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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 841 · 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: “paper cups” is a one-time cost. (a) False (b) True
  2. 2.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  3. 3.Vihaan plans to make 23 fruit cups. Each needs ₹4 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  4. 4.Which of these is a one-time cost? (a) card paper (b) ice (c) sugar (d) a cooler box
  5. 5.Gurpreet has ₹250 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Gurpreet can buy?
  6. 6.Meera has a budget of ₹700. The stock costs ₹130 and the stall fee is ₹610. Is the budget enough? (a) No (b) Yes
  7. 7.True or false: “a folding table” is a one-time cost. (a) True (b) False
  8. 8.Ananya plans to make 21 clay diyas. Each needs ₹8 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  9. 9.Which of these is a one-time cost? (a) lemons (b) sugar (c) paper cups (d) a price board
  10. 10.Which of these is a running cost? (a) a cash box (b) a folding table (c) a cooler box (d) sugar
  11. 11.Zoya has a budget of ₹700. The stock costs ₹90 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  12. 12.Saanvi plans to make 45 friendship bands. Each needs ₹2 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  13. 13.Rohan has a budget of ₹800. The stock costs ₹330 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  14. 14.Tara has ₹450 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Tara can buy?
  15. 15.Riya’s stall budget is ₹610. Card paper cost ₹40, pots cost ₹230 and a price board cost ₹180. How many rupees of the budget are left?
  16. 16.Zoya has a budget of ₹1000. The stock costs ₹350 and the stall fee is ₹630. Is the budget enough? (a) No (b) Yes
  17. 17.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  18. 18.Which of these is a running cost? (a) paper cups (b) a juicer (c) a folding table (d) a cooler box
  19. 19.🔍 Which is the odd one out? (a) a juicer (b) ice (c) a cooler box (d) a folding table
  20. 20.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  21. 21.🔍 Which is the odd one out? (a) tea leaves and milk (b) a price board (c) a cooler box (d) a cloth banner
  22. 22.Which of these is a running cost? (a) a folding table (b) a juicer (c) card paper (d) a cash box
  23. 23.🔍 Which is the odd one out? (a) a folding table (b) seeds and soil (c) a price board (d) a cooler box
  24. 24.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) a cloth banner (d) paper cups
  25. 25.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  26. 26.Meera has a budget of ₹600. The stock costs ₹240 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  27. 27.Lakshmi has ₹460 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Lakshmi can buy?
  28. 28.Saanvi has ₹130 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Saanvi can buy?
  29. 29.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) a folding table (d) a cash box
  30. 30.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  31. 31.Diya has ₹310 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Diya can buy?
  32. 32.True or false: “paper cups” is a running cost. (a) True (b) False
  33. 33.Joseph’s stall budget is ₹890. Card paper cost ₹280, seeds cost ₹180 and paper cups cost ₹240. How many rupees of the budget are left?
  34. 34.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  35. 35.Gurpreet has ₹380 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Gurpreet can buy?
  36. 36.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) a cloth banner (d) card paper
  37. 37.Farhan’s stall budget is ₹730. Ribbon cost ₹120, a price board cost ₹120 and lemons cost ₹290. How many rupees of the budget are left?
  38. 38.🔍 Which is the odd one out? (a) a folding table (b) paper cups (c) sugar (d) ice
  39. 39.Dev’s stall budget is ₹510. Napkins cost ₹40, seeds cost ₹140 and lemons cost ₹50. How many rupees of the budget are left?
  40. 40.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost

Answer key

  1. False
  2. a one-time cost
  3. 332
  4. a cooler box
  5. 12
  6. No
  7. True
  8. 348
  9. a price board
  10. sugar
  11. No
  12. 170
  13. No
  14. 90
  15. 160
  16. Yes
  17. a running cost
  18. paper cups
  19. ice
  20. a running cost
  21. tea leaves and milk
  22. card paper
  23. seeds and soil
  24. a cloth banner
  25. a one-time cost
  26. Yes
  27. 92
  28. 8
  29. paper cups
  30. a running cost
  31. 25
  32. True
  33. 190
  34. a one-time cost
  35. 25
  36. card paper
  37. 200
  38. a folding table
  39. 280
  40. a running cost

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