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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 720 · 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 one-time cost. (a) False (b) True
  2. 2.Kabir has ₹420 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Kabir can buy?
  3. 3.Nisha has ₹410 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Nisha can buy?
  4. 4.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  5. 5.Kavya has a budget of ₹1000. The stock costs ₹450 and the stall fee is ₹570. Is the budget enough? (a) Yes (b) No
  6. 6.Nisha has a budget of ₹800. The stock costs ₹280 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  7. 7.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  8. 8.Arjun’s stall budget is ₹370. Ribbon cost ₹30, a banner cost ₹60 and seeds cost ₹30. How many rupees of the budget are left?
  9. 9.Which of these is a running cost? (a) a folding table (b) sugar (c) a cash box (d) a juicer
  10. 10.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) a cooler box (d) seeds and soil
  11. 11.True or false: “card paper” is a running cost. (a) True (b) False
  12. 12.Zoya has ₹240 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Zoya can buy?
  13. 13.🔍 Which is the odd one out? (a) a price board (b) lemons (c) paper cups (d) tea leaves and milk
  14. 14.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  15. 15.Kavya has ₹250 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Kavya can buy?
  16. 16.Which of these is a running cost? (a) a folding table (b) a juicer (c) a cloth banner (d) ice
  17. 17.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  18. 18.Kavya plans to make 18 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  19. 19.Kavya has ₹180 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Kavya can buy?
  20. 20.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) ice (d) a juicer
  21. 21.Gurpreet has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹330. Is the budget enough? (a) Yes (b) No
  22. 22.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) a cooler box (d) ice
  23. 23.Kavya has ₹310 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Kavya can buy?
  24. 24.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  25. 25.🔍 Which is the odd one out? (a) a cooler box (b) paper cups (c) a price board (d) a cloth banner
  26. 26.Joseph has ₹480 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Joseph can buy?
  27. 27.True or false: “paper cups” is a one-time cost. (a) False (b) True
  28. 28.Ishaan has ₹80 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Ishaan can buy?
  29. 29.Tara’s stall budget is ₹150. A price board cost ₹20, sugar cost ₹20 and napkins cost ₹60. How many rupees of the budget are left?
  30. 30.Lakshmi has a budget of ₹900. The stock costs ₹180 and the stall fee is ₹750. Is the budget enough? (a) Yes (b) No
  31. 31.Gurpreet has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
  32. 32.True or false: “a folding table” is a running cost. (a) False (b) True
  33. 33.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  34. 34.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  35. 35.True or false: “paper cups” is a running cost. (a) False (b) True
  36. 36.Nisha’s stall budget is ₹610. Lemons cost ₹230, card paper cost ₹70 and seeds cost ₹290. How many rupees of the budget are left?
  37. 37.True or false: “sugar” is a running cost. (a) False (b) True
  38. 38.Zoya has ₹470 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Zoya can buy?
  39. 39.Vihaan has ₹470 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Vihaan can buy?
  40. 40.Which of these is a running cost? (a) a cooler box (b) a juicer (c) paper cups (d) a cloth banner

Answer key

  1. False
  2. 28
  3. 20
  4. a running cost
  5. No
  6. Yes
  7. a one-time cost
  8. 250
  9. sugar
  10. a cooler box
  11. True
  12. 40
  13. a price board
  14. a one-time cost
  15. 31
  16. ice
  17. a running cost
  18. 222
  19. 9
  20. a juicer
  21. No
  22. a cooler box
  23. 51
  24. a running cost
  25. paper cups
  26. 40
  27. False
  28. 8
  29. 50
  30. No
  31. Yes
  32. False
  33. a running cost
  34. a one-time cost
  35. True
  36. 20
  37. True
  38. 94
  39. 117
  40. paper cups

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