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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 617 · 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.Kabir has a budget of ₹600. The stock costs ₹280 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  2. 2.Dev’s stall budget is ₹480. Sugar cost ₹260, pots cost ₹20 and seeds cost ₹40. How many rupees of the budget are left?
  3. 3.Arjun’s stall budget is ₹730. Lemons cost ₹250, sugar cost ₹50 and a banner cost ₹170. How many rupees of the budget are left?
  4. 4.Saanvi has ₹280 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Saanvi can buy?
  5. 5.🔍 Which is the odd one out? (a) lemons (b) a cash box (c) seeds and soil (d) paper cups
  6. 6.Which of these is a one-time cost? (a) sugar (b) lemons (c) seeds and soil (d) a price board
  7. 7.Dev’s stall budget is ₹500. Lemons cost ₹140, ribbon cost ₹80 and a banner cost ₹170. How many rupees of the budget are left?
  8. 8.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) paper cups (d) a folding table
  9. 9.Saanvi has a budget of ₹700. The stock costs ₹350 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  10. 10.True or false: “a juicer” is a running cost. (a) True (b) False
  11. 11.Ishaan has a budget of ₹900. The stock costs ₹370 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes
  12. 12.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  13. 13.🔍 Which is the odd one out? (a) seeds and soil (b) a folding table (c) a juicer (d) a cash box
  14. 14.Lakshmi’s stall budget is ₹450. A banner cost ₹70, paper cups cost ₹50 and lemons cost ₹130. How many rupees of the budget are left?
  15. 15.Aarav plans to make 44 friendship bands. Each needs ₹9 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  16. 16.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  17. 17.Aarav has ₹480 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Aarav can buy?
  18. 18.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) a folding table (d) seeds and soil
  19. 19.Which of these is a one-time cost? (a) sugar (b) lemons (c) a cooler box (d) tea leaves and milk
  20. 20.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  21. 21.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  22. 22.Zoya plans to make 35 handmade cards. Each needs ₹8 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  23. 23.🔍 Which is the odd one out? (a) lemons (b) card paper (c) tea leaves and milk (d) a cooler box
  24. 24.Vihaan has ₹50 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Vihaan can buy?
  25. 25.🔍 Which is the odd one out? (a) a juicer (b) ice (c) a cooler box (d) a folding table
  26. 26.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  27. 27.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  28. 28.True or false: “paper cups” is a one-time cost. (a) False (b) True
  29. 29.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) lemons (d) a price board
  30. 30.Rohan’s stall budget is ₹800. Seeds cost ₹290, a price board cost ₹90 and paper cups cost ₹200. How many rupees of the budget are left?
  31. 31.True or false: “sugar” is a running cost. (a) True (b) False
  32. 32.Aarav’s stall budget is ₹530. Paper cups cost ₹70, napkins cost ₹130 and lemons cost ₹110. How many rupees of the budget are left?
  33. 33.Joseph’s stall budget is ₹510. A banner cost ₹120, paper cups cost ₹70 and card paper cost ₹180. How many rupees of the budget are left?
  34. 34.Saanvi plans to make 24 friendship bands. Each needs ₹5 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  35. 35.True or false: “a juicer” is a one-time cost. (a) True (b) False
  36. 36.Which of these is a running cost? (a) a cooler box (b) a price board (c) ice (d) a juicer
  37. 37.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  38. 38.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  39. 39.Diya has a budget of ₹800. The stock costs ₹50 and the stall fee is ₹770. Is the budget enough? (a) No (b) Yes
  40. 40.Vihaan’s stall budget is ₹760. Sugar cost ₹300, a price board cost ₹240 and card paper cost ₹200. How many rupees of the budget are left?

Answer key

  1. Yes
  2. 160
  3. 260
  4. 46
  5. a cash box
  6. a price board
  7. 110
  8. paper cups
  9. No
  10. False
  11. No
  12. True
  13. seeds and soil
  14. 200
  15. 566
  16. a one-time cost
  17. 40
  18. seeds and soil
  19. a cooler box
  20. a running cost
  21. a one-time cost
  22. 580
  23. a cooler box
  24. 3
  25. ice
  26. a running cost
  27. a one-time cost
  28. False
  29. lemons
  30. 220
  31. True
  32. 220
  33. 140
  34. 360
  35. True
  36. ice
  37. a running cost
  38. a running cost
  39. No
  40. 20

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