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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 716 · 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: “a juicer” is a one-time cost. (a) True (b) False
  2. 2.Arjun has ₹90 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Arjun can buy?
  3. 3.Arjun’s stall budget is ₹590. Pots cost ₹170, sugar cost ₹180 and lemons cost ₹100. How many rupees of the budget are left?
  4. 4.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  5. 5.Ananya has ₹290 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Ananya can buy?
  6. 6.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) a cash box (d) a cloth banner
  7. 7.True or false: “a cloth banner” is a running cost. (a) True (b) False
  8. 8.Ananya plans to make 14 jute bags. Each needs ₹7 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  9. 9.Aarav’s stall budget is ₹390. Pots cost ₹210, ribbon cost ₹30 and a price board cost ₹40. How many rupees of the budget are left?
  10. 10.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  11. 11.True or false: “ice” is a running cost. (a) False (b) True
  12. 12.Vihaan’s stall budget is ₹500. Pots cost ₹210, paper cups cost ₹140 and napkins cost ₹50. How many rupees of the budget are left?
  13. 13.Gurpreet has a budget of ₹900. The stock costs ₹300 and the stall fee is ₹650. Is the budget enough? (a) Yes (b) No
  14. 14.True or false: “lemons” is a one-time cost. (a) True (b) False
  15. 15.Gurpreet’s stall budget is ₹660. A banner cost ₹250, ribbon cost ₹70 and lemons cost ₹260. How many rupees of the budget are left?
  16. 16.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  17. 17.Dev plans to make 13 bags of popcorn. Each needs ₹8 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  18. 18.Saanvi has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  19. 19.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  20. 20.Which of these is a running cost? (a) lemons (b) a juicer (c) a cooler box (d) a price board
  21. 21.🔍 Which is the odd one out? (a) ice (b) sugar (c) lemons (d) a price board
  22. 22.Arjun has a budget of ₹500. The stock costs ₹160 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
  23. 23.True or false: “a folding table” is a one-time cost. (a) False (b) True
  24. 24.🔍 Which is the odd one out? (a) tea leaves and milk (b) sugar (c) a folding table (d) seeds and soil
  25. 25.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  26. 26.Dev’s stall budget is ₹920. Pots cost ₹300, a price board cost ₹190 and napkins cost ₹220. How many rupees of the budget are left?
  27. 27.Zoya has a budget of ₹600. The stock costs ₹200 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  28. 28.Kabir plans to make 48 handmade cards. Each needs ₹6 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  29. 29.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) a price board (d) tea leaves and milk
  30. 30.Tara’s stall budget is ₹590. Sugar cost ₹180, a price board cost ₹30 and napkins cost ₹250. How many rupees of the budget are left?
  31. 31.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  32. 32.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  33. 33.Nisha plans to make 41 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  34. 34.True or false: “a cooler box” is a running cost. (a) True (b) False
  35. 35.Riya plans to make 33 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  36. 36.Lakshmi has a budget of ₹1000. The stock costs ₹230 and the stall fee is ₹750. Is the budget enough? (a) Yes (b) No
  37. 37.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  38. 38.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  39. 39.Zoya’s stall budget is ₹570. Paper cups cost ₹30, pots cost ₹70 and lemons cost ₹270. How many rupees of the budget are left?
  40. 40.Which of these is a one-time cost? (a) lemons (b) ice (c) a price board (d) paper cups

Answer key

  1. True
  2. 11
  3. 140
  4. a one-time cost
  5. 29
  6. paper cups
  7. False
  8. 398
  9. 110
  10. a one-time cost
  11. True
  12. 100
  13. No
  14. False
  15. 80
  16. a one-time cost
  17. 324
  18. Yes
  19. a running cost
  20. lemons
  21. a price board
  22. No
  23. True
  24. a folding table
  25. a running cost
  26. 210
  27. Yes
  28. 438
  29. tea leaves and milk
  30. 130
  31. a running cost
  32. a running cost
  33. 413
  34. False
  35. 418
  36. Yes
  37. a running cost
  38. a running cost
  39. 200
  40. a price board

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