Entrepreneurship Worksheet: Business Budget
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.True or false: “ice” is a one-time cost. (a) True (b) False
- 2.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) a juicer (d) ice
- 3.Joseph has a budget of ₹900. The stock costs ₹130 and the stall fee is ₹780. Is the budget enough? (a) No (b) Yes
- 4.Which of these is a running cost? (a) a juicer (b) a price board (c) a cooler box (d) card paper
- 5.Kabir has a budget of ₹500. The stock costs ₹140 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
- 6.Which of these is a running cost? (a) a cooler box (b) a juicer (c) a price board (d) paper cups
- 7.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
- 8.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
- 9.Which of these is a one-time cost? (a) lemons (b) paper cups (c) card paper (d) a price board
- 10.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) sugar (d) a juicer
- 11.Which of these is a running cost? (a) a price board (b) lemons (c) a juicer (d) a cash box
- 12.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
- 13.Kabir has ₹80 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Kabir can buy?
- 14.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
- 15.True or false: “lemons” is a running cost. (a) False (b) True
- 16.True or false: “a cash box” is a running cost. (a) True (b) False
- 17.Vihaan’s stall budget is ₹740. Napkins cost ₹160, pots cost ₹90 and paper cups cost ₹210. How many rupees of the budget are left?
- 18.Gurpreet has a budget of ₹700. The stock costs ₹270 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
- 19.True or false: “a folding table” is a running cost. (a) False (b) True
- 20.Aarav plans to make 13 cupcakes. Each needs ₹5 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
- 21.Vihaan has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
- 22.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
- 23.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) paper cups (d) a price board
- 24.🔍 Which is the odd one out? (a) card paper (b) a cash box (c) a cooler box (d) a folding table
- 25.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
- 26.True or false: “card paper” is a running cost. (a) True (b) False
- 27.🔍 Which is the odd one out? (a) a cloth banner (b) card paper (c) tea leaves and milk (d) lemons
- 28.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
- 29.🔍 Which is the odd one out? (a) a price board (b) ice (c) a cash box (d) a folding table
- 30.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
- 31.Joseph plans to make 44 painted pebbles. Each needs ₹8 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
- 32.True or false: “sugar” is a one-time cost. (a) False (b) True
- 33.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) a juicer (d) paper cups
- 34.Farhan has ₹470 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Farhan can buy?
- 35.Vihaan plans to make 14 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
- 36.Kavya has a budget of ₹600. The stock costs ₹160 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
- 37.Which of these is a one-time cost? (a) seeds and soil (b) a cash box (c) lemons (d) paper cups
- 38.Farhan plans to make 21 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
- 39.Zoya’s stall budget is ₹630. Sugar cost ₹270, napkins cost ₹80 and a banner cost ₹40. How many rupees of the budget are left?
- 40.True or false: “paper cups” is a one-time cost. (a) False (b) True
Answer key
- False
- ice
- No
- card paper
- No
- paper cups
- True
- a running cost
- a price board
- sugar
- lemons
- a one-time cost
- 6
- a one-time cost
- True
- False
- 280
- No
- False
- 145
- No
- a one-time cost
- paper cups
- card paper
- a running cost
- True
- a cloth banner
- a running cost
- ice
- a running cost
- 622
- False
- a juicer
- 94
- 362
- No
- a cash box
- 315
- 240
- False
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