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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 600 · 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.Zoya plans to make 32 friendship bands. Each needs ₹5 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  2. 2.Kavya plans to make 42 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  3. 3.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  4. 4.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  5. 5.True or false: “sugar” is a one-time cost. (a) False (b) True
  6. 6.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a price board (d) sugar
  7. 7.🔍 Which is the odd one out? (a) a juicer (b) ice (c) a cooler box (d) a folding table
  8. 8.Which of these is a running cost? (a) a juicer (b) card paper (c) a price board (d) a cloth banner
  9. 9.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  10. 10.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  11. 11.Ananya plans to make 49 potted plants. Each needs ₹5 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  12. 12.Rohan has ₹240 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Rohan can buy?
  13. 13.🔍 Which is the odd one out? (a) card paper (b) ice (c) a juicer (d) sugar
  14. 14.Arjun plans to make 19 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  15. 15.Vihaan plans to make 43 friendship bands. Each needs ₹7 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  16. 16.True or false: “a folding table” is a running cost. (a) True (b) False
  17. 17.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  18. 18.True or false: “seeds and soil” is a running cost. (a) False (b) True
  19. 19.Dev has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  20. 20.Nisha’s stall budget is ₹580. A banner cost ₹260, pots cost ₹170 and card paper cost ₹120. How many rupees of the budget are left?
  21. 21.Nisha has ₹230 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Nisha can buy?
  22. 22.Tara plans to make 34 painted pebbles. Each needs ₹5 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  23. 23.Diya’s stall budget is ₹640. Seeds cost ₹300, ribbon cost ₹80 and pots cost ₹140. How many rupees of the budget are left?
  24. 24.Arjun plans to make 29 clay diyas. Each needs ₹9 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  25. 25.Rohan has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  26. 26.Arjun’s stall budget is ₹670. A banner cost ₹250, seeds cost ₹120 and ribbon cost ₹290. How many rupees of the budget are left?
  27. 27.Meera’s stall budget is ₹810. Seeds cost ₹110, a banner cost ₹180 and pots cost ₹260. How many rupees of the budget are left?
  28. 28.True or false: “ice” is a one-time cost. (a) False (b) True
  29. 29.True or false: “a juicer” is a one-time cost. (a) True (b) False
  30. 30.Kavya plans to make 22 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  31. 31.Zoya has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  32. 32.Which of these is a one-time cost? (a) a cooler box (b) tea leaves and milk (c) sugar (d) ice
  33. 33.Diya’s stall budget is ₹480. Napkins cost ₹90, pots cost ₹290 and seeds cost ₹50. How many rupees of the budget are left?
  34. 34.Ishaan’s stall budget is ₹320. Lemons cost ₹40, paper cups cost ₹70 and a price board cost ₹190. How many rupees of the budget are left?
  35. 35.Nisha has a budget of ₹600. The stock costs ₹130 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  36. 36.Which of these is a one-time cost? (a) tea leaves and milk (b) card paper (c) sugar (d) a price board
  37. 37.Vihaan plans to make 18 jute bags. Each needs ₹6 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  38. 38.Lakshmi’s stall budget is ₹400. Napkins cost ₹60, pots cost ₹90 and paper cups cost ₹40. How many rupees of the budget are left?
  39. 39.True or false: “lemons” is a running cost. (a) False (b) True
  40. 40.Zoya has a budget of ₹900. The stock costs ₹430 and the stall fee is ₹440. Is the budget enough? (a) Yes (b) No

Answer key

  1. 240
  2. 546
  3. a one-time cost
  4. False
  5. False
  6. sugar
  7. ice
  8. card paper
  9. a one-time cost
  10. True
  11. 375
  12. 40
  13. a juicer
  14. 193
  15. 431
  16. False
  17. a running cost
  18. True
  19. Yes
  20. 30
  21. 19
  22. 350
  23. 120
  24. 311
  25. Yes
  26. 10
  27. 260
  28. False
  29. True
  30. 310
  31. No
  32. a cooler box
  33. 50
  34. 20
  35. Yes
  36. a price board
  37. 408
  38. 210
  39. True
  40. Yes

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