Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 278 · 40 questions

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.

1. 1.Arjun has a budget of ₹700. The stock costs ₹290 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
2. 2.Farhan plans to make 28 clay diyas. Each needs ₹10 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
3. 3.🔍 Which is the odd one out? (a) card paper (b) lemons (c) sugar (d) a folding table
4. 4.Which of these is a running cost? (a) a cash box (b) a folding table (c) a price board (d) lemons
5. 5.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
6. 6.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) sugar (d) card paper
7. 7.Vihaan has a budget of ₹900. The stock costs ₹270 and the stall fee is ₹650. Is the budget enough? (a) No (b) Yes
8. 8.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) a price board (d) card paper
9. 9.True or false: “ice” is a one-time cost. (a) False (b) True
10. 10.True or false: “ice” is a running cost. (a) True (b) False
11. 11.Diya has ₹230 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Diya can buy?
12. 12.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
13. 13.Joseph has ₹110 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Joseph can buy?
14. 14.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) a cooler box (d) a price board
15. 15.Diya has ₹390 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Diya can buy?
16. 16.Ishaan’s stall budget is ₹300. Card paper cost ₹40, napkins cost ₹40 and seeds cost ₹100. How many rupees of the budget are left?
17. 17.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
18. 18.True or false: “a price board” is a running cost. (a) False (b) True
19. 19.Gurpreet has a budget of ₹700. The stock costs ₹300 and the stall fee is ₹350. Is the budget enough? (a) No (b) Yes
20. 20.True or false: “sugar” is a running cost. (a) True (b) False
21. 21.True or false: “lemons” is a one-time cost. (a) True (b) False
22. 22.Tara has a budget of ₹600. The stock costs ₹90 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
23. 23.🔍 Which is the odd one out? (a) card paper (b) lemons (c) tea leaves and milk (d) a cash box
24. 24.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
25. 25.Kavya has a budget of ₹900. The stock costs ₹410 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
26. 26.Diya’s stall budget is ₹290. Paper cups cost ₹90, lemons cost ₹20 and sugar cost ₹70. How many rupees of the budget are left?
27. 27.Vihaan has ₹130 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Vihaan can buy?
28. 28.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
29. 29.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) a cash box (d) sugar
30. 30.Which of these is a one-time cost? (a) sugar (b) paper cups (c) lemons (d) a cooler box
31. 31.Lakshmi has a budget of ₹900. The stock costs ₹160 and the stall fee is ₹740. Is the budget enough? (a) No (b) Yes
32. 32.Saanvi’s stall budget is ₹510. Pots cost ₹150, a price board cost ₹40 and paper cups cost ₹160. How many rupees of the budget are left?
33. 33.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
34. 34.Aarav’s stall budget is ₹750. Sugar cost ₹170, paper cups cost ₹120 and seeds cost ₹260. How many rupees of the budget are left?
35. 35.🔍 Which is the odd one out? (a) card paper (b) a juicer (c) a folding table (d) a cash box
36. 36.🔍 Which is the odd one out? (a) a cash box (b) a juicer (c) a folding table (d) paper cups
37. 37.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
38. 38.True or false: “card paper” is a one-time cost. (a) True (b) False
39. 39.True or false: “a cooler box” is a running cost. (a) True (b) False
40. 40.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost

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