Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 4 · 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.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) ice (d) card paper
2. 2.True or false: “ice” is a running cost. (a) True (b) False
3. 3.🔍 Which is the odd one out? (a) sugar (b) tea leaves and milk (c) a cash box (d) lemons
4. 4.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
5. 5.Rohan has ₹420 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Rohan can buy?
6. 6.Rohan plans to make 36 friendship bands. Each needs ₹8 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
7. 7.Ishaan plans to make 45 jute bags. Each needs ₹3 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
8. 8.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) a cooler box (d) a price board
9. 9.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) paper cups (d) a juicer
10. 10.True or false: “a juicer” is a one-time cost. (a) True (b) False
11. 11.True or false: “card paper” is a running cost. (a) True (b) False
12. 12.True or false: “ice” is a one-time cost. (a) False (b) True
13. 13.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) lemons (d) a cash box
14. 14.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
15. 15.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
16. 16.Rohan has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
17. 17.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
18. 18.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a cooler box (d) lemons
19. 19.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) tea leaves and milk (d) a cash box
20. 20.True or false: “sugar” is a running cost. (a) False (b) True
21. 21.Vihaan’s stall budget is ₹530. Paper cups cost ₹170, lemons cost ₹40 and ribbon cost ₹300. How many rupees of the budget are left?
22. 22.🔍 Which is the odd one out? (a) a juicer (b) sugar (c) a folding table (d) a price board
23. 23.True or false: “lemons” is a running cost. (a) False (b) True
24. 24.Lakshmi has a budget of ₹800. The stock costs ₹360 and the stall fee is ₹490. Is the budget enough? (a) No (b) Yes
25. 25.Which of these is a one-time cost? (a) card paper (b) sugar (c) a cloth banner (d) ice
26. 26.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
27. 27.Which of these is a one-time cost? (a) paper cups (b) seeds and soil (c) a cash box (d) card paper
28. 28.Joseph has ₹170 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Joseph can buy?
29. 29.Farhan’s stall budget is ₹750. Sugar cost ₹300, seeds cost ₹90 and card paper cost ₹150. How many rupees of the budget are left?
30. 30.True or false: “a cloth banner” is a running cost. (a) True (b) False
31. 31.Lakshmi plans to make 36 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
32. 32.Dev has a budget of ₹1000. The stock costs ₹110 and the stall fee is ₹900. Is the budget enough? (a) Yes (b) No
33. 33.True or false: “a cash box” is a running cost. (a) True (b) False
34. 34.Gurpreet’s stall budget is ₹650. Sugar cost ₹50, paper cups cost ₹250 and pots cost ₹220. How many rupees of the budget are left?
35. 35.Which of these is a running cost? (a) a folding table (b) ice (c) a cloth banner (d) a cooler box
36. 36.True or false: “sugar” is a one-time cost. (a) True (b) False
37. 37.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
38. 38.Kavya plans to make 44 painted pebbles. Each needs ₹5 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
39. 39.Vihaan has ₹280 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Vihaan can buy?
40. 40.Which of these is a one-time cost? (a) paper cups (b) ice (c) seeds and soil (d) a folding table

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