Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 419 · 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 of these is a one-time cost? (a) card paper (b) a folding table (c) sugar (d) tea leaves and milk
2. 2.True or false: “card paper” is a one-time cost. (a) True (b) False
3. 3.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
4. 4.Vihaan has ₹360 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Vihaan can buy?
5. 5.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
6. 6.Rohan has a budget of ₹600. The stock costs ₹240 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
7. 7.Ananya has ₹130 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Ananya can buy?
8. 8.Ishaan’s stall budget is ₹950. Lemons cost ₹210, seeds cost ₹290 and ribbon cost ₹250. How many rupees of the budget are left?
9. 9.Which of these is a one-time cost? (a) lemons (b) sugar (c) a cooler box (d) tea leaves and milk
10. 10.Tara’s stall budget is ₹410. A price board cost ₹60, napkins cost ₹40 and sugar cost ₹190. How many rupees of the budget are left?
11. 11.Ishaan plans to make 34 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
12. 12.Kabir has ₹450 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Kabir can buy?
13. 13.True or false: “a price board” is a running cost. (a) True (b) False
14. 14.True or false: “a cash box” is a running cost. (a) True (b) False
15. 15.True or false: “sugar” is a one-time cost. (a) False (b) True
16. 16.True or false: “ice” is a running cost. (a) True (b) False
17. 17.True or false: “lemons” is a one-time cost. (a) False (b) True
18. 18.Gurpreet has a budget of ₹600. The stock costs ₹50 and the stall fee is ₹560. Is the budget enough? (a) Yes (b) No
19. 19.Which of these is a one-time cost? (a) a juicer (b) ice (c) card paper (d) seeds and soil
20. 20.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
21. 21.Rohan has a budget of ₹700. The stock costs ₹170 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes
22. 22.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
23. 23.Joseph has a budget of ₹1000. The stock costs ₹210 and the stall fee is ₹800. Is the budget enough? (a) Yes (b) No
24. 24.Lakshmi plans to make 49 jute bags. Each needs ₹10 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
25. 25.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
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 running cost? (a) tea leaves and milk (b) a cloth banner (c) a price board (d) a juicer
28. 28.Which of these is a running cost? (a) a cloth banner (b) sugar (c) a price board (d) a cooler box
29. 29.True or false: “a cooler box” is a one-time cost. (a) False (b) True
30. 30.Saanvi has a budget of ₹700. The stock costs ₹260 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
31. 31.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
32. 32.Diya’s stall budget is ₹910. A banner cost ₹220, ribbon cost ₹220 and sugar cost ₹190. How many rupees of the budget are left?
33. 33.🔍 Which is the odd one out? (a) a cloth banner (b) seeds and soil (c) sugar (d) ice
34. 34.Kabir has a budget of ₹700. The stock costs ₹70 and the stall fee is ₹640. Is the budget enough? (a) Yes (b) No
35. 35.Kavya has ₹360 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Kavya can buy?
36. 36.Kabir has ₹420 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Kabir can buy?
37. 37.Which of these is a running cost? (a) seeds and soil (b) a price board (c) a cooler box (d) a cash box
38. 38.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) a juicer (d) ice
39. 39.Ananya has ₹440 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Ananya can buy?
40. 40.Meera has ₹460 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Meera can buy?

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