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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 850 · 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.Riya has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹200. Is the budget enough? (a) Yes (b) No
  2. 2.Gurpreet’s stall budget is ₹510. Paper cups cost ₹90, napkins cost ₹260 and a banner cost ₹100. How many rupees of the budget are left?
  3. 3.Nisha has ₹310 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Nisha can buy?
  4. 4.Saanvi plans to make 33 jute bags. Each needs ₹4 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  5. 5.True or false: “a juicer” is a one-time cost. (a) True (b) False
  6. 6.Which of these is a one-time cost? (a) lemons (b) ice (c) a juicer (d) paper cups
  7. 7.🔍 Which is the odd one out? (a) sugar (b) a price board (c) a folding table (d) a cooler box
  8. 8.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  9. 9.Dev’s stall budget is ₹440. A banner cost ₹60, a price board cost ₹40 and seeds cost ₹280. How many rupees of the budget are left?
  10. 10.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  11. 11.True or false: “paper cups” is a one-time cost. (a) False (b) True
  12. 12.True or false: “a cash box” is a one-time cost. (a) True (b) False
  13. 13.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  14. 14.Which of these is a one-time cost? (a) paper cups (b) lemons (c) a folding table (d) sugar
  15. 15.Meera plans to make 23 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  16. 16.Diya has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  17. 17.Kabir has a budget of ₹600. The stock costs ₹100 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  18. 18.Riya plans to make 25 fruit cups. Each needs ₹3 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  19. 19.True or false: “card paper” is a running cost. (a) False (b) True
  20. 20.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  21. 21.Ananya plans to make 20 handmade cards. Each needs ₹8 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  22. 22.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  23. 23.Which of these is a one-time cost? (a) a cloth banner (b) lemons (c) tea leaves and milk (d) paper cups
  24. 24.True or false: “a cloth banner” is a running cost. (a) True (b) False
  25. 25.Tara has ₹240 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Tara can buy?
  26. 26.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  27. 27.Ishaan plans to make 19 cupcakes. Each needs ₹8 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  28. 28.Ananya’s stall budget is ₹620. Napkins cost ₹100, lemons cost ₹290 and paper cups cost ₹40. How many rupees of the budget are left?
  29. 29.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  30. 30.Joseph has ₹390 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Joseph can buy?
  31. 31.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  32. 32.Riya has a budget of ₹800. The stock costs ₹100 and the stall fee is ₹730. Is the budget enough? (a) Yes (b) No
  33. 33.Kavya’s stall budget is ₹790. Sugar cost ₹200, napkins cost ₹290 and lemons cost ₹150. How many rupees of the budget are left?
  34. 34.Which of these is a one-time cost? (a) card paper (b) a cash box (c) paper cups (d) ice
  35. 35.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) a folding table (d) sugar
  36. 36.True or false: “a juicer” is a running cost. (a) True (b) False
  37. 37.🔍 Which is the odd one out? (a) paper cups (b) a cash box (c) ice (d) seeds and soil
  38. 38.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  39. 39.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) lemons (d) a juicer
  40. 40.Rohan plans to make 21 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?

Answer key

  1. Yes
  2. 60
  3. 51
  4. 192
  5. True
  6. a juicer
  7. sugar
  8. a running cost
  9. 60
  10. a running cost
  11. False
  12. True
  13. a running cost
  14. a folding table
  15. 401
  16. No
  17. No
  18. 185
  19. True
  20. a one-time cost
  21. 250
  22. True
  23. a cloth banner
  24. False
  25. 12
  26. a one-time cost
  27. 362
  28. 190
  29. a running cost
  30. 39
  31. False
  32. No
  33. 150
  34. a cash box
  35. a folding table
  36. False
  37. a cash box
  38. a one-time cost
  39. lemons
  40. 332

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