← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 217 · 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) a price board (b) a cash box (c) tea leaves and milk (d) a cooler box
  2. 2.Diya has a budget of ₹900. The stock costs ₹450 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  3. 3.True or false: “a price board” is a one-time cost. (a) True (b) False
  4. 4.Which of these is a one-time cost? (a) a folding table (b) card paper (c) ice (d) lemons
  5. 5.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) sugar (d) seeds and soil
  6. 6.Saanvi’s stall budget is ₹460. Napkins cost ₹80, card paper cost ₹80 and paper cups cost ₹160. How many rupees of the budget are left?
  7. 7.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) a juicer (d) lemons
  8. 8.True or false: “card paper” is a one-time cost. (a) True (b) False
  9. 9.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  10. 10.Vihaan has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹200. Is the budget enough? (a) Yes (b) No
  11. 11.Joseph has ₹290 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Joseph can buy?
  12. 12.🔍 Which is the odd one out? (a) a cooler box (b) sugar (c) a cloth banner (d) a cash box
  13. 13.Which of these is a running cost? (a) a cooler box (b) a juicer (c) sugar (d) a cash box
  14. 14.🔍 Which is the odd one out? (a) lemons (b) card paper (c) ice (d) a juicer
  15. 15.Vihaan’s stall budget is ₹600. A price board cost ₹70, pots cost ₹210 and sugar cost ₹90. How many rupees of the budget are left?
  16. 16.Farhan has ₹180 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Farhan can buy?
  17. 17.Joseph has a budget of ₹400. The stock costs ₹50 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
  18. 18.🔍 Which is the odd one out? (a) lemons (b) a cash box (c) paper cups (d) ice
  19. 19.Diya has ₹180 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Diya can buy?
  20. 20.Kabir plans to make 17 clay diyas. Each needs ₹6 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  21. 21.True or false: “a folding table” is a one-time cost. (a) False (b) True
  22. 22.True or false: “ice” is a running cost. (a) False (b) True
  23. 23.True or false: “a cash box” is a one-time cost. (a) False (b) True
  24. 24.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  25. 25.Ananya has ₹480 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Ananya can buy?
  26. 26.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) ice (d) a folding table
  27. 27.Vihaan has a budget of ₹500. The stock costs ₹160 and the stall fee is ₹300. Is the budget enough? (a) No (b) Yes
  28. 28.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  29. 29.Arjun’s stall budget is ₹450. A banner cost ₹210, paper cups cost ₹40 and lemons cost ₹130. How many rupees of the budget are left?
  30. 30.Which of these is a one-time cost? (a) a cloth banner (b) lemons (c) sugar (d) tea leaves and milk
  31. 31.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  32. 32.Kavya has a budget of ₹700. The stock costs ₹350 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No
  33. 33.Diya has a budget of ₹1000. The stock costs ₹240 and the stall fee is ₹740. Is the budget enough? (a) No (b) Yes
  34. 34.Ishaan’s stall budget is ₹530. Paper cups cost ₹160, lemons cost ₹250 and sugar cost ₹40. How many rupees of the budget are left?
  35. 35.Which of these is a running cost? (a) a price board (b) ice (c) a cooler box (d) a folding table
  36. 36.Which of these is a one-time cost? (a) a cooler box (b) tea leaves and milk (c) paper cups (d) ice
  37. 37.Lakshmi has a budget of ₹800. The stock costs ₹100 and the stall fee is ₹750. Is the budget enough? (a) No (b) Yes
  38. 38.Zoya plans to make 50 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  39. 39.Diya’s stall budget is ₹770. Pots cost ₹210, a banner cost ₹180 and card paper cost ₹100. How many rupees of the budget are left?
  40. 40.Saanvi has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No

Answer key

  1. tea leaves and milk
  2. Yes
  3. True
  4. a folding table
  5. a cloth banner
  6. 140
  7. a juicer
  8. False
  9. a one-time cost
  10. Yes
  11. 29
  12. sugar
  13. sugar
  14. a juicer
  15. 230
  16. 36
  17. No
  18. a cash box
  19. 9
  20. 252
  21. True
  22. True
  23. True
  24. a running cost
  25. 40
  26. ice
  27. Yes
  28. a one-time cost
  29. 70
  30. a cloth banner
  31. a running cost
  32. No
  33. Yes
  34. 80
  35. ice
  36. a cooler box
  37. No
  38. 680
  39. 280
  40. Yes

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