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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 73 · 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.Saanvi plans to make 33 potted plants. Each needs ₹6 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  2. 2.True or false: “a juicer” is a one-time cost. (a) False (b) True
  3. 3.Rohan’s stall budget is ₹710. Napkins cost ₹250, seeds cost ₹40 and sugar cost ₹220. How many rupees of the budget are left?
  4. 4.Which of these is a running cost? (a) a cash box (b) a folding table (c) a cloth banner (d) card paper
  5. 5.🔍 Which is the odd one out? (a) a folding table (b) tea leaves and milk (c) ice (d) card paper
  6. 6.Nisha has ₹280 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Nisha can buy?
  7. 7.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) a folding table (d) a cloth banner
  8. 8.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  9. 9.Which of these is a one-time cost? (a) lemons (b) ice (c) a juicer (d) paper cups
  10. 10.True or false: “a cooler box” is a running cost. (a) False (b) True
  11. 11.Which of these is a one-time cost? (a) card paper (b) a folding table (c) paper cups (d) seeds and soil
  12. 12.Which of these is a one-time cost? (a) a price board (b) tea leaves and milk (c) card paper (d) seeds and soil
  13. 13.True or false: “a folding table” is a running cost. (a) False (b) True
  14. 14.True or false: “lemons” is a one-time cost. (a) False (b) True
  15. 15.Nisha’s stall budget is ₹460. Paper cups cost ₹60, ribbon cost ₹50 and sugar cost ₹80. How many rupees of the budget are left?
  16. 16.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  17. 17.True or false: “a price board” is a one-time cost. (a) True (b) False
  18. 18.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  19. 19.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) card paper (d) a price board
  20. 20.Which of these is a running cost? (a) a folding table (b) a price board (c) a juicer (d) sugar
  21. 21.Ishaan has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹160. Is the budget enough? (a) No (b) Yes
  22. 22.Arjun has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  23. 23.Ishaan plans to make 39 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  24. 24.Gurpreet has a budget of ₹900. The stock costs ₹370 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
  25. 25.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  26. 26.Kabir has ₹200 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Kabir can buy?
  27. 27.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  28. 28.Which of these is a running cost? (a) a cooler box (b) ice (c) a cloth banner (d) a price board
  29. 29.Riya’s stall budget is ₹780. Seeds cost ₹220, napkins cost ₹280 and ribbon cost ₹60. How many rupees of the budget are left?
  30. 30.Farhan plans to make 36 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  31. 31.Meera has ₹260 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Meera can buy?
  32. 32.Ishaan has a budget of ₹600. The stock costs ₹170 and the stall fee is ₹410. Is the budget enough? (a) Yes (b) No
  33. 33.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  34. 34.True or false: “card paper” is a running cost. (a) True (b) False
  35. 35.True or false: “a cash box” is a one-time cost. (a) True (b) False
  36. 36.Which of these is a running cost? (a) a folding table (b) tea leaves and milk (c) a price board (d) a cooler box
  37. 37.Joseph has ₹220 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Joseph can buy?
  38. 38.True or false: “ice” is a running cost. (a) True (b) False
  39. 39.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) a cooler box (d) a juicer
  40. 40.Riya’s stall budget is ₹570. Card paper cost ₹170, seeds cost ₹220 and ribbon cost ₹100. How many rupees of the budget are left?

Answer key

  1. 258
  2. True
  3. 200
  4. card paper
  5. a folding table
  6. 14
  7. lemons
  8. a one-time cost
  9. a juicer
  10. False
  11. a folding table
  12. a price board
  13. False
  14. False
  15. 270
  16. a one-time cost
  17. True
  18. a one-time cost
  19. a price board
  20. sugar
  21. Yes
  22. No
  23. 228
  24. Yes
  25. a one-time cost
  26. 25
  27. a running cost
  28. ice
  29. 220
  30. 358
  31. 21
  32. Yes
  33. True
  34. True
  35. True
  36. tea leaves and milk
  37. 36
  38. True
  39. tea leaves and milk
  40. 80

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