) card paper (c) a cooler box (d) a cloth banner
  15. 15.Which of these is a one-time cost? (a) tea leaves and milk (b) a cloth banner (c) ice (d) card paper
  16. 16.Meera has a budget of ₹600. The stock costs ₹160 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  17. 17.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  18. 18.Diya has a budget of ₹1000. The stock costs ₹400 and the stall fee is ₹600. Is the budget enough? (a) No (b) Yes
  19. 19.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  20. 20.True or false: “ice” is a one-time cost. (a) False (b) True
  21. 21.Which of these is a running cost? (a) a price board (b) a cash box (c) a juicer (d) ice
  22. 22.Aarav plans to make 10 cupcakes. Each needs ₹4 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  23. 23.True or false: “seeds and soil” is a running cost. (a) True (b) False
  24. 24.Kavya has ₹320 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Kavya can buy?
  25. 25.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  26. 26.Kavya plans to make 26 handmade cards. Each needs ₹7 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  27. 27.Nisha plans to make 32 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  28. 28.Joseph’s stall budget is ₹230. Ribbon cost ₹60, paper cups cost ₹50 and sugar cost ₹110. How many rupees of the budget are left?
  29. 29.Diya has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  30. 30.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) a price board (d) a cloth banner
  31. 31.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) paper cups (d) a cash box
  32. 32.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a price board (d) seeds and soil
  33. 33.Diya’s stall budget is ₹790. Lemons cost ₹280, a banner cost ₹250 and card paper cost ₹190. How many rupees of the budget are left?
  34. 34.Which of these is a running cost? (a) card paper (b) a juicer (c) a folding table (d) a cooler box
  35. 35.True or false: “a folding table” is a one-time cost. (a) False (b) True
  36. 36.Arjun has a budget of ₹500. The stock costs ₹100 and the stall fee is ₹430. Is the budget enough? (a) No (b) Yes
  37. 37.Arjun has a budget of ₹600. The stock costs ₹100 and the stall fee is ₹540. Is the budget enough? (a) No (b) Yes
  38. 38.Vihaan’s stall budget is ₹640. Lemons cost ₹90, seeds cost ₹230 and a banner cost ₹180. How many rupees of the budget are left?
  39. 39.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) a cooler box (d) ice
  40. 40.🔍 Which is the odd one out? (a) sugar (b) a folding table (c) paper cups (d) tea leaves and milk

Answer key

  1. False
  2. False
  3. No
  4. a juicer
  5. Yes
  6. a cooler box
  7. 40
  8. a cash box
  9. Yes
  10. No
  11. 10
  12. lemons
  13. 4
  14. card paper
  15. a cloth banner
  16. No
  17. a running cost
  18. Yes
  19. a running cost
  20. False
  21. ice
  22. 260
  23. True
  24. 80
  25. a running cost
  26. 472
  27. 372
  28. 10
  29. No
  30. tea leaves and milk
  31. paper cups
  32. seeds and soil
  33. 70
  34. card paper
  35. True
  36. No
  37. No
  38. 140
  39. a cooler box
  40. a folding table

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