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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 730 · 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 folding table” is a running cost. (a) False (b) True
  2. 2.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  3. 3.True or false: “a cash box” is a one-time cost. (a) True (b) False
  4. 4.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a cloth banner (d) paper cups
  5. 5.Which of these is a one-time cost? (a) a folding table (b) lemons (c) tea leaves and milk (d) sugar
  6. 6.Kavya’s stall budget is ₹400. Seeds cost ₹30, a banner cost ₹90 and paper cups cost ₹120. How many rupees of the budget are left?
  7. 7.Rohan has a budget of ₹500. The stock costs ₹150 and the stall fee is ₹330. Is the budget enough? (a) Yes (b) No
  8. 8.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) a juicer (d) sugar
  9. 9.Tara’s stall budget is ₹660. Seeds cost ₹120, lemons cost ₹90 and card paper cost ₹160. How many rupees of the budget are left?
  10. 10.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  11. 11.Arjun plans to make 25 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  12. 12.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  13. 13.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  14. 14.Kabir has ₹50 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Kabir can buy?
  15. 15.Dev has a budget of ₹1000. The stock costs ₹350 and the stall fee is ₹670. Is the budget enough? (a) Yes (b) No
  16. 16.Farhan has a budget of ₹1000. The stock costs ₹440 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes
  17. 17.Which of these is a running cost? (a) a folding table (b) a cash box (c) card paper (d) a cooler box
  18. 18.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a folding table (d) tea leaves and milk
  19. 19.Saanvi plans to make 32 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  20. 20.True or false: “a folding table” is a one-time cost. (a) False (b) True
  21. 21.Vihaan plans to make 49 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  22. 22.Gurpreet has ₹500 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Gurpreet can buy?
  23. 23.Kavya plans to make 24 cupcakes. Each needs ₹2 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  24. 24.True or false: “a cooler box” is a running cost. (a) True (b) False
  25. 25.Saanvi’s stall budget is ₹630. Napkins cost ₹120, a price board cost ₹210 and sugar cost ₹260. How many rupees of the budget are left?
  26. 26.Kavya has ₹190 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Kavya can buy?
  27. 27.Vihaan plans to make 38 jute bags. Each needs ₹4 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  28. 28.Vihaan’s stall budget is ₹770. Ribbon cost ₹290, lemons cost ₹290 and a price board cost ₹150. How many rupees of the budget are left?
  29. 29.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) a folding table (d) lemons
  30. 30.Ishaan plans to make 37 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  31. 31.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) sugar (d) a cash box
  32. 32.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  33. 33.True or false: “ice” is a running cost. (a) False (b) True
  34. 34.Diya has ₹340 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Diya can buy?
  35. 35.Dev’s stall budget is ₹430. Paper cups cost ₹40, seeds cost ₹220 and a banner cost ₹120. How many rupees of the budget are left?
  36. 36.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) card paper (d) a cash box
  37. 37.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  38. 38.True or false: “lemons” is a running cost. (a) False (b) True
  39. 39.Which of these is a one-time cost? (a) sugar (b) a cash box (c) seeds and soil (d) card paper
  40. 40.Kabir plans to make 20 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?

Answer key

  1. False
  2. a one-time cost
  3. True
  4. paper cups
  5. a folding table
  6. 160
  7. Yes
  8. sugar
  9. 290
  10. a one-time cost
  11. 385
  12. a one-time cost
  13. a running cost
  14. 12
  15. No
  16. Yes
  17. card paper
  18. tea leaves and milk
  19. 420
  20. True
  21. 375
  22. 125
  23. 288
  24. False
  25. 40
  26. 38
  27. 232
  28. 40
  29. lemons
  30. 334
  31. sugar
  32. a running cost
  33. True
  34. 22
  35. 50
  36. card paper
  37. a running cost
  38. True
  39. a cash box
  40. 280

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