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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 823 · 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.Rohan plans to make 30 potted plants. Each needs ₹6 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  2. 2.Which of these is a running cost? (a) a cloth banner (b) card paper (c) a cooler box (d) a folding table
  3. 3.Saanvi’s stall budget is ₹420. Lemons cost ₹70, card paper cost ₹20 and a price board cost ₹260. How many rupees of the budget are left?
  4. 4.True or false: “card paper” is a one-time cost. (a) True (b) False
  5. 5.Kavya has a budget of ₹1000. The stock costs ₹380 and the stall fee is ₹640. Is the budget enough? (a) Yes (b) No
  6. 6.Which of these is a running cost? (a) ice (b) a juicer (c) a folding table (d) a price board
  7. 7.True or false: “a folding table” is a running cost. (a) True (b) False
  8. 8.Arjun’s stall budget is ₹390. Paper cups cost ₹120, card paper cost ₹20 and lemons cost ₹110. How many rupees of the budget are left?
  9. 9.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) lemons (d) a cloth banner
  10. 10.Zoya’s stall budget is ₹830. Pots cost ₹60, a price board cost ₹290 and lemons cost ₹210. How many rupees of the budget are left?
  11. 11.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  12. 12.🔍 Which is the odd one out? (a) ice (b) a price board (c) a cash box (d) a cooler box
  13. 13.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  14. 14.Joseph plans to make 23 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  15. 15.Joseph plans to make 11 cupcakes. Each needs ₹2 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  16. 16.Ananya has ₹500 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Ananya can buy?
  17. 17.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) ice (d) a cash box
  18. 18.Farhan has ₹180 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Farhan can buy?
  19. 19.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) a cloth banner (d) tea leaves and milk
  20. 20.🔍 Which is the odd one out? (a) sugar (b) a cooler box (c) a price board (d) a folding table
  21. 21.Vihaan has a budget of ₹700. The stock costs ₹120 and the stall fee is ₹620. Is the budget enough? (a) Yes (b) No
  22. 22.🔍 Which is the odd one out? (a) seeds and soil (b) ice (c) a cash box (d) card paper
  23. 23.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  24. 24.True or false: “a cloth banner” is a running cost. (a) False (b) True
  25. 25.Diya plans to make 29 cupcakes. Each needs ₹2 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  26. 26.Which of these is a running cost? (a) a price board (b) a cooler box (c) tea leaves and milk (d) a cash box
  27. 27.Which of these is a one-time cost? (a) lemons (b) paper cups (c) seeds and soil (d) a juicer
  28. 28.Ishaan has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  29. 29.Meera plans to make 30 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  30. 30.Diya has ₹480 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Diya can buy?
  31. 31.Which of these is a running cost? (a) a price board (b) a cloth banner (c) a cash box (d) seeds and soil
  32. 32.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  33. 33.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  34. 34.Kavya has a budget of ₹800. The stock costs ₹160 and the stall fee is ₹650. Is the budget enough? (a) No (b) Yes
  35. 35.Nisha plans to make 12 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  36. 36.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  37. 37.Rohan has ₹230 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Rohan can buy?
  38. 38.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  39. 39.Zoya plans to make 39 cupcakes. Each needs ₹7 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  40. 40.Diya has ₹300 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Diya can buy?

Answer key

  1. 340
  2. card paper
  3. 70
  4. False
  5. No
  6. ice
  7. False
  8. 140
  9. a cloth banner
  10. 270
  11. a running cost
  12. ice
  13. True
  14. 484
  15. 92
  16. 41
  17. a cash box
  18. 12
  19. tea leaves and milk
  20. sugar
  21. No
  22. a cash box
  23. a one-time cost
  24. False
  25. 178
  26. tea leaves and milk
  27. a juicer
  28. No
  29. 280
  30. 96
  31. seeds and soil
  32. a one-time cost
  33. a one-time cost
  34. No
  35. 244
  36. a running cost
  37. 57
  38. a running cost
  39. 563
  40. 25

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