← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 1 · 40 questions
TalentJR

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.

NameDateTime takenScore ___ / 40
  1. 1.Arjun’s stall budget is ₹550. Pots cost ₹90, napkins cost ₹200 and paper cups cost ₹230. How many rupees of the budget are left?
  2. 2.Meera has ₹370 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Meera can buy?
  3. 3.🔍 Which is the odd one out? (a) a cooler box (b) ice (c) seeds and soil (d) tea leaves and milk
  4. 4.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  5. 5.True or false: “ice” is a running cost. (a) False (b) True
  6. 6.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  7. 7.Gurpreet’s stall budget is ₹810. Pots cost ₹300, a banner cost ₹80 and napkins cost ₹250. How many rupees of the budget are left?
  8. 8.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  9. 9.Riya’s stall budget is ₹690. Paper cups cost ₹240, a banner cost ₹280 and sugar cost ₹140. How many rupees of the budget are left?
  10. 10.Dev has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  11. 11.Which of these is a one-time cost? (a) tea leaves and milk (b) lemons (c) paper cups (d) a cooler box
  12. 12.Riya plans to make 20 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  13. 13.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) tea leaves and milk (d) a price board
  14. 14.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) a cash box (d) sugar
  15. 15.Which of these is a running cost? (a) a cooler box (b) paper cups (c) a folding table (d) a cash box
  16. 16.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  17. 17.True or false: “a price board” is a running cost. (a) False (b) True
  18. 18.Dev has ₹480 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Dev can buy?
  19. 19.Which of these is a running cost? (a) a cooler box (b) a cash box (c) tea leaves and milk (d) a folding table
  20. 20.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  21. 21.Joseph’s stall budget is ₹320. Sugar cost ₹80, a banner cost ₹100 and a price board cost ₹80. How many rupees of the budget are left?
  22. 22.Ananya’s stall budget is ₹880. Card paper cost ₹290, ribbon cost ₹270 and lemons cost ₹70. How many rupees of the budget are left?
  23. 23.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  24. 24.Rohan’s stall budget is ₹810. Paper cups cost ₹250, pots cost ₹280 and a banner cost ₹250. How many rupees of the budget are left?
  25. 25.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) a juicer (d) paper cups
  26. 26.Which of these is a one-time cost? (a) lemons (b) sugar (c) tea leaves and milk (d) a cash box
  27. 27.True or false: “a juicer” is a running cost. (a) True (b) False
  28. 28.Aarav has a budget of ₹700. The stock costs ₹130 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  29. 29.Gurpreet has a budget of ₹900. The stock costs ₹420 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  30. 30.🔍 Which is the odd one out? (a) ice (b) a juicer (c) card paper (d) paper cups
  31. 31.Kavya plans to make 25 bags of popcorn. Each needs ₹9 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  32. 32.Meera’s stall budget is ₹640. Seeds cost ₹270, pots cost ₹190 and a banner cost ₹170. How many rupees of the budget are left?
  33. 33.Kabir’s stall budget is ₹370. Lemons cost ₹60, card paper cost ₹110 and ribbon cost ₹120. How many rupees of the budget are left?
  34. 34.Kabir has ₹300 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Kabir can buy?
  35. 35.Dev has ₹460 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Dev can buy?
  36. 36.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) a price board (d) lemons
  37. 37.Nisha has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  38. 38.Kabir has ₹260 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Kabir can buy?
  39. 39.Nisha has ₹500 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Nisha can buy?
  40. 40.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost

Answer key

  1. 30
  2. 74
  3. a cooler box
  4. a running cost
  5. True
  6. a running cost
  7. 180
  8. False
  9. 30
  10. Yes
  11. a cooler box
  12. 160
  13. tea leaves and milk
  14. sugar
  15. paper cups
  16. a one-time cost
  17. False
  18. 32
  19. tea leaves and milk
  20. True
  21. 60
  22. 250
  23. a one-time cost
  24. 30
  25. paper cups
  26. a cash box
  27. False
  28. Yes
  29. Yes
  30. a juicer
  31. 515
  32. 10
  33. 80
  34. 25
  35. 115
  36. lemons
  37. No
  38. 17
  39. 62
  40. a one-time cost

Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids