Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 691 · 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 juicer (b) card paper (c) a price board (d) a folding table
2. 2.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
3. 3.Which of these is a running cost? (a) tea leaves and milk (b) a cooler box (c) a price board (d) a juicer
4. 4.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
5. 5.True or false: “paper cups” is a running cost. (a) False (b) True
6. 6.Gurpreet plans to make 48 handmade cards. Each needs ₹7 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
7. 7.Diya’s stall budget is ₹700. Pots cost ₹110, lemons cost ₹220 and a banner cost ₹150. How many rupees of the budget are left?
8. 8.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) a juicer (d) paper cups
9. 9.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) seeds and soil (d) a cash box
10. 10.True or false: “a cash box” is a one-time cost. (a) True (b) False
11. 11.Dev has a budget of ₹400. The stock costs ₹110 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
12. 12.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
13. 13.🔍 Which is the odd one out? (a) a cloth banner (b) ice (c) a price board (d) a juicer
14. 14.Which of these is a one-time cost? (a) a folding table (b) lemons (c) ice (d) tea leaves and milk
15. 15.Which of these is a one-time cost? (a) paper cups (b) lemons (c) a cloth banner (d) ice
16. 16.Kabir has a budget of ₹900. The stock costs ₹430 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
17. 17.🔍 Which is the odd one out? (a) ice (b) paper cups (c) tea leaves and milk (d) a cloth banner
18. 18.🔍 Which is the odd one out? (a) a juicer (b) tea leaves and milk (c) a folding table (d) a price board
19. 19.Meera has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹170. Is the budget enough? (a) Yes (b) No
20. 20.Kavya’s stall budget is ₹590. A banner cost ₹260, seeds cost ₹20 and lemons cost ₹190. How many rupees of the budget are left?
21. 21.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
22. 22.Which of these is a running cost? (a) ice (b) a folding table (c) a cloth banner (d) a juicer
23. 23.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
24. 24.True or false: “a price board” is a one-time cost. (a) False (b) True
25. 25.Kabir plans to make 16 handmade cards. Each needs ₹9 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
26. 26.True or false: “card paper” is a running cost. (a) False (b) True
27. 27.Lakshmi has a budget of ₹700. The stock costs ₹160 and the stall fee is ₹540. Is the budget enough? (a) No (b) Yes
28. 28.Farhan has a budget of ₹500. The stock costs ₹70 and the stall fee is ₹420. Is the budget enough? (a) No (b) Yes
29. 29.True or false: “a juicer” is a one-time cost. (a) False (b) True
30. 30.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) paper cups (d) a juicer
31. 31.Meera’s stall budget is ₹660. Paper cups cost ₹180, sugar cost ₹270 and pots cost ₹30. How many rupees of the budget are left?
32. 32.Which of these is a one-time cost? (a) a cooler box (b) sugar (c) ice (d) seeds and soil
33. 33.🔍 Which is the odd one out? (a) seeds and soil (b) a price board (c) a cash box (d) a cooler box
34. 34.Gurpreet plans to make 49 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
35. 35.Which of these is a running cost? (a) a folding table (b) paper cups (c) a price board (d) a cooler box
36. 36.Arjun’s stall budget is ₹320. Seeds cost ₹70, a price board cost ₹160 and card paper cost ₹40. How many rupees of the budget are left?
37. 37.Joseph’s stall budget is ₹780. Ribbon cost ₹190, card paper cost ₹120 and paper cups cost ₹300. How many rupees of the budget are left?
38. 38.True or false: “ice” is a one-time cost. (a) False (b) True
39. 39.True or false: “paper cups” is a one-time cost. (a) True (b) False
40. 40.True or false: “a cooler box” is a one-time cost. (a) False (b) True

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