← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 257 · 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 of these is a running cost? (a) a folding table (b) paper cups (c) a juicer (d) a price board
  2. 2.Diya has ₹360 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Diya can buy?
  3. 3.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) a cloth banner (d) a price board
  4. 4.🔍 Which is the odd one out? (a) ice (b) seeds and soil (c) a cloth banner (d) sugar
  5. 5.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) lemons (d) a cash box
  6. 6.Tara plans to make 39 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  7. 7.Tara’s stall budget is ₹720. Card paper cost ₹280, ribbon cost ₹70 and lemons cost ₹170. How many rupees of the budget are left?
  8. 8.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  9. 9.Which of these is a one-time cost? (a) card paper (b) lemons (c) sugar (d) a cooler box
  10. 10.Lakshmi plans to make 13 handmade cards. Each needs ₹3 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  11. 11.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  12. 12.True or false: “a cloth banner” is a running cost. (a) False (b) True
  13. 13.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) tea leaves and milk (d) a juicer
  14. 14.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  15. 15.Gurpreet’s stall budget is ₹800. Paper cups cost ₹240, pots cost ₹140 and card paper cost ₹190. How many rupees of the budget are left?
  16. 16.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) ice (d) a juicer
  17. 17.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) a cloth banner (d) sugar
  18. 18.Meera has a budget of ₹500. The stock costs ₹200 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  19. 19.Rohan plans to make 45 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  20. 20.Zoya plans to make 20 bags of popcorn. Each needs ₹9 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  21. 21.Gurpreet has ₹50 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Gurpreet can buy?
  22. 22.Meera’s stall budget is ₹430. A banner cost ₹20, lemons cost ₹90 and ribbon cost ₹70. How many rupees of the budget are left?
  23. 23.Rohan’s stall budget is ₹720. A banner cost ₹190, seeds cost ₹260 and paper cups cost ₹230. How many rupees of the budget are left?
  24. 24.Diya has ₹200 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Diya can buy?
  25. 25.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  26. 26.Riya has a budget of ₹1000. The stock costs ₹460 and the stall fee is ₹510. Is the budget enough? (a) No (b) Yes
  27. 27.True or false: “a cash box” is a one-time cost. (a) False (b) True
  28. 28.True or false: “ice” is a running cost. (a) False (b) True
  29. 29.Farhan’s stall budget is ₹340. Paper cups cost ₹170, pots cost ₹80 and sugar cost ₹30. How many rupees of the budget are left?
  30. 30.Tara has ₹360 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Tara can buy?
  31. 31.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  32. 32.Dev’s stall budget is ₹400. Sugar cost ₹170, napkins cost ₹70 and a banner cost ₹80. How many rupees of the budget are left?
  33. 33.Which of these is a running cost? (a) tea leaves and milk (b) a price board (c) a cloth banner (d) a cash box
  34. 34.Gurpreet has a budget of ₹400. The stock costs ₹150 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  35. 35.Which of these is a one-time cost? (a) lemons (b) sugar (c) ice (d) a juicer
  36. 36.Joseph plans to make 50 potted plants. Each needs ₹7 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  37. 37.True or false: “sugar” is a one-time cost. (a) True (b) False
  38. 38.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  39. 39.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a folding table (d) seeds and soil
  40. 40.Gurpreet’s stall budget is ₹550. Sugar cost ₹120, paper cups cost ₹120 and ribbon cost ₹50. How many rupees of the budget are left?

Answer key

  1. paper cups
  2. 72
  3. sugar
  4. a cloth banner
  5. lemons
  6. 431
  7. 200
  8. a running cost
  9. a cooler box
  10. 89
  11. a running cost
  12. False
  13. tea leaves and milk
  14. a one-time cost
  15. 230
  16. a juicer
  17. a cloth banner
  18. Yes
  19. 380
  20. 290
  21. 12
  22. 250
  23. 40
  24. 50
  25. True
  26. Yes
  27. True
  28. True
  29. 60
  30. 90
  31. a one-time cost
  32. 80
  33. tea leaves and milk
  34. No
  35. a juicer
  36. 420
  37. False
  38. a running cost
  39. a folding table
  40. 260

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