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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 661 · 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.Ishaan has a budget of ₹800. The stock costs ₹200 and the stall fee is ₹580. Is the budget enough? (a) No (b) Yes
  2. 2.True or false: “a cooler box” is a running cost. (a) True (b) False
  3. 3.True or false: “ice” is a one-time cost. (a) True (b) False
  4. 4.True or false: “a juicer” is a running cost. (a) False (b) True
  5. 5.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  6. 6.Saanvi’s stall budget is ₹720. A price board cost ₹80, card paper cost ₹280 and pots cost ₹90. How many rupees of the budget are left?
  7. 7.Diya has ₹90 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Diya can buy?
  8. 8.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  9. 9.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  10. 10.Joseph plans to make 43 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  11. 11.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) seeds and soil (d) a cash box
  12. 12.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) paper cups (d) a cooler box
  13. 13.Diya plans to make 22 handmade cards. Each needs ₹4 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  14. 14.Meera has ₹280 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Meera can buy?
  15. 15.Rohan’s stall budget is ₹400. Pots cost ₹150, napkins cost ₹50 and paper cups cost ₹130. How many rupees of the budget are left?
  16. 16.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  17. 17.Aarav has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  18. 18.True or false: “a price board” is a one-time cost. (a) True (b) False
  19. 19.Which of these is a one-time cost? (a) ice (b) seeds and soil (c) paper cups (d) a folding table
  20. 20.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  21. 21.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a juicer (d) card paper
  22. 22.Diya’s stall budget is ₹540. Pots cost ₹180, sugar cost ₹70 and a banner cost ₹170. How many rupees of the budget are left?
  23. 23.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  24. 24.Zoya has ₹170 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Zoya can buy?
  25. 25.Which of these is a running cost? (a) a cooler box (b) a cash box (c) card paper (d) a price board
  26. 26.Which of these is a one-time cost? (a) ice (b) sugar (c) card paper (d) a price board
  27. 27.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  28. 28.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) sugar (d) seeds and soil
  29. 29.Nisha’s stall budget is ₹920. Seeds cost ₹260, napkins cost ₹150 and pots cost ₹290. How many rupees of the budget are left?
  30. 30.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) card paper (d) ice
  31. 31.Which of these is a running cost? (a) a juicer (b) a cooler box (c) a cash box (d) lemons
  32. 32.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) a folding table (d) ice
  33. 33.Aarav’s stall budget is ₹720. Pots cost ₹150, lemons cost ₹280 and seeds cost ₹220. How many rupees of the budget are left?
  34. 34.Arjun has ₹280 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Arjun can buy?
  35. 35.Riya’s stall budget is ₹690. Lemons cost ₹200, sugar cost ₹210 and card paper cost ₹220. How many rupees of the budget are left?
  36. 36.True or false: “lemons” is a one-time cost. (a) False (b) True
  37. 37.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  38. 38.Gurpreet has ₹380 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Gurpreet can buy?
  39. 39.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  40. 40.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) a cooler box (d) seeds and soil

Answer key

  1. Yes
  2. False
  3. False
  4. False
  5. a running cost
  6. 270
  7. 4
  8. a one-time cost
  9. a one-time cost
  10. 468
  11. seeds and soil
  12. a cooler box
  13. 308
  14. 56
  15. 70
  16. a one-time cost
  17. No
  18. True
  19. a folding table
  20. a one-time cost
  21. card paper
  22. 120
  23. a one-time cost
  24. 14
  25. card paper
  26. a price board
  27. a running cost
  28. a cooler box
  29. 220
  30. a cash box
  31. lemons
  32. a folding table
  33. 70
  34. 23
  35. 60
  36. False
  37. a running cost
  38. 76
  39. True
  40. seeds and soil

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