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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 870 · 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: “ice” is a one-time cost. (a) False (b) True
  2. 2.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  3. 3.Rohan has ₹220 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Rohan can buy?
  4. 4.Which of these is a one-time cost? (a) sugar (b) paper cups (c) a folding table (d) lemons
  5. 5.True or false: “ice” is a running cost. (a) True (b) False
  6. 6.Ananya has ₹420 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Ananya can buy?
  7. 7.Which of these is a one-time cost? (a) a cloth banner (b) lemons (c) seeds and soil (d) tea leaves and milk
  8. 8.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) seeds and soil (d) a juicer
  9. 9.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  10. 10.Kavya plans to make 36 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  11. 11.Gurpreet has ₹490 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Gurpreet can buy?
  12. 12.True or false: “a price board” is a one-time cost. (a) False (b) True
  13. 13.Saanvi’s stall budget is ₹560. Card paper cost ₹70, pots cost ₹170 and seeds cost ₹200. How many rupees of the budget are left?
  14. 14.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  15. 15.Arjun has a budget of ₹700. The stock costs ₹190 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  16. 16.Lakshmi plans to make 41 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  17. 17.Ananya plans to make 30 clay diyas. Each needs ₹8 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  18. 18.Joseph has ₹110 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Joseph can buy?
  19. 19.Meera has a budget of ₹600. The stock costs ₹300 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  20. 20.Rohan has a budget of ₹500. The stock costs ₹150 and the stall fee is ₹370. Is the budget enough? (a) Yes (b) No
  21. 21.Gurpreet’s stall budget is ₹530. A price board cost ₹100, napkins cost ₹140 and a banner cost ₹170. How many rupees of the budget are left?
  22. 22.Which of these is a running cost? (a) a cooler box (b) paper cups (c) a cash box (d) a folding table
  23. 23.🔍 Which is the odd one out? (a) seeds and soil (b) a folding table (c) lemons (d) tea leaves and milk
  24. 24.Gurpreet plans to make 19 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  25. 25.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) a cash box (d) a cooler box
  26. 26.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) a cloth banner (d) a folding table
  27. 27.Riya has ₹140 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Riya can buy?
  28. 28.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  29. 29.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  30. 30.Which of these is a one-time cost? (a) sugar (b) paper cups (c) tea leaves and milk (d) a cash box
  31. 31.Tara’s stall budget is ₹710. Seeds cost ₹140, ribbon cost ₹220 and pots cost ₹150. How many rupees of the budget are left?
  32. 32.Which of these is a one-time cost? (a) ice (b) sugar (c) card paper (d) a juicer
  33. 33.Rohan has a budget of ₹700. The stock costs ₹120 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  34. 34.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  35. 35.Which of these is a running cost? (a) a juicer (b) seeds and soil (c) a price board (d) a cloth banner
  36. 36.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  37. 37.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  38. 38.Which of these is a running cost? (a) a cash box (b) a price board (c) a folding table (d) tea leaves and milk
  39. 39.Which of these is a one-time cost? (a) paper cups (b) card paper (c) a cooler box (d) tea leaves and milk
  40. 40.Nisha has a budget of ₹700. The stock costs ₹260 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No

Answer key

  1. False
  2. a one-time cost
  3. 11
  4. a folding table
  5. True
  6. 28
  7. a cloth banner
  8. seeds and soil
  9. True
  10. 428
  11. 40
  12. True
  13. 120
  14. a one-time cost
  15. No
  16. 373
  17. 400
  18. 9
  19. Yes
  20. No
  21. 120
  22. paper cups
  23. a folding table
  24. 302
  25. paper cups
  26. sugar
  27. 9
  28. a running cost
  29. a running cost
  30. a cash box
  31. 200
  32. a juicer
  33. No
  34. a running cost
  35. seeds and soil
  36. a one-time cost
  37. a one-time cost
  38. tea leaves and milk
  39. a cooler box
  40. No

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