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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 757 · 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.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  2. 2.Kabir plans to make 35 potted plants. Each needs ₹7 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  3. 3.True or false: “lemons” is a one-time cost. (a) False (b) True
  4. 4.True or false: “a folding table” is a one-time cost. (a) False (b) True
  5. 5.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) a folding table (d) paper cups
  6. 6.Zoya has a budget of ₹1000. The stock costs ₹210 and the stall fee is ₹820. Is the budget enough? (a) Yes (b) No
  7. 7.Which of these is a running cost? (a) a cash box (b) seeds and soil (c) a cloth banner (d) a juicer
  8. 8.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  9. 9.Farhan has a budget of ₹600. The stock costs ₹50 and the stall fee is ₹600. Is the budget enough? (a) Yes (b) No
  10. 10.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  11. 11.Which of these is a running cost? (a) a folding table (b) lemons (c) a cloth banner (d) a price board
  12. 12.🔍 Which is the odd one out? (a) a cash box (b) ice (c) seeds and soil (d) tea leaves and milk
  13. 13.Kabir has ₹310 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Kabir can buy?
  14. 14.🔍 Which is the odd one out? (a) ice (b) a cooler box (c) a folding table (d) a juicer
  15. 15.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) a cooler box (d) seeds and soil
  16. 16.🔍 Which is the odd one out? (a) sugar (b) a cooler box (c) a cloth banner (d) a price board
  17. 17.True or false: “a juicer” is a one-time cost. (a) True (b) False
  18. 18.Rohan’s stall budget is ₹840. Napkins cost ₹290, ribbon cost ₹140 and sugar cost ₹280. How many rupees of the budget are left?
  19. 19.Ananya’s stall budget is ₹840. Seeds cost ₹230, paper cups cost ₹110 and card paper cost ₹210. How many rupees of the budget are left?
  20. 20.Which of these is a running cost? (a) sugar (b) a folding table (c) a juicer (d) a price board
  21. 21.Rohan’s stall budget is ₹690. Lemons cost ₹90, pots cost ₹70 and paper cups cost ₹300. How many rupees of the budget are left?
  22. 22.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) a price board (d) a cloth banner
  23. 23.Meera has a budget of ₹400. The stock costs ₹150 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  24. 24.True or false: “card paper” is a running cost. (a) True (b) False
  25. 25.🔍 Which is the odd one out? (a) ice (b) paper cups (c) a juicer (d) sugar
  26. 26.Which of these is a one-time cost? (a) a cloth banner (b) ice (c) tea leaves and milk (d) sugar
  27. 27.Kabir has ₹470 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Kabir can buy?
  28. 28.True or false: “sugar” is a running cost. (a) False (b) True
  29. 29.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  30. 30.Ananya’s stall budget is ₹720. A banner cost ₹260, seeds cost ₹60 and pots cost ₹160. How many rupees of the budget are left?
  31. 31.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  32. 32.Diya plans to make 32 handmade cards. Each needs ₹8 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  33. 33.True or false: “seeds and soil” is a running cost. (a) False (b) True
  34. 34.Which of these is a running cost? (a) a juicer (b) a cooler box (c) tea leaves and milk (d) a price board
  35. 35.Aarav’s stall budget is ₹550. A price board cost ₹150, card paper cost ₹240 and sugar cost ₹120. How many rupees of the budget are left?
  36. 36.Kabir has ₹480 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Kabir can buy?
  37. 37.Vihaan’s stall budget is ₹540. Card paper cost ₹160, sugar cost ₹140 and a banner cost ₹220. How many rupees of the budget are left?
  38. 38.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  39. 39.Diya plans to make 19 cupcakes. Each needs ₹6 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  40. 40.Gurpreet has ₹470 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Gurpreet can buy?

Answer key

  1. a one-time cost
  2. 405
  3. False
  4. True
  5. a folding table
  6. No
  7. seeds and soil
  8. a running cost
  9. No
  10. True
  11. lemons
  12. a cash box
  13. 62
  14. ice
  15. seeds and soil
  16. sugar
  17. True
  18. 130
  19. 290
  20. sugar
  21. 230
  22. tea leaves and milk
  23. No
  24. True
  25. a juicer
  26. a cloth banner
  27. 23
  28. True
  29. a one-time cost
  30. 240
  31. a running cost
  32. 366
  33. True
  34. tea leaves and milk
  35. 40
  36. 32
  37. 20
  38. a one-time cost
  39. 304
  40. 39

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