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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 956 · 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.Gurpreet plans to make 17 handmade cards. Each needs ₹9 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  2. 2.True or false: “paper cups” is a one-time cost. (a) True (b) False
  3. 3.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  4. 4.Rohan’s stall budget is ₹660. Napkins cost ₹40, sugar cost ₹250 and ribbon cost ₹150. How many rupees of the budget are left?
  5. 5.Dev has ₹60 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Dev can buy?
  6. 6.True or false: “a juicer” is a one-time cost. (a) True (b) False
  7. 7.True or false: “sugar” is a running cost. (a) False (b) True
  8. 8.Rohan has ₹460 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Rohan can buy?
  9. 9.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  10. 10.Lakshmi has ₹70 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Lakshmi can buy?
  11. 11.Which of these is a running cost? (a) a cloth banner (b) tea leaves and milk (c) a cooler box (d) a juicer
  12. 12.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  13. 13.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) a juicer (d) card paper
  14. 14.True or false: “lemons” is a running cost. (a) False (b) True
  15. 15.Aarav’s stall budget is ₹780. Ribbon cost ₹70, sugar cost ₹270 and a banner cost ₹280. How many rupees of the budget are left?
  16. 16.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) tea leaves and milk (d) a cash box
  17. 17.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) a price board (d) card paper
  18. 18.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) paper cups (d) tea leaves and milk
  19. 19.Rohan plans to make 18 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  20. 20.True or false: “sugar” is a one-time cost. (a) False (b) True
  21. 21.Which of these is a running cost? (a) a price board (b) lemons (c) a folding table (d) a juicer
  22. 22.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cloth banner (c) a price board (d) a folding table
  23. 23.Diya’s stall budget is ₹670. Ribbon cost ₹170, sugar cost ₹230 and paper cups cost ₹200. How many rupees of the budget are left?
  24. 24.Which of these is a running cost? (a) a juicer (b) a cooler box (c) a cloth banner (d) seeds and soil
  25. 25.Vihaan plans to make 20 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  26. 26.Ananya has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹130. Is the budget enough? (a) Yes (b) No
  27. 27.Tara has a budget of ₹600. The stock costs ₹170 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  28. 28.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  29. 29.Nisha’s stall budget is ₹320. Sugar cost ₹60, napkins cost ₹30 and a banner cost ₹180. How many rupees of the budget are left?
  30. 30.Ananya has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  31. 31.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  32. 32.🔍 Which is the odd one out? (a) a juicer (b) card paper (c) a cloth banner (d) a cooler box
  33. 33.Dev’s stall budget is ₹770. A price board cost ₹210, lemons cost ₹160 and sugar cost ₹300. How many rupees of the budget are left?
  34. 34.Which of these is a one-time cost? (a) a juicer (b) sugar (c) card paper (d) paper cups
  35. 35.Aarav has ₹160 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Aarav can buy?
  36. 36.Which of these is a one-time cost? (a) card paper (b) sugar (c) paper cups (d) a price board
  37. 37.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) sugar (d) a price board
  38. 38.Vihaan has ₹290 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Vihaan can buy?
  39. 39.Ananya has a budget of ₹400. The stock costs ₹110 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  40. 40.Nisha’s stall budget is ₹500. Card paper cost ₹60, sugar cost ₹120 and lemons cost ₹170. How many rupees of the budget are left?

Answer key

  1. 373
  2. False
  3. a one-time cost
  4. 220
  5. 6
  6. True
  7. True
  8. 57
  9. a one-time cost
  10. 17
  11. tea leaves and milk
  12. True
  13. card paper
  14. True
  15. 160
  16. a cash box
  17. a price board
  18. a cooler box
  19. 276
  20. False
  21. lemons
  22. tea leaves and milk
  23. 70
  24. seeds and soil
  25. 320
  26. Yes
  27. Yes
  28. a running cost
  29. 50
  30. No
  31. a one-time cost
  32. card paper
  33. 100
  34. a juicer
  35. 20
  36. a price board
  37. sugar
  38. 19
  39. Yes
  40. 150

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