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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 70 · 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: “tea leaves and milk” is a running cost. (a) True (b) False
  2. 2.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  3. 3.Kabir’s stall budget is ₹760. Ribbon cost ₹80, paper cups cost ₹230 and a price board cost ₹150. How many rupees of the budget are left?
  4. 4.True or false: “a price board” is a running cost. (a) False (b) True
  5. 5.🔍 Which is the odd one out? (a) lemons (b) a price board (c) card paper (d) paper cups
  6. 6.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  7. 7.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  8. 8.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  9. 9.True or false: “sugar” is a one-time cost. (a) True (b) False
  10. 10.Which of these is a one-time cost? (a) card paper (b) paper cups (c) a cash box (d) ice
  11. 11.Joseph has a budget of ₹900. The stock costs ₹150 and the stall fee is ₹720. Is the budget enough? (a) No (b) Yes
  12. 12.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  13. 13.True or false: “card paper” is a running cost. (a) True (b) False
  14. 14.Which of these is a one-time cost? (a) a cooler box (b) card paper (c) seeds and soil (d) lemons
  15. 15.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  16. 16.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  17. 17.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) seeds and soil (d) a cash box
  18. 18.Tara plans to make 39 potted plants. Each needs ₹5 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  19. 19.Meera plans to make 35 bags of popcorn. Each needs ₹8 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  20. 20.Arjun has ₹230 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Arjun can buy?
  21. 21.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) paper cups (d) a cash box
  22. 22.Vihaan has ₹240 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Vihaan can buy?
  23. 23.Dev’s stall budget is ₹440. Lemons cost ₹210, a price board cost ₹40 and ribbon cost ₹160. How many rupees of the budget are left?
  24. 24.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  25. 25.🔍 Which is the odd one out? (a) a juicer (b) sugar (c) ice (d) paper cups
  26. 26.Joseph’s stall budget is ₹420. Sugar cost ₹100, seeds cost ₹40 and ribbon cost ₹130. How many rupees of the budget are left?
  27. 27.🔍 Which is the odd one out? (a) seeds and soil (b) lemons (c) sugar (d) a cash box
  28. 28.🔍 Which is the odd one out? (a) sugar (b) a juicer (c) a cooler box (d) a cash box
  29. 29.Tara plans to make 37 potted plants. Each needs ₹8 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  30. 30.Joseph has ₹130 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Joseph can buy?
  31. 31.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  32. 32.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) tea leaves and milk (d) a folding table
  33. 33.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  34. 34.Which of these is a one-time cost? (a) a cloth banner (b) sugar (c) ice (d) paper cups
  35. 35.Joseph plans to make 32 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  36. 36.Arjun plans to make 27 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  37. 37.Which of these is a running cost? (a) a folding table (b) paper cups (c) a cooler box (d) a price board
  38. 38.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  39. 39.Gurpreet has ₹500 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Gurpreet can buy?
  40. 40.Dev has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹300. Is the budget enough? (a) No (b) Yes

Answer key

  1. True
  2. True
  3. 300
  4. False
  5. a price board
  6. a one-time cost
  7. a one-time cost
  8. a running cost
  9. False
  10. a cash box
  11. Yes
  12. a one-time cost
  13. True
  14. a cooler box
  15. a running cost
  16. a one-time cost
  17. seeds and soil
  18. 345
  19. 440
  20. 57
  21. paper cups
  22. 24
  23. 30
  24. True
  25. a juicer
  26. 150
  27. a cash box
  28. sugar
  29. 566
  30. 16
  31. False
  32. tea leaves and milk
  33. a one-time cost
  34. a cloth banner
  35. 414
  36. 241
  37. paper cups
  38. a running cost
  39. 25
  40. No

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