← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 231 · 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.Rohan has ₹200 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Rohan can buy?
  2. 2.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  3. 3.Which of these is a one-time cost? (a) paper cups (b) a cloth banner (c) card paper (d) tea leaves and milk
  4. 4.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  5. 5.True or false: “a price board” is a running cost. (a) True (b) False
  6. 6.🔍 Which is the odd one out? (a) card paper (b) sugar (c) seeds and soil (d) a price board
  7. 7.Lakshmi plans to make 41 handmade cards. Each needs ₹8 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  8. 8.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  9. 9.Saanvi plans to make 17 friendship bands. Each needs ₹7 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  10. 10.Meera plans to make 22 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  11. 11.Arjun has ₹440 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Arjun can buy?
  12. 12.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a cloth banner (d) ice
  13. 13.Joseph has a budget of ₹800. The stock costs ₹200 and the stall fee is ₹570. Is the budget enough? (a) No (b) Yes
  14. 14.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) a cash box (d) a price board
  15. 15.Meera has ₹310 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Meera can buy?
  16. 16.Dev’s stall budget is ₹520. Lemons cost ₹50, sugar cost ₹260 and pots cost ₹80. How many rupees of the budget are left?
  17. 17.Which of these is a running cost? (a) a price board (b) a folding table (c) a juicer (d) tea leaves and milk
  18. 18.Ananya has ₹260 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Ananya can buy?
  19. 19.🔍 Which is the odd one out? (a) a juicer (b) sugar (c) a folding table (d) a price board
  20. 20.Dev plans to make 45 clay diyas. Each needs ₹5 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  21. 21.🔍 Which is the odd one out? (a) seeds and soil (b) a juicer (c) lemons (d) tea leaves and milk
  22. 22.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  23. 23.Which of these is a running cost? (a) a cooler box (b) a price board (c) a folding table (d) sugar
  24. 24.Joseph plans to make 12 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  25. 25.True or false: “a price board” is a one-time cost. (a) False (b) True
  26. 26.Nisha’s stall budget is ₹370. Lemons cost ₹190, seeds cost ₹40 and napkins cost ₹50. How many rupees of the budget are left?
  27. 27.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  28. 28.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  29. 29.Kabir has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  30. 30.Ananya has ₹180 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Ananya can buy?
  31. 31.Lakshmi’s stall budget is ₹590. A price board cost ₹130, pots cost ₹180 and ribbon cost ₹210. How many rupees of the budget are left?
  32. 32.True or false: “a folding table” is a one-time cost. (a) False (b) True
  33. 33.Farhan has ₹120 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Farhan can buy?
  34. 34.True or false: “a juicer” is a running cost. (a) False (b) True
  35. 35.Rohan’s stall budget is ₹580. Lemons cost ₹300, sugar cost ₹70 and ribbon cost ₹180. How many rupees of the budget are left?
  36. 36.Tara has ₹130 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Tara can buy?
  37. 37.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  38. 38.Diya plans to make 20 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  39. 39.True or false: “a cash box” is a one-time cost. (a) False (b) True
  40. 40.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) a cash box (d) paper cups

Answer key

  1. 25
  2. a one-time cost
  3. a cloth banner
  4. a running cost
  5. False
  6. a price board
  7. 598
  8. a running cost
  9. 169
  10. 330
  11. 22
  12. ice
  13. Yes
  14. lemons
  15. 38
  16. 130
  17. tea leaves and milk
  18. 13
  19. sugar
  20. 525
  21. a juicer
  22. a running cost
  23. sugar
  24. 344
  25. True
  26. 90
  27. a running cost
  28. a one-time cost
  29. No
  30. 45
  31. 70
  32. True
  33. 30
  34. False
  35. 30
  36. 21
  37. a one-time cost
  38. 250
  39. True
  40. a cash box

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