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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 7 · 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: “card paper” is a running cost. (a) True (b) False
  2. 2.Which of these is a running cost? (a) card paper (b) a folding table (c) a cloth banner (d) a juicer
  3. 3.Tara has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  4. 4.True or false: “sugar” is a one-time cost. (a) True (b) False
  5. 5.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  6. 6.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  7. 7.Meera plans to make 24 clay diyas. Each needs ₹3 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  8. 8.Zoya’s stall budget is ₹650. Paper cups cost ₹150, seeds cost ₹70 and card paper cost ₹290. How many rupees of the budget are left?
  9. 9.Rohan has a budget of ₹500. The stock costs ₹250 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  10. 10.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  11. 11.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) a cloth banner (d) a juicer
  12. 12.Which of these is a one-time cost? (a) paper cups (b) sugar (c) seeds and soil (d) a cloth banner
  13. 13.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) a cash box (d) a price board
  14. 14.Kavya has ₹400 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Kavya can buy?
  15. 15.Kavya has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  16. 16.Aarav plans to make 48 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  17. 17.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  18. 18.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  19. 19.🔍 Which is the odd one out? (a) a cloth banner (b) sugar (c) a cooler box (d) a folding table
  20. 20.Tara has ₹390 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Tara can buy?
  21. 21.Which of these is a one-time cost? (a) a price board (b) lemons (c) tea leaves and milk (d) paper cups
  22. 22.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  23. 23.Rohan plans to make 29 bags of popcorn. Each needs ₹9 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  24. 24.Rohan plans to make 30 friendship bands. Each needs ₹8 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  25. 25.🔍 Which is the odd one out? (a) ice (b) tea leaves and milk (c) seeds and soil (d) a cooler box
  26. 26.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  27. 27.Gurpreet has a budget of ₹400. The stock costs ₹180 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  28. 28.True or false: “a price board” is a one-time cost. (a) False (b) True
  29. 29.Gurpreet’s stall budget is ₹550. Pots cost ₹130, napkins cost ₹140 and a price board cost ₹250. How many rupees of the budget are left?
  30. 30.Joseph plans to make 26 friendship bands. Each needs ₹9 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  31. 31.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  32. 32.Ananya’s stall budget is ₹350. Pots cost ₹70, paper cups cost ₹130 and a price board cost ₹100. How many rupees of the budget are left?
  33. 33.Diya has ₹90 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Diya can buy?
  34. 34.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  35. 35.Diya plans to make 48 jute bags. Each needs ₹10 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  36. 36.Diya has ₹490 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Diya can buy?
  37. 37.Nisha’s stall budget is ₹460. A banner cost ₹50, seeds cost ₹270 and card paper cost ₹80. How many rupees of the budget are left?
  38. 38.Arjun has ₹400 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Arjun can buy?
  39. 39.Which of these is a running cost? (a) tea leaves and milk (b) a juicer (c) a cash box (d) a cooler box
  40. 40.Which of these is a one-time cost? (a) sugar (b) a juicer (c) card paper (d) ice

Answer key

  1. True
  2. card paper
  3. Yes
  4. False
  5. a running cost
  6. a running cost
  7. 342
  8. 140
  9. No
  10. a running cost
  11. tea leaves and milk
  12. a cloth banner
  13. lemons
  14. 100
  15. No
  16. 336
  17. True
  18. a running cost
  19. sugar
  20. 97
  21. a price board
  22. True
  23. 381
  24. 490
  25. a cooler box
  26. a one-time cost
  27. No
  28. True
  29. 30
  30. 374
  31. a one-time cost
  32. 50
  33. 22
  34. a one-time cost
  35. 680
  36. 49
  37. 60
  38. 80
  39. tea leaves and milk
  40. a juicer

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