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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 635 · 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: “ice” is a one-time cost. (a) True (b) False
  2. 2.Which of these is a one-time cost? (a) paper cups (b) a price board (c) tea leaves and milk (d) ice
  3. 3.Riya plans to make 26 potted plants. Each needs ₹10 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  4. 4.True or false: “a cooler box” is a running cost. (a) True (b) False
  5. 5.🔍 Which is the odd one out? (a) ice (b) lemons (c) a cash box (d) tea leaves and milk
  6. 6.Ananya’s stall budget is ₹560. A price board cost ₹60, napkins cost ₹130 and paper cups cost ₹270. How many rupees of the budget are left?
  7. 7.🔍 Which is the odd one out? (a) paper cups (b) ice (c) a cloth banner (d) seeds and soil
  8. 8.Nisha plans to make 19 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  9. 9.True or false: “a juicer” is a one-time cost. (a) False (b) True
  10. 10.True or false: “a folding table” is a running cost. (a) True (b) False
  11. 11.Which of these is a one-time cost? (a) a cloth banner (b) ice (c) sugar (d) paper cups
  12. 12.Ananya has ₹190 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Ananya can buy?
  13. 13.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  14. 14.Which of these is a one-time cost? (a) ice (b) lemons (c) a folding table (d) sugar
  15. 15.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) sugar (d) a folding table
  16. 16.True or false: “lemons” is a one-time cost. (a) False (b) True
  17. 17.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  18. 18.Which of these is a running cost? (a) a cash box (b) a juicer (c) card paper (d) a folding table
  19. 19.Which of these is a one-time cost? (a) ice (b) sugar (c) a juicer (d) tea leaves and milk
  20. 20.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  21. 21.Rohan has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  22. 22.Kabir has ₹70 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Kabir can buy?
  23. 23.Kavya plans to make 42 clay diyas. Each needs ₹10 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  24. 24.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  25. 25.Which of these is a running cost? (a) lemons (b) a folding table (c) a price board (d) a cloth banner
  26. 26.Aarav has ₹380 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Aarav can buy?
  27. 27.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) lemons (d) a cooler box
  28. 28.True or false: “a cash box” is a one-time cost. (a) True (b) False
  29. 29.Zoya plans to make 34 friendship bands. Each needs ₹5 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  30. 30.True or false: “a price board” is a running cost. (a) False (b) True
  31. 31.Arjun plans to make 16 clay diyas. Each needs ₹4 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  32. 32.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  33. 33.True or false: “paper cups” is a one-time cost. (a) True (b) False
  34. 34.Which of these is a running cost? (a) a juicer (b) ice (c) a cooler box (d) a price board
  35. 35.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  36. 36.Ishaan has ₹410 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Ishaan can buy?
  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: card paper? (a) a one-time cost (b) a running cost
  39. 39.Joseph has ₹260 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Joseph can buy?
  40. 40.True or false: “card paper” is a one-time cost. (a) True (b) False

Answer key

  1. False
  2. a price board
  3. 540
  4. False
  5. a cash box
  6. 100
  7. a cloth banner
  8. 390
  9. True
  10. False
  11. a cloth banner
  12. 38
  13. False
  14. a folding table
  15. sugar
  16. False
  17. a running cost
  18. card paper
  19. a juicer
  20. a one-time cost
  21. Yes
  22. 5
  23. 600
  24. False
  25. lemons
  26. 47
  27. lemons
  28. True
  29. 270
  30. False
  31. 234
  32. True
  33. False
  34. ice
  35. True
  36. 34
  37. a running cost
  38. a running cost
  39. 32
  40. False

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