Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 551 · 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.True or false: “lemons” is a one-time cost. (a) False (b) True
2. 2.True or false: “a juicer” is a running cost. (a) True (b) False
3. 3.🔍 Which is the odd one out? (a) sugar (b) lemons (c) a juicer (d) card paper
4. 4.Farhan has a budget of ₹1000. The stock costs ₹470 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
5. 5.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) a cash box (d) card paper
6. 6.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
7. 7.🔍 Which is the odd one out? (a) a cash box (b) lemons (c) sugar (d) seeds and soil
8. 8.Ishaan plans to make 18 potted plants. Each needs ₹10 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
9. 9.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
10. 10.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) a cash box (d) seeds and soil
11. 11.Joseph has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
12. 12.True or false: “a cloth banner” is a running cost. (a) False (b) True
13. 13.Which of these is a one-time cost? (a) a cooler box (b) tea leaves and milk (c) lemons (d) card paper
14. 14.Which of these is a one-time cost? (a) paper cups (b) a juicer (c) ice (d) card paper
15. 15.Ananya has ₹380 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Ananya can buy?
16. 16.Zoya has ₹70 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Zoya can buy?
17. 17.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
18. 18.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
19. 19.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) seeds and soil (d) a price board
20. 20.True or false: “paper cups” is a running cost. (a) True (b) False
21. 21.Joseph has a budget of ₹500. The stock costs ₹140 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
22. 22.🔍 Which is the odd one out? (a) ice (b) card paper (c) a cooler box (d) lemons
23. 23.Arjun’s stall budget is ₹520. A banner cost ₹90, paper cups cost ₹220 and card paper cost ₹200. How many rupees of the budget are left?
24. 24.🔍 Which is the odd one out? (a) lemons (b) ice (c) seeds and soil (d) a folding table
25. 25.Which of these is a one-time cost? (a) card paper (b) tea leaves and milk (c) a cash box (d) seeds and soil
26. 26.Which of these is a running cost? (a) a cooler box (b) ice (c) a cash box (d) a juicer
27. 27.Ishaan’s stall budget is ₹550. A price board cost ₹60, card paper cost ₹60 and paper cups cost ₹190. How many rupees of the budget are left?
28. 28.Farhan’s stall budget is ₹570. A banner cost ₹60, napkins cost ₹290 and paper cups cost ₹30. How many rupees of the budget are left?
29. 29.Farhan’s stall budget is ₹590. Napkins cost ₹90, ribbon cost ₹140 and seeds cost ₹70. How many rupees of the budget are left?
30. 30.Lakshmi has ₹260 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Lakshmi can buy?
31. 31.Which of these is a one-time cost? (a) lemons (b) card paper (c) a folding table (d) paper cups
32. 32.Which of these is a one-time cost? (a) ice (b) seeds and soil (c) card paper (d) a cloth banner
33. 33.Meera’s stall budget is ₹850. Napkins cost ₹250, paper cups cost ₹290 and seeds cost ₹270. How many rupees of the budget are left?
34. 34.Meera has a budget of ₹800. The stock costs ₹380 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
35. 35.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) tea leaves and milk (d) lemons
36. 36.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) a cash box (d) lemons
37. 37.True or false: “ice” is a one-time cost. (a) False (b) True
38. 38.Which of these is a running cost? (a) paper cups (b) a cloth banner (c) a cooler box (d) a folding table
39. 39.Riya plans to make 11 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
40. 40.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost

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