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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 78 · 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 running cost. (a) False (b) True
  2. 2.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  3. 3.Kabir plans to make 46 cupcakes. Each needs ₹4 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  4. 4.Dev has a budget of ₹800. The stock costs ₹100 and the stall fee is ₹700. Is the budget enough? (a) No (b) Yes
  5. 5.🔍 Which is the odd one out? (a) a cooler box (b) lemons (c) a cash box (d) a folding table
  6. 6.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) tea leaves and milk (d) a cooler box
  7. 7.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) sugar (d) paper cups
  8. 8.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  9. 9.Dev plans to make 23 cupcakes. Each needs ₹2 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  10. 10.🔍 Which is the odd one out? (a) lemons (b) sugar (c) seeds and soil (d) a folding table
  11. 11.🔍 Which is the odd one out? (a) a juicer (b) tea leaves and milk (c) a cash box (d) a folding table
  12. 12.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) seeds and soil (d) a cloth banner
  13. 13.Joseph plans to make 35 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  14. 14.Kabir has a budget of ₹800. The stock costs ₹350 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  15. 15.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) card paper (d) a price board
  16. 16.Which of these is a running cost? (a) paper cups (b) a cash box (c) a cloth banner (d) a juicer
  17. 17.Which of these is a one-time cost? (a) a juicer (b) paper cups (c) sugar (d) lemons
  18. 18.True or false: “paper cups” is a running cost. (a) False (b) True
  19. 19.Aarav’s stall budget is ₹910. A price board cost ₹260, napkins cost ₹270 and paper cups cost ₹100. How many rupees of the budget are left?
  20. 20.🔍 Which is the odd one out? (a) tea leaves and milk (b) sugar (c) a cloth banner (d) paper cups
  21. 21.Vihaan has ₹160 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Vihaan can buy?
  22. 22.Which of these is a running cost? (a) a folding table (b) sugar (c) a cooler box (d) a cloth banner
  23. 23.Diya plans to make 14 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  24. 24.True or false: “a cooler box” is a running cost. (a) False (b) True
  25. 25.Which of these is a running cost? (a) a cooler box (b) tea leaves and milk (c) a juicer (d) a cash box
  26. 26.Saanvi has ₹100 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Saanvi can buy?
  27. 27.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  28. 28.Which of these is a one-time cost? (a) a cooler box (b) ice (c) paper cups (d) card paper
  29. 29.Zoya’s stall budget is ₹550. Card paper cost ₹180, lemons cost ₹40 and paper cups cost ₹140. How many rupees of the budget are left?
  30. 30.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  31. 31.Vihaan plans to make 12 friendship bands. Each needs ₹5 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  32. 32.Vihaan plans to make 44 potted plants. Each needs ₹3 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  33. 33.Joseph has ₹90 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Joseph can buy?
  34. 34.Lakshmi plans to make 14 friendship bands. Each needs ₹4 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  35. 35.Ishaan has a budget of ₹600. The stock costs ₹220 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  36. 36.Meera’s stall budget is ₹370. Sugar cost ₹130, seeds cost ₹30 and ribbon cost ₹50. How many rupees of the budget are left?
  37. 37.Meera has a budget of ₹1000. The stock costs ₹100 and the stall fee is ₹870. Is the budget enough? (a) Yes (b) No
  38. 38.Diya’s stall budget is ₹540. Lemons cost ₹50, sugar cost ₹300 and pots cost ₹80. How many rupees of the budget are left?
  39. 39.True or false: “a cash box” is a running cost. (a) True (b) False
  40. 40.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost

Answer key

  1. False
  2. a running cost
  3. 254
  4. Yes
  5. lemons
  6. a cooler box
  7. a cash box
  8. a one-time cost
  9. 306
  10. a folding table
  11. tea leaves and milk
  12. a cloth banner
  13. 430
  14. No
  15. a price board
  16. paper cups
  17. a juicer
  18. True
  19. 280
  20. a cloth banner
  21. 13
  22. sugar
  23. 148
  24. False
  25. tea leaves and milk
  26. 5
  27. a running cost
  28. a cooler box
  29. 190
  30. a running cost
  31. 160
  32. 252
  33. 9
  34. 116
  35. Yes
  36. 160
  37. Yes
  38. 110
  39. False
  40. a one-time cost

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