← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 112 · 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.Which of these is a running cost? (a) lemons (b) a cooler box (c) a cloth banner (d) a juicer
  2. 2.Kavya plans to make 18 potted plants. Each needs ₹10 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  3. 3.Which of these is a one-time cost? (a) lemons (b) a price board (c) seeds and soil (d) ice
  4. 4.Kabir has ₹470 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Kabir can buy?
  5. 5.Joseph has ₹320 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Joseph can buy?
  6. 6.Ishaan has ₹150 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Ishaan can buy?
  7. 7.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  8. 8.Which of these is a one-time cost? (a) sugar (b) a cloth banner (c) paper cups (d) seeds and soil
  9. 9.Ishaan’s stall budget is ₹740. Pots cost ₹280, napkins cost ₹260 and a banner cost ₹120. How many rupees of the budget are left?
  10. 10.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) paper cups (d) a juicer
  11. 11.True or false: “a cash box” is a one-time cost. (a) True (b) False
  12. 12.Vihaan has ₹90 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Vihaan can buy?
  13. 13.🔍 Which is the odd one out? (a) ice (b) a juicer (c) tea leaves and milk (d) paper cups
  14. 14.Joseph’s stall budget is ₹630. Card paper cost ₹70, lemons cost ₹290 and sugar cost ₹180. How many rupees of the budget are left?
  15. 15.Saanvi has ₹380 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Saanvi can buy?
  16. 16.Meera plans to make 25 potted plants. Each needs ₹8 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  17. 17.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  18. 18.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  19. 19.Aarav’s stall budget is ₹480. Napkins cost ₹20, a price board cost ₹240 and card paper cost ₹100. How many rupees of the budget are left?
  20. 20.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) sugar (d) a cooler box
  21. 21.Which of these is a one-time cost? (a) seeds and soil (b) card paper (c) a folding table (d) lemons
  22. 22.Zoya’s stall budget is ₹560. Card paper cost ₹20, ribbon cost ₹290 and a banner cost ₹60. 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.Saanvi plans to make 18 handmade cards. Each needs ₹8 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  25. 25.Gurpreet plans to make 29 fruit cups. Each needs ₹3 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  26. 26.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  27. 27.Gurpreet has a budget of ₹600. The stock costs ₹60 and the stall fee is ₹580. Is the budget enough? (a) No (b) Yes
  28. 28.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  29. 29.Ananya has ₹370 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Ananya can buy?
  30. 30.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  31. 31.Which of these is a running cost? (a) seeds and soil (b) a cloth banner (c) a folding table (d) a cooler box
  32. 32.Which of these is a one-time cost? (a) a cooler box (b) paper cups (c) card paper (d) lemons
  33. 33.Tara has ₹470 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Tara can buy?
  34. 34.Which of these is a running cost? (a) a cooler box (b) a cash box (c) tea leaves and milk (d) a cloth banner
  35. 35.Which of these is a running cost? (a) a cash box (b) a folding table (c) sugar (d) a juicer
  36. 36.Which of these is a one-time cost? (a) card paper (b) a cash box (c) ice (d) sugar
  37. 37.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  38. 38.Dev’s stall budget is ₹760. Ribbon cost ₹200, a banner cost ₹210 and lemons cost ₹250. How many rupees of the budget are left?
  39. 39.Arjun’s stall budget is ₹380. Seeds cost ₹120, a banner cost ₹40 and ribbon cost ₹30. How many rupees of the budget are left?
  40. 40.Farhan has a budget of ₹900. The stock costs ₹120 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes

Answer key

  1. lemons
  2. 330
  3. a price board
  4. 39
  5. 53
  6. 12
  7. a one-time cost
  8. a cloth banner
  9. 80
  10. paper cups
  11. True
  12. 6
  13. a juicer
  14. 90
  15. 76
  16. 460
  17. a running cost
  18. a one-time cost
  19. 120
  20. sugar
  21. a folding table
  22. 190
  23. a one-time cost
  24. 344
  25. 277
  26. a one-time cost
  27. No
  28. True
  29. 24
  30. False
  31. seeds and soil
  32. a cooler box
  33. 31
  34. tea leaves and milk
  35. sugar
  36. a cash box
  37. a one-time cost
  38. 100
  39. 190
  40. Yes

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