← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 266 · 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.True or false: “a cash box” is a one-time cost. (a) True (b) False
  2. 2.Lakshmi has ₹270 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Lakshmi can buy?
  3. 3.Which of these is a running cost? (a) a price board (b) tea leaves and milk (c) a cooler box (d) a cash box
  4. 4.Which of these is a one-time cost? (a) lemons (b) ice (c) a cash box (d) tea leaves and milk
  5. 5.Aarav’s stall budget is ₹710. A price board cost ₹260, paper cups cost ₹110 and sugar cost ₹270. How many rupees of the budget are left?
  6. 6.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  7. 7.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) ice (d) sugar
  8. 8.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) a juicer (d) seeds and soil
  9. 9.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  10. 10.Which of these is a running cost? (a) a juicer (b) a folding table (c) a cloth banner (d) lemons
  11. 11.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  12. 12.True or false: “ice” is a running cost. (a) True (b) False
  13. 13.🔍 Which is the odd one out? (a) lemons (b) card paper (c) a price board (d) paper cups
  14. 14.True or false: “a juicer” is a running cost. (a) True (b) False
  15. 15.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) a juicer (d) a folding table
  16. 16.Kabir has ₹80 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Kabir can buy?
  17. 17.Zoya has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  18. 18.Gurpreet has a budget of ₹700. The stock costs ₹200 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  19. 19.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  20. 20.Arjun has ₹70 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Arjun can buy?
  21. 21.True or false: “paper cups” is a one-time cost. (a) True (b) False
  22. 22.Meera plans to make 34 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  23. 23.Gurpreet’s stall budget is ₹480. Seeds cost ₹230, ribbon cost ₹100 and paper cups cost ₹20. How many rupees of the budget are left?
  24. 24.Which of these is a running cost? (a) card paper (b) a folding table (c) a cooler box (d) a juicer
  25. 25.Which of these is a one-time cost? (a) a cooler box (b) ice (c) tea leaves and milk (d) paper cups
  26. 26.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  27. 27.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) a cash box (d) lemons
  28. 28.Lakshmi’s stall budget is ₹1100. A banner cost ₹280, pots cost ₹300 and a price board cost ₹290. How many rupees of the budget are left?
  29. 29.Ananya’s stall budget is ₹350. A price board cost ₹140, paper cups cost ₹20 and pots cost ₹80. How many rupees of the budget are left?
  30. 30.Zoya has ₹70 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Zoya can buy?
  31. 31.Which of these is a one-time cost? (a) a cloth banner (b) lemons (c) sugar (d) ice
  32. 32.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) sugar (d) a cash box
  33. 33.Ananya’s stall budget is ₹640. Ribbon cost ₹240, a banner cost ₹90 and sugar cost ₹230. How many rupees of the budget are left?
  34. 34.Lakshmi’s stall budget is ₹470. Card paper cost ₹70, seeds cost ₹50 and a price board cost ₹130. How many rupees of the budget are left?
  35. 35.🔍 Which is the odd one out? (a) seeds and soil (b) a cash box (c) a cooler box (d) a juicer
  36. 36.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  37. 37.Saanvi has a budget of ₹600. The stock costs ₹250 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  38. 38.Saanvi’s stall budget is ₹370. Card paper cost ₹170, pots cost ₹60 and paper cups cost ₹110. How many rupees of the budget are left?
  39. 39.Which of these is a running cost? (a) paper cups (b) a cloth banner (c) a cooler box (d) a cash box
  40. 40.True or false: “lemons” is a one-time cost. (a) False (b) True

Answer key

  1. True
  2. 54
  3. tea leaves and milk
  4. a cash box
  5. 70
  6. a running cost
  7. a cloth banner
  8. a juicer
  9. a one-time cost
  10. lemons
  11. a one-time cost
  12. True
  13. a price board
  14. False
  15. tea leaves and milk
  16. 16
  17. No
  18. No
  19. a running cost
  20. 17
  21. False
  22. 258
  23. 130
  24. card paper
  25. a cooler box
  26. a running cost
  27. a cash box
  28. 230
  29. 110
  30. 11
  31. a cloth banner
  32. sugar
  33. 80
  34. 220
  35. seeds and soil
  36. a one-time cost
  37. Yes
  38. 30
  39. paper cups
  40. False

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