← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 210 · 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 is the odd one out? (a) tea leaves and milk (b) sugar (c) lemons (d) a cloth banner
  2. 2.Kabir has a budget of ₹600. The stock costs ₹120 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  3. 3.Which of these is a running cost? (a) a price board (b) a cash box (c) a cloth banner (d) ice
  4. 4.Rohan has ₹250 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Rohan can buy?
  5. 5.Lakshmi’s stall budget is ₹700. Card paper cost ₹270, seeds cost ₹90 and pots cost ₹140. How many rupees of the budget are left?
  6. 6.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  7. 7.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  8. 8.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) ice (d) a price board
  9. 9.True or false: “a juicer” is a running cost. (a) True (b) False
  10. 10.Dev’s stall budget is ₹510. Card paper cost ₹20, a price board cost ₹80 and paper cups cost ₹130. How many rupees of the budget are left?
  11. 11.Gurpreet’s stall budget is ₹630. A banner cost ₹210, seeds cost ₹90 and card paper cost ₹60. How many rupees of the budget are left?
  12. 12.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) lemons (d) a price board
  13. 13.Which of these is a one-time cost? (a) sugar (b) card paper (c) a folding table (d) seeds and soil
  14. 14.Vihaan has ₹130 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Vihaan can buy?
  15. 15.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  16. 16.True or false: “sugar” is a running cost. (a) False (b) True
  17. 17.Which of these is a one-time cost? (a) a price board (b) sugar (c) tea leaves and milk (d) lemons
  18. 18.True or false: “sugar” is a one-time cost. (a) True (b) False
  19. 19.Joseph has a budget of ₹800. The stock costs ₹320 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  20. 20.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) a juicer (d) tea leaves and milk
  21. 21.Kabir has ₹90 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Kabir can buy?
  22. 22.Rohan has a budget of ₹500. The stock costs ₹110 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  23. 23.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  24. 24.True or false: “a cash box” is a running cost. (a) False (b) True
  25. 25.Zoya plans to make 26 cupcakes. Each needs ₹3 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  26. 26.Which of these is a running cost? (a) a cash box (b) lemons (c) a juicer (d) a cooler box
  27. 27.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) a juicer (d) a price board
  28. 28.Ananya plans to make 35 handmade cards. Each needs ₹8 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  29. 29.Lakshmi has ₹170 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Lakshmi can buy?
  30. 30.True or false: “card paper” is a one-time cost. (a) True (b) False
  31. 31.True or false: “a cooler box” is a running cost. (a) True (b) False
  32. 32.Lakshmi’s stall budget is ₹350. Pots cost ₹20, seeds cost ₹140 and paper cups cost ₹140. How many rupees of the budget are left?
  33. 33.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  34. 34.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) a cash box (d) seeds and soil
  35. 35.Which of these is a one-time cost? (a) ice (b) sugar (c) a juicer (d) card paper
  36. 36.🔍 Which is the odd one out? (a) a cash box (b) sugar (c) a cooler box (d) a price board
  37. 37.Vihaan has a budget of ₹400. The stock costs ₹200 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  38. 38.Riya’s stall budget is ₹910. Card paper cost ₹260, lemons cost ₹280 and seeds cost ₹130. How many rupees of the budget are left?
  39. 39.Rohan’s stall budget is ₹820. Ribbon cost ₹60, card paper cost ₹300 and pots cost ₹250. How many rupees of the budget are left?
  40. 40.True or false: “tea leaves and milk” is a running cost. (a) False (b) True

Answer key

  1. a cloth banner
  2. Yes
  3. ice
  4. 20
  5. 200
  6. True
  7. a running cost
  8. ice
  9. False
  10. 280
  11. 270
  12. lemons
  13. a folding table
  14. 10
  15. a running cost
  16. True
  17. a price board
  18. False
  19. Yes
  20. tea leaves and milk
  21. 22
  22. No
  23. True
  24. False
  25. 128
  26. lemons
  27. paper cups
  28. 350
  29. 28
  30. False
  31. False
  32. 50
  33. a one-time cost
  34. seeds and soil
  35. a juicer
  36. sugar
  37. No
  38. 240
  39. 210
  40. True

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