Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 715 · 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: “a cloth banner” is a one-time cost. (a) True (b) False
2. 2.Lakshmi plans to make 10 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
3. 3.🔍 Which is the odd one out? (a) a cloth banner (b) ice (c) a price board (d) a folding table
4. 4.Kabir has a budget of ₹700. The stock costs ₹150 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
5. 5.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) a price board (d) tea leaves and milk
6. 6.Which of these is a running cost? (a) a cooler box (b) a folding table (c) a juicer (d) sugar
7. 7.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
8. 8.Which of these is a one-time cost? (a) a cash box (b) paper cups (c) seeds and soil (d) sugar
9. 9.Riya plans to make 10 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
10. 10.Diya has ₹260 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Diya can buy?
11. 11.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
12. 12.True or false: “lemons” is a running cost. (a) False (b) True
13. 13.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
14. 14.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) a cash box (d) paper cups
15. 15.Which of these is a running cost? (a) a folding table (b) a cash box (c) a juicer (d) lemons
16. 16.Ishaan has ₹140 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Ishaan can buy?
17. 17.Lakshmi has ₹80 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Lakshmi can buy?
18. 18.True or false: “a cloth banner” is a running cost. (a) False (b) True
19. 19.Arjun plans to make 39 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
20. 20.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
21. 21.True or false: “ice” is a one-time cost. (a) True (b) False
22. 22.🔍 Which is the odd one out? (a) card paper (b) lemons (c) a cooler box (d) tea leaves and milk
23. 23.True or false: “sugar” is a one-time cost. (a) True (b) False
24. 24.🔍 Which is the odd one out? (a) paper cups (b) a price board (c) a folding table (d) a cooler box
25. 25.Lakshmi has ₹270 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Lakshmi can buy?
26. 26.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
27. 27.Which of these is a one-time cost? (a) a folding table (b) paper cups (c) lemons (d) sugar
28. 28.Ishaan has a budget of ₹1000. The stock costs ₹150 and the stall fee is ₹880. Is the budget enough? (a) No (b) Yes
29. 29.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
30. 30.Which of these is a running cost? (a) a juicer (b) seeds and soil (c) a cloth banner (d) a cash box
31. 31.Arjun plans to make 19 handmade cards. Each needs ₹2 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
32. 32.Farhan plans to make 50 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
33. 33.Riya has ₹420 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Riya can buy?
34. 34.Which of these is a running cost? (a) a price board (b) a cash box (c) card paper (d) a juicer
35. 35.True or false: “card paper” is a one-time cost. (a) True (b) False
36. 36.True or false: “paper cups” is a one-time cost. (a) True (b) False
37. 37.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
38. 38.True or false: “a price board” is a running cost. (a) True (b) False
39. 39.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
40. 40.Saanvi has ₹50 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Saanvi can buy?

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