← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 181 · 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.Kavya has a budget of ₹1000. The stock costs ₹440 and the stall fee is ₹580. Is the budget enough? (a) Yes (b) No
  2. 2.True or false: “ice” is a one-time cost. (a) False (b) True
  3. 3.Which of these is a one-time cost? (a) paper cups (b) lemons (c) a price board (d) ice
  4. 4.True or false: “a cash box” is a one-time cost. (a) False (b) True
  5. 5.Farhan has ₹70 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Farhan can buy?
  6. 6.Joseph’s stall budget is ₹870. Card paper cost ₹260, pots cost ₹150 and seeds cost ₹220. How many rupees of the budget are left?
  7. 7.Zoya has a budget of ₹1000. The stock costs ₹130 and the stall fee is ₹820. Is the budget enough? (a) Yes (b) No
  8. 8.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  9. 9.Tara has ₹180 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Tara can buy?
  10. 10.Which of these is a one-time cost? (a) card paper (b) sugar (c) a folding table (d) paper cups
  11. 11.Zoya has ₹420 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Zoya can buy?
  12. 12.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) a cloth banner (d) seeds and soil
  13. 13.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  14. 14.Which of these is a one-time cost? (a) a cloth banner (b) ice (c) paper cups (d) card paper
  15. 15.Riya has a budget of ₹400. The stock costs ₹180 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  16. 16.Lakshmi plans to make 38 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  17. 17.Diya’s stall budget is ₹790. Sugar cost ₹200, napkins cost ₹150 and a banner cost ₹260. How many rupees of the budget are left?
  18. 18.True or false: “seeds and soil” is a running cost. (a) True (b) False
  19. 19.Dev has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹190. Is the budget enough? (a) No (b) Yes
  20. 20.Dev has ₹70 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Dev can buy?
  21. 21.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  22. 22.Gurpreet’s stall budget is ₹750. Lemons cost ₹70, pots cost ₹290 and paper cups cost ₹160. How many rupees of the budget are left?
  23. 23.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  24. 24.Joseph’s stall budget is ₹510. Ribbon cost ₹80, seeds cost ₹20 and a price board cost ₹300. How many rupees of the budget are left?
  25. 25.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  26. 26.Arjun’s stall budget is ₹140. Ribbon cost ₹20, sugar cost ₹50 and card paper cost ₹60. How many rupees of the budget are left?
  27. 27.Aarav has ₹370 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Aarav can buy?
  28. 28.Kabir plans to make 47 potted plants. Each needs ₹5 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  29. 29.Tara’s stall budget is ₹830. Lemons cost ₹80, a price board cost ₹260 and ribbon cost ₹210. How many rupees of the budget are left?
  30. 30.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  31. 31.🔍 Which is the odd one out? (a) card paper (b) a cooler box (c) a folding table (d) a juicer
  32. 32.Diya has ₹230 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Diya can buy?
  33. 33.Saanvi has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  34. 34.Diya has ₹220 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Diya can buy?
  35. 35.Kabir plans to make 14 friendship bands. Each needs ₹9 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  36. 36.True or false: “lemons” is a running cost. (a) True (b) False
  37. 37.Which of these is a running cost? (a) card paper (b) a cloth banner (c) a juicer (d) a price board
  38. 38.Joseph’s stall budget is ₹540. Seeds cost ₹260, pots cost ₹80 and paper cups cost ₹70. How many rupees of the budget are left?
  39. 39.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  40. 40.True or false: “seeds and soil” is a one-time cost. (a) False (b) True

Answer key

  1. No
  2. False
  3. a price board
  4. True
  5. 4
  6. 240
  7. Yes
  8. a running cost
  9. 45
  10. a folding table
  11. 70
  12. seeds and soil
  13. a one-time cost
  14. a cloth banner
  15. No
  16. 394
  17. 180
  18. True
  19. Yes
  20. 3
  21. True
  22. 230
  23. a running cost
  24. 110
  25. a running cost
  26. 10
  27. 18
  28. 385
  29. 280
  30. a one-time cost
  31. card paper
  32. 23
  33. Yes
  34. 11
  35. 186
  36. True
  37. card paper
  38. 130
  39. a running cost
  40. False

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