← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 149 · 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.True or false: “ice” is a one-time cost. (a) False (b) True
  2. 2.Which of these is a one-time cost? (a) a price board (b) lemons (c) paper cups (d) seeds and soil
  3. 3.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) a cash box (d) sugar
  4. 4.True or false: “ice” is a running cost. (a) False (b) True
  5. 5.🔍 Which is the odd one out? (a) paper cups (b) a price board (c) ice (d) seeds and soil
  6. 6.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) a folding table (d) tea leaves and milk
  7. 7.Dev has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹370. Is the budget enough? (a) Yes (b) No
  8. 8.Rohan has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  9. 9.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a folding table (d) seeds and soil
  10. 10.Which of these is a running cost? (a) a folding table (b) card paper (c) a cash box (d) a juicer
  11. 11.🔍 Which is the odd one out? (a) sugar (b) ice (c) lemons (d) a juicer
  12. 12.True or false: “a cash box” is a one-time cost. (a) True (b) False
  13. 13.Riya has ₹410 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Riya can buy?
  14. 14.🔍 Which is the odd one out? (a) sugar (b) a folding table (c) a cloth banner (d) a cooler box
  15. 15.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) lemons (d) a folding table
  16. 16.Tara has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹120. Is the budget enough? (a) No (b) Yes
  17. 17.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  18. 18.Riya’s stall budget is ₹520. Lemons cost ₹90, a price board cost ₹290 and ribbon cost ₹110. How many rupees of the budget are left?
  19. 19.Tara plans to make 19 jute bags. Each needs ₹9 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  20. 20.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  21. 21.Aarav’s stall budget is ₹860. Sugar cost ₹90, pots cost ₹210 and paper cups cost ₹300. How many rupees of the budget are left?
  22. 22.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  23. 23.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  24. 24.Ishaan’s stall budget is ₹620. A banner cost ₹170, lemons cost ₹200 and a price board cost ₹80. How many rupees of the budget are left?
  25. 25.Farhan plans to make 13 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  26. 26.Kavya has ₹310 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Kavya can buy?
  27. 27.Which of these is a running cost? (a) a folding table (b) a juicer (c) a price board (d) tea leaves and milk
  28. 28.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  29. 29.Vihaan plans to make 48 clay diyas. Each needs ₹2 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  30. 30.True or false: “paper cups” is a running cost. (a) True (b) False
  31. 31.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  32. 32.Which of these is a running cost? (a) a price board (b) paper cups (c) a cloth banner (d) a juicer
  33. 33.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  34. 34.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  35. 35.Diya’s stall budget is ₹830. Sugar cost ₹300, a banner cost ₹280 and napkins cost ₹150. How many rupees of the budget are left?
  36. 36.Ananya has ₹110 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Ananya can buy?
  37. 37.True or false: “a price board” is a one-time cost. (a) True (b) False
  38. 38.Rohan has ₹240 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Rohan can buy?
  39. 39.Ananya’s stall budget is ₹520. A price board cost ₹110, paper cups cost ₹110 and lemons cost ₹160. How many rupees of the budget are left?
  40. 40.True or false: “lemons” is a running cost. (a) False (b) True

Answer key

  1. False
  2. a price board
  3. a cash box
  4. True
  5. a price board
  6. tea leaves and milk
  7. No
  8. No
  9. seeds and soil
  10. card paper
  11. a juicer
  12. True
  13. 34
  14. sugar
  15. lemons
  16. Yes
  17. a running cost
  18. 30
  19. 281
  20. a one-time cost
  21. 260
  22. True
  23. a running cost
  24. 170
  25. 280
  26. 15
  27. tea leaves and milk
  28. a one-time cost
  29. 366
  30. True
  31. a running cost
  32. paper cups
  33. a running cost
  34. a running cost
  35. 100
  36. 18
  37. True
  38. 60
  39. 140
  40. True

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