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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 604 · 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) False (b) True
  2. 2.Kavya has ₹280 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Kavya can buy?
  3. 3.Kavya plans to make 24 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  4. 4.Diya’s stall budget is ₹920. A price board cost ₹280, seeds cost ₹290 and lemons cost ₹220. How many rupees of the budget are left?
  5. 5.Aarav’s stall budget is ₹690. Card paper cost ₹200, napkins cost ₹260 and ribbon cost ₹120. How many rupees of the budget are left?
  6. 6.Ishaan plans to make 27 clay diyas. Each needs ₹3 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  7. 7.Aarav plans to make 42 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  8. 8.Which of these is a one-time cost? (a) a cloth banner (b) tea leaves and milk (c) sugar (d) paper cups
  9. 9.Which of these is a running cost? (a) a juicer (b) a folding table (c) lemons (d) a cloth banner
  10. 10.True or false: “card paper” is a one-time cost. (a) False (b) True
  11. 11.Lakshmi’s stall budget is ₹660. A banner cost ₹100, lemons cost ₹300 and ribbon cost ₹30. How many rupees of the budget are left?
  12. 12.Arjun plans to make 15 clay diyas. Each needs ₹10 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  13. 13.Aarav has ₹270 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Aarav can buy?
  14. 14.Rohan’s stall budget is ₹800. Card paper cost ₹260, a banner cost ₹250 and lemons cost ₹250. How many rupees of the budget are left?
  15. 15.Which of these is a running cost? (a) a folding table (b) a cash box (c) paper cups (d) a cloth banner
  16. 16.🔍 Which is the odd one out? (a) a cash box (b) tea leaves and milk (c) a folding table (d) a cloth banner
  17. 17.Which of these is a running cost? (a) a cloth banner (b) ice (c) a juicer (d) a price board
  18. 18.Arjun has a budget of ₹800. The stock costs ₹60 and the stall fee is ₹720. Is the budget enough? (a) Yes (b) No
  19. 19.Lakshmi plans to make 12 clay diyas. Each needs ₹4 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  20. 20.Which of these is a one-time cost? (a) sugar (b) paper cups (c) ice (d) a cooler box
  21. 21.Arjun has a budget of ₹500. The stock costs ₹250 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  22. 22.🔍 Which is the odd one out? (a) card paper (b) a price board (c) a cash box (d) a folding table
  23. 23.Ananya has a budget of ₹800. The stock costs ₹50 and the stall fee is ₹740. Is the budget enough? (a) No (b) Yes
  24. 24.Vihaan’s stall budget is ₹870. Napkins cost ₹250, ribbon cost ₹290 and seeds cost ₹240. How many rupees of the budget are left?
  25. 25.Which of these is a running cost? (a) a folding table (b) a cooler box (c) a juicer (d) card paper
  26. 26.🔍 Which is the odd one out? (a) a cooler box (b) sugar (c) a juicer (d) a folding table
  27. 27.True or false: “a cloth banner” is a running cost. (a) True (b) False
  28. 28.Saanvi has a budget of ₹600. The stock costs ₹180 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  29. 29.Which of these is a one-time cost? (a) card paper (b) paper cups (c) tea leaves and milk (d) a folding table
  30. 30.Lakshmi has a budget of ₹1000. The stock costs ₹300 and the stall fee is ₹700. Is the budget enough? (a) Yes (b) No
  31. 31.True or false: “ice” is a one-time cost. (a) True (b) False
  32. 32.Diya’s stall budget is ₹670. A banner cost ₹230, ribbon cost ₹90 and paper cups cost ₹60. How many rupees of the budget are left?
  33. 33.Ishaan’s stall budget is ₹580. Seeds cost ₹200, lemons cost ₹40 and card paper cost ₹250. How many rupees of the budget are left?
  34. 34.Arjun has ₹390 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Arjun can buy?
  35. 35.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  36. 36.True or false: “sugar” is a running cost. (a) True (b) False
  37. 37.True or false: “a folding table” is a running cost. (a) True (b) False
  38. 38.Which of these is a one-time cost? (a) card paper (b) paper cups (c) a price board (d) sugar
  39. 39.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  40. 40.True or false: “sugar” is a one-time cost. (a) True (b) False

Answer key

  1. False
  2. 56
  3. 180
  4. 130
  5. 110
  6. 231
  7. 498
  8. a cloth banner
  9. lemons
  10. False
  11. 230
  12. 230
  13. 54
  14. 40
  15. paper cups
  16. tea leaves and milk
  17. ice
  18. Yes
  19. 248
  20. a cooler box
  21. No
  22. card paper
  23. Yes
  24. 90
  25. card paper
  26. sugar
  27. False
  28. Yes
  29. a folding table
  30. Yes
  31. False
  32. 290
  33. 90
  34. 97
  35. a running cost
  36. True
  37. False
  38. a price board
  39. a one-time cost
  40. False

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