← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 154 · 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.Ishaan’s stall budget is ₹590. Ribbon cost ₹30, card paper cost ₹160 and napkins cost ₹210. How many rupees of the budget are left?
  2. 2.Which of these is a running cost? (a) a cooler box (b) a price board (c) paper cups (d) a juicer
  3. 3.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  4. 4.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a cooler box (d) seeds and soil
  5. 5.Gurpreet plans to make 40 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  6. 6.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) sugar (d) tea leaves and milk
  7. 7.Tara has a budget of ₹400. The stock costs ₹200 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  8. 8.Meera has a budget of ₹1000. The stock costs ₹270 and the stall fee is ₹780. Is the budget enough? (a) Yes (b) No
  9. 9.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) paper cups (d) a cash box
  10. 10.Gurpreet’s stall budget is ₹570. Ribbon cost ₹240, seeds cost ₹20 and paper cups cost ₹140. How many rupees of the budget are left?
  11. 11.Dev has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  12. 12.Arjun plans to make 14 jute bags. Each needs ₹10 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  13. 13.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) a cooler box (d) card paper
  14. 14.Diya’s stall budget is ₹690. A banner cost ₹280, paper cups cost ₹80 and ribbon cost ₹260. How many rupees of the budget are left?
  15. 15.Ananya’s stall budget is ₹690. A price board cost ₹20, card paper cost ₹240 and sugar cost ₹300. How many rupees of the budget are left?
  16. 16.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a juicer (d) sugar
  17. 17.Which of these is a one-time cost? (a) a folding table (b) lemons (c) tea leaves and milk (d) paper cups
  18. 18.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) ice (d) a folding table
  19. 19.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a price board (d) tea leaves and milk
  20. 20.Tara plans to make 23 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  21. 21.Aarav has ₹410 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Aarav can buy?
  22. 22.Rohan’s stall budget is ₹350. A banner cost ₹200, napkins cost ₹120 and card paper cost ₹20. How many rupees of the budget are left?
  23. 23.Which of these is a running cost? (a) sugar (b) a price board (c) a cooler box (d) a juicer
  24. 24.Aarav has a budget of ₹600. The stock costs ₹50 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  25. 25.Which of these is a running cost? (a) ice (b) a juicer (c) a cloth banner (d) a cooler box
  26. 26.Which of these is a one-time cost? (a) lemons (b) sugar (c) a cloth banner (d) card paper
  27. 27.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  28. 28.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) card paper (d) ice
  29. 29.Meera has ₹300 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Meera can buy?
  30. 30.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  31. 31.Riya plans to make 16 friendship bands. Each needs ₹4 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  32. 32.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) a price board (d) lemons
  33. 33.Which of these is a one-time cost? (a) ice (b) a price board (c) lemons (d) paper cups
  34. 34.True or false: “a cloth banner” is a running cost. (a) True (b) False
  35. 35.Riya has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹170. Is the budget enough? (a) No (b) Yes
  36. 36.Which of these is a one-time cost? (a) seeds and soil (b) card paper (c) paper cups (d) a juicer
  37. 37.Rohan’s stall budget is ₹530. A banner cost ₹90, paper cups cost ₹250 and sugar cost ₹140. How many rupees of the budget are left?
  38. 38.True or false: “ice” is a one-time cost. (a) False (b) True
  39. 39.Nisha has ₹400 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Nisha can buy?
  40. 40.Tara has ₹250 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Tara can buy?

Answer key

  1. 190
  2. paper cups
  3. a running cost
  4. seeds and soil
  5. 370
  6. a folding table
  7. No
  8. No
  9. paper cups
  10. 170
  11. Yes
  12. 340
  13. card paper
  14. 70
  15. 130
  16. sugar
  17. a folding table
  18. ice
  19. tea leaves and milk
  20. 116
  21. 27
  22. 10
  23. sugar
  24. Yes
  25. ice
  26. a cloth banner
  27. a one-time cost
  28. a cloth banner
  29. 20
  30. a one-time cost
  31. 224
  32. a price board
  33. a price board
  34. False
  35. Yes
  36. a juicer
  37. 50
  38. False
  39. 66
  40. 41

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