Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 287 · 40 questions

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.

1. 1.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
2. 2.True or false: “card paper” is a one-time cost. (a) True (b) False
3. 3.Dev’s stall budget is ₹700. A banner cost ₹220, napkins cost ₹160 and paper cups cost ₹290. How many rupees of the budget are left?
4. 4.Which of these is a one-time cost? (a) a cooler box (b) tea leaves and milk (c) paper cups (d) lemons
5. 5.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
6. 6.True or false: “paper cups” is a one-time cost. (a) False (b) True
7. 7.Which of these is a one-time cost? (a) seeds and soil (b) ice (c) paper cups (d) a folding table
8. 8.True or false: “a juicer” is a running cost. (a) True (b) False
9. 9.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) a cooler box (d) seeds and soil
10. 10.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) ice (d) seeds and soil
11. 11.Kabir plans to make 12 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
12. 12.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
13. 13.Kabir has ₹380 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Kabir can buy?
14. 14.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) a folding table (d) sugar
15. 15.True or false: “ice” is a running cost. (a) True (b) False
16. 16.True or false: “a folding table” is a one-time cost. (a) True (b) False
17. 17.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
18. 18.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) card paper (d) a cash box
19. 19.Which of these is a running cost? (a) a cash box (b) a juicer (c) a folding table (d) paper cups
20. 20.Which of these is a running cost? (a) a cooler box (b) a folding table (c) card paper (d) a cloth banner
21. 21.Kabir has a budget of ₹800. The stock costs ₹180 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
22. 22.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) a price board (d) tea leaves and milk
23. 23.Rohan has a budget of ₹1000. The stock costs ₹80 and the stall fee is ₹970. Is the budget enough? (a) No (b) Yes
24. 24.Zoya’s stall budget is ₹480. A banner cost ₹270, lemons cost ₹20 and card paper cost ₹30. How many rupees of the budget are left?
25. 25.Ishaan has ₹260 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Ishaan can buy?
26. 26.Zoya’s stall budget is ₹470. A price board cost ₹290, paper cups cost ₹50 and card paper cost ₹70. How many rupees of the budget are left?
27. 27.True or false: “card paper” is a running cost. (a) False (b) True
28. 28.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
29. 29.Riya has a budget of ₹900. The stock costs ₹140 and the stall fee is ₹760. Is the budget enough? (a) Yes (b) No
30. 30.Which of these is a one-time cost? (a) card paper (b) lemons (c) sugar (d) a price board
31. 31.Joseph’s stall budget is ₹660. Ribbon cost ₹40, napkins cost ₹210 and a price board cost ₹190. How many rupees of the budget are left?
32. 32.Arjun has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
33. 33.Lakshmi has a budget of ₹700. The stock costs ₹60 and the stall fee is ₹670. Is the budget enough? (a) Yes (b) No
34. 34.Arjun has a budget of ₹400. The stock costs ₹200 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
35. 35.Nisha has ₹210 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Nisha can buy?
36. 36.Which of these is a one-time cost? (a) a juicer (b) lemons (c) seeds and soil (d) sugar
37. 37.Which of these is a running cost? (a) ice (b) a cash box (c) a folding table (d) a juicer
38. 38.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
39. 39.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
40. 40.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost

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