Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 913 · 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 of these is a running cost? (a) a cloth banner (b) tea leaves and milk (c) a folding table (d) a price board
2. 2.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
3. 3.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
4. 4.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a price board (d) seeds and soil
5. 5.Which of these is a one-time cost? (a) tea leaves and milk (b) a folding table (c) sugar (d) paper cups
6. 6.Which of these is a running cost? (a) a cloth banner (b) sugar (c) a price board (d) a folding table
7. 7.🔍 Which is the odd one out? (a) ice (b) lemons (c) a folding table (d) card paper
8. 8.🔍 Which is the odd one out? (a) a cash box (b) paper cups (c) sugar (d) lemons
9. 9.Zoya has a budget of ₹800. The stock costs ₹250 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
10. 10.🔍 Which is the odd one out? (a) ice (b) a juicer (c) a cooler box (d) a price board
11. 11.Ishaan has a budget of ₹1000. The stock costs ₹360 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
12. 12.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a juicer (d) tea leaves and milk
13. 13.Farhan has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
14. 14.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
15. 15.Diya’s stall budget is ₹750. Card paper cost ₹280, a price board cost ₹60 and seeds cost ₹170. How many rupees of the budget are left?
16. 16.🔍 Which is the odd one out? (a) a cloth banner (b) card paper (c) a price board (d) a cash box
17. 17.True or false: “sugar” is a one-time cost. (a) True (b) False
18. 18.True or false: “a price board” is a running cost. (a) False (b) True
19. 19.Joseph has ₹360 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Joseph can buy?
20. 20.🔍 Which is the odd one out? (a) card paper (b) tea leaves and milk (c) seeds and soil (d) a cooler box
21. 21.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
22. 22.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
23. 23.Joseph’s stall budget is ₹400. Card paper cost ₹260, a price board cost ₹90 and pots cost ₹40. How many rupees of the budget are left?
24. 24.True or false: “lemons” is a one-time cost. (a) False (b) True
25. 25.Aarav plans to make 37 friendship bands. Each needs ₹3 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
26. 26.Which of these is a one-time cost? (a) seeds and soil (b) ice (c) lemons (d) a cooler box
27. 27.🔍 Which is the odd one out? (a) a juicer (b) seeds and soil (c) card paper (d) tea leaves and milk
28. 28.True or false: “ice” is a running cost. (a) True (b) False
29. 29.🔍 Which is the odd one out? (a) a cloth banner (b) card paper (c) seeds and soil (d) paper cups
30. 30.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
31. 31.Aarav has a budget of ₹1000. The stock costs ₹100 and the stall fee is ₹870. Is the budget enough? (a) No (b) Yes
32. 32.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
33. 33.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) ice (d) a price board
34. 34.Which of these is a one-time cost? (a) lemons (b) a juicer (c) sugar (d) card paper
35. 35.Lakshmi’s stall budget is ₹880. Ribbon cost ₹230, sugar cost ₹180 and seeds cost ₹210. How many rupees of the budget are left?
36. 36.Kavya has ₹160 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Kavya can buy?
37. 37.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
38. 38.Rohan’s stall budget is ₹540. Ribbon cost ₹70, napkins cost ₹290 and paper cups cost ₹60. How many rupees of the budget are left?
39. 39.Ananya has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
40. 40.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost

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