← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 246 · 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.Ananya has a budget of ₹600. The stock costs ₹100 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  2. 2.Which of these is a one-time cost? (a) seeds and soil (b) a price board (c) tea leaves and milk (d) paper cups
  3. 3.🔍 Which is the odd one out? (a) lemons (b) a cash box (c) seeds and soil (d) paper cups
  4. 4.Which of these is a one-time cost? (a) ice (b) a folding table (c) tea leaves and milk (d) seeds and soil
  5. 5.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  6. 6.Nisha’s stall budget is ₹410. Sugar cost ₹60, card paper cost ₹190 and lemons cost ₹100. How many rupees of the budget are left?
  7. 7.True or false: “a price board” is a one-time cost. (a) False (b) True
  8. 8.Which of these is a one-time cost? (a) seeds and soil (b) a cloth banner (c) card paper (d) paper cups
  9. 9.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) a price board (d) sugar
  10. 10.True or false: “a folding table” is a running cost. (a) False (b) True
  11. 11.True or false: “sugar” is a running cost. (a) False (b) True
  12. 12.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  13. 13.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  14. 14.Vihaan plans to make 30 friendship bands. Each needs ₹10 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  15. 15.Lakshmi has a budget of ₹900. The stock costs ₹440 and the stall fee is ₹510. Is the budget enough? (a) No (b) Yes
  16. 16.Farhan plans to make 11 clay diyas. Each needs ₹4 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  17. 17.Which of these is a one-time cost? (a) lemons (b) sugar (c) seeds and soil (d) a cooler box
  18. 18.Vihaan plans to make 21 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  19. 19.Meera’s stall budget is ₹380. Card paper cost ₹250, sugar cost ₹70 and pots cost ₹20. How many rupees of the budget are left?
  20. 20.🔍 Which is the odd one out? (a) a juicer (b) ice (c) paper cups (d) sugar
  21. 21.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) tea leaves and milk (d) a folding table
  22. 22.Diya plans to make 32 handmade cards. Each needs ₹3 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  23. 23.Saanvi’s stall budget is ₹460. Paper cups cost ₹40, lemons cost ₹130 and a banner cost ₹80. How many rupees of the budget are left?
  24. 24.Joseph has ₹280 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Joseph can buy?
  25. 25.True or false: “a cash box” is a running cost. (a) False (b) True
  26. 26.Zoya has a budget of ₹600. The stock costs ₹230 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  27. 27.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) a juicer (d) lemons
  28. 28.Rohan has a budget of ₹500. The stock costs ₹120 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  29. 29.Joseph has ₹260 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Joseph can buy?
  30. 30.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  31. 31.Which of these is a running cost? (a) a folding table (b) a juicer (c) a price board (d) tea leaves and milk
  32. 32.Lakshmi has ₹90 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Lakshmi can buy?
  33. 33.Ananya’s stall budget is ₹320. A price board cost ₹70, paper cups cost ₹70 and pots cost ₹30. How many rupees of the budget are left?
  34. 34.Ananya has ₹300 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Ananya can buy?
  35. 35.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) sugar (d) seeds and soil
  36. 36.Saanvi plans to make 19 glasses of chai. Each needs ₹7 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  37. 37.Saanvi has a budget of ₹800. The stock costs ₹270 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
  38. 38.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  39. 39.True or false: “a juicer” is a running cost. (a) True (b) False
  40. 40.True or false: “ice” is a running cost. (a) False (b) True

Answer key

  1. No
  2. a price board
  3. a cash box
  4. a folding table
  5. a running cost
  6. 60
  7. True
  8. a cloth banner
  9. sugar
  10. False
  11. True
  12. a running cost
  13. a one-time cost
  14. 500
  15. No
  16. 214
  17. a cooler box
  18. 385
  19. 40
  20. a juicer
  21. tea leaves and milk
  22. 286
  23. 210
  24. 56
  25. False
  26. No
  27. lemons
  28. No
  29. 17
  30. False
  31. tea leaves and milk
  32. 7
  33. 150
  34. 60
  35. a folding table
  36. 353
  37. Yes
  38. a running cost
  39. False
  40. True

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