Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 724 · 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.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
2. 2.🔍 Which is the odd one out? (a) ice (b) card paper (c) lemons (d) a price board
3. 3.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a folding table (d) lemons
4. 4.Aarav has a budget of ₹900. The stock costs ₹400 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
5. 5.Which of these is a one-time cost? (a) sugar (b) a juicer (c) ice (d) paper cups
6. 6.True or false: “sugar” is a one-time cost. (a) False (b) True
7. 7.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
8. 8.Tara has ₹80 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Tara can buy?
9. 9.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
10. 10.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
11. 11.True or false: “a cooler box” is a one-time cost. (a) False (b) True
12. 12.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
13. 13.Joseph has a budget of ₹600. The stock costs ₹180 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
14. 14.True or false: “a cash box” is a one-time cost. (a) False (b) True
15. 15.Which of these is a one-time cost? (a) a cash box (b) tea leaves and milk (c) sugar (d) seeds and soil
16. 16.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
17. 17.Aarav has ₹150 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Aarav can buy?
18. 18.Which of these is a running cost? (a) a cash box (b) lemons (c) a price board (d) a cooler box
19. 19.Meera has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
20. 20.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
21. 21.Ishaan has a budget of ₹700. The stock costs ₹120 and the stall fee is ₹590. Is the budget enough? (a) No (b) Yes
22. 22.Which of these is a running cost? (a) a cloth banner (b) a price board (c) paper cups (d) a juicer
23. 23.Which of these is a running cost? (a) tea leaves and milk (b) a cash box (c) a folding table (d) a cloth banner
24. 24.True or false: “paper cups” is a one-time cost. (a) True (b) False
25. 25.Which of these is a running cost? (a) a cash box (b) a folding table (c) a price board (d) card paper
26. 26.True or false: “a price board” is a running cost. (a) False (b) True
27. 27.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) tea leaves and milk (d) a price board
28. 28.True or false: “a cooler box” is a running cost. (a) True (b) False
29. 29.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) lemons (d) a juicer
30. 30.Lakshmi plans to make 31 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
31. 31.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) card paper (d) a cooler box
32. 32.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) a cooler box (d) ice
33. 33.Saanvi has ₹360 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Saanvi can buy?
34. 34.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
35. 35.True or false: “lemons” is a one-time cost. (a) False (b) True
36. 36.🔍 Which is the odd one out? (a) seeds and soil (b) lemons (c) card paper (d) a juicer
37. 37.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
38. 38.True or false: “sugar” is a running cost. (a) False (b) True
39. 39.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
40. 40.True or false: “a juicer” is a running cost. (a) True (b) False

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