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: “a cooler box” is a running cost. (a) False (b) True
- 2.True or false: “ice” is a running cost. (a) True (b) False
- 3.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) a folding table (d) lemons
- 4.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
- 5.True or false: “card paper” is a one-time cost. (a) False (b) True
- 6.Joseph plans to make 40 handmade cards. Each needs ₹8 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
- 7.🔍 Which is the odd one out? (a) ice (b) a cash box (c) seeds and soil (d) tea leaves and milk
- 8.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a cooler box (d) paper cups
- 9.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) sugar (d) a cloth banner
- 10.True or false: “a folding table” is a running cost. (a) True (b) False
- 11.Aarav’s stall budget is ₹720. Sugar cost ₹280, ribbon cost ₹80 and a price board cost ₹150. How many rupees of the budget are left?
- 12.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
- 13.Vihaan has ₹450 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Vihaan can buy?
- 14.Tara plans to make 28 clay diyas. Each needs ₹9 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
- 15.Meera has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹240. Is the budget enough? (a) No (b) Yes
- 16.🔍 Which is the odd one out? (a) card paper (b) ice (c) lemons (d) a folding table
- 17.True or false: “a cloth banner” is a running cost. (a) True (b) False
- 18.Meera has ₹500 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Meera can buy?
- 19.Ananya has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
- 20.True or false: “a cash box” is a running cost. (a) False (b) True
- 21.Vihaan’s stall budget is ₹260. A banner cost ₹30, napkins cost ₹40 and a price board cost ₹170. How many rupees of the budget are left?
- 22.True or false: “sugar” is a one-time cost. (a) True (b) False
- 23.Tara has ₹180 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Tara can buy?
- 24.Which of these is a running cost? (a) a cash box (b) a cooler box (c) a price board (d) tea leaves and milk
- 25.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) a cash box (d) card paper
- 26.Joseph plans to make 48 fruit cups. Each needs ₹4 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
- 27.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
- 28.Meera has a budget of ₹500. The stock costs ₹100 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
- 29.True or false: “a cooler box” is a one-time cost. (a) False (b) True
- 30.Kabir plans to make 47 fruit cups. Each needs ₹2 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
- 31.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
- 32.Which of these is a running cost? (a) a cash box (b) a juicer (c) ice (d) a cooler box
- 33.Which of these is a one-time cost? (a) card paper (b) tea leaves and milk (c) a cooler box (d) paper cups
- 34.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
- 35.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) a price board (d) seeds and soil
- 36.True or false: “paper cups” is a one-time cost. (a) True (b) False
- 37.Lakshmi has a budget of ₹1000. The stock costs ₹460 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
- 38.Kabir has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
- 39.True or false: “a folding table” is a one-time cost. (a) True (b) False
- 40.Kavya has ₹280 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Kavya can buy?
Answer key
- False
- True
- lemons
- a one-time cost
- False
- 500
- a cash box
- paper cups
- sugar
- False
- 210
- a running cost
- 37
- 332
- Yes
- a folding table
- False
- 125
- No
- False
- 20
- False
- 45
- tea leaves and milk
- card paper
- 292
- a running cost
- Yes
- True
- 144
- a one-time cost
- ice
- a cooler box
- a one-time cost
- a price board
- False
- Yes
- Yes
- True
- 35
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