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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 700 · 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.Which of these is a running cost? (a) a folding table (b) sugar (c) a price board (d) a cash box
  2. 2.Which of these is a running cost? (a) ice (b) a cash box (c) a price board (d) a juicer
  3. 3.Vihaan’s stall budget is ₹660. Paper cups cost ₹70, sugar cost ₹110 and ribbon cost ₹290. How many rupees of the budget are left?
  4. 4.True or false: “lemons” is a one-time cost. (a) True (b) False
  5. 5.Which of these is a running cost? (a) seeds and soil (b) a cash box (c) a folding table (d) a juicer
  6. 6.Which of these is a running cost? (a) a cash box (b) paper cups (c) a cloth banner (d) a price board
  7. 7.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  8. 8.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) tea leaves and milk (d) a cloth banner
  9. 9.Vihaan has a budget of ₹1000. The stock costs ₹420 and the stall fee is ₹570. Is the budget enough? (a) Yes (b) No
  10. 10.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  11. 11.Riya has ₹180 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Riya can buy?
  12. 12.Meera’s stall budget is ₹490. Napkins cost ₹60, pots cost ₹50 and a price board cost ₹240. How many rupees of the budget are left?
  13. 13.Diya has ₹90 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Diya can buy?
  14. 14.True or false: “a cooler box” is a running cost. (a) True (b) False
  15. 15.Ishaan has ₹460 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Ishaan can buy?
  16. 16.Kavya has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  17. 17.🔍 Which is the odd one out? (a) a juicer (b) lemons (c) a cloth banner (d) a folding table
  18. 18.True or false: “paper cups” is a running cost. (a) False (b) True
  19. 19.Saanvi has a budget of ₹700. The stock costs ₹250 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  20. 20.Meera’s stall budget is ₹630. Napkins cost ₹40, a price board cost ₹290 and a banner cost ₹130. How many rupees of the budget are left?
  21. 21.Tara plans to make 22 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  22. 22.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) tea leaves and milk (d) a folding table
  23. 23.Rohan’s stall budget is ₹610. A banner cost ₹280, pots cost ₹40 and lemons cost ₹150. How many rupees of the budget are left?
  24. 24.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) a juicer (d) paper cups
  25. 25.Lakshmi plans to make 37 cupcakes. Each needs ₹7 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  26. 26.🔍 Which is the odd one out? (a) lemons (b) paper cups (c) sugar (d) a folding table
  27. 27.Kavya plans to make 32 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  28. 28.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  29. 29.Riya plans to make 28 handmade cards. Each needs ₹6 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  30. 30.Joseph plans to make 18 potted plants. Each needs ₹2 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  31. 31.Saanvi’s stall budget is ₹850. Lemons cost ₹260, sugar cost ₹150 and a banner cost ₹160. How many rupees of the budget are left?
  32. 32.Meera plans to make 22 painted pebbles. Each needs ₹6 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  33. 33.Ishaan’s stall budget is ₹940. A banner cost ₹220, seeds cost ₹150 and lemons cost ₹290. How many rupees of the budget are left?
  34. 34.Joseph has ₹370 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?
  35. 35.Which of these is a one-time cost? (a) a price board (b) sugar (c) lemons (d) paper cups
  36. 36.Ishaan’s stall budget is ₹650. Seeds cost ₹190, lemons cost ₹200 and ribbon cost ₹220. How many rupees of the budget are left?
  37. 37.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  38. 38.Nisha’s stall budget is ₹640. Seeds cost ₹220, card paper cost ₹180 and napkins cost ₹30. How many rupees of the budget are left?
  39. 39.Diya has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  40. 40.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost

Answer key

  1. sugar
  2. ice
  3. 190
  4. False
  5. seeds and soil
  6. paper cups
  7. a running cost
  8. a cloth banner
  9. Yes
  10. True
  11. 45
  12. 140
  13. 9
  14. False
  15. 76
  16. No
  17. lemons
  18. True
  19. No
  20. 170
  21. 450
  22. tea leaves and milk
  23. 140
  24. paper cups
  25. 549
  26. a folding table
  27. 418
  28. a one-time cost
  29. 418
  30. 276
  31. 280
  32. 192
  33. 280
  34. 46
  35. a price board
  36. 40
  37. False
  38. 210
  39. Yes
  40. a one-time cost

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