← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 308 · 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.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  2. 2.Which of these is a one-time cost? (a) sugar (b) ice (c) a juicer (d) seeds and soil
  3. 3.🔍 Which is the odd one out? (a) lemons (b) sugar (c) a price board (d) card paper
  4. 4.Ananya has ₹190 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Ananya can buy?
  5. 5.True or false: “a cloth banner” is a running cost. (a) True (b) False
  6. 6.Joseph has a budget of ₹700. The stock costs ₹190 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
  7. 7.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) a juicer (d) a price board
  8. 8.Nisha’s stall budget is ₹730. Pots cost ₹210, lemons cost ₹240 and seeds cost ₹240. How many rupees of the budget are left?
  9. 9.Arjun has ₹80 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Arjun can buy?
  10. 10.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  11. 11.Kabir has a budget of ₹700. The stock costs ₹180 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  12. 12.Diya’s stall budget is ₹560. Paper cups cost ₹60, napkins cost ₹70 and seeds cost ₹140. How many rupees of the budget are left?
  13. 13.Zoya plans to make 15 bags of popcorn. Each needs ₹5 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  14. 14.Rohan plans to make 46 handmade cards. Each needs ₹5 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  15. 15.Arjun’s stall budget is ₹640. Seeds cost ₹30, a price board cost ₹290 and a banner cost ₹280. How many rupees of the budget are left?
  16. 16.True or false: “seeds and soil” is a running cost. (a) False (b) True
  17. 17.Which of these is a one-time cost? (a) seeds and soil (b) ice (c) paper cups (d) a folding table
  18. 18.Arjun has ₹310 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Arjun can buy?
  19. 19.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  20. 20.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) ice (d) a cash box
  21. 21.Riya’s stall budget is ₹840. Paper cups cost ₹200, card paper cost ₹130 and ribbon cost ₹260. How many rupees of the budget are left?
  22. 22.True or false: “a cash box” is a running cost. (a) True (b) False
  23. 23.Kabir has a budget of ₹500. The stock costs ₹210 and the stall fee is ₹330. Is the budget enough? (a) Yes (b) No
  24. 24.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  25. 25.Diya’s stall budget is ₹540. Napkins cost ₹240, a price board cost ₹40 and pots cost ₹160. How many rupees of the budget are left?
  26. 26.Farhan has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  27. 27.Tara has ₹260 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Tara can buy?
  28. 28.Kabir has ₹260 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Kabir can buy?
  29. 29.Which of these is a running cost? (a) a folding table (b) paper cups (c) a juicer (d) a cooler box
  30. 30.Gurpreet has ₹100 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Gurpreet can buy?
  31. 31.True or false: “a cash box” is a one-time cost. (a) False (b) True
  32. 32.Which of these is a one-time cost? (a) lemons (b) a cloth banner (c) ice (d) card paper
  33. 33.Joseph plans to make 47 potted plants. Each needs ₹3 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  34. 34.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  35. 35.True or false: “paper cups” is a one-time cost. (a) False (b) True
  36. 36.Ishaan has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹190. Is the budget enough? (a) No (b) Yes
  37. 37.Which of these is a running cost? (a) a cash box (b) a price board (c) a folding table (d) card paper
  38. 38.Meera has ₹270 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Meera can buy?
  39. 39.🔍 Which is the odd one out? (a) lemons (b) ice (c) sugar (d) a juicer
  40. 40.Ananya’s stall budget is ₹630. A price board cost ₹120, a banner cost ₹30 and pots cost ₹230. How many rupees of the budget are left?

Answer key

  1. a one-time cost
  2. a juicer
  3. a price board
  4. 38
  5. False
  6. Yes
  7. paper cups
  8. 40
  9. 6
  10. a one-time cost
  11. No
  12. 290
  13. 125
  14. 400
  15. 40
  16. True
  17. a folding table
  18. 20
  19. True
  20. a cash box
  21. 250
  22. False
  23. No
  24. a one-time cost
  25. 100
  26. No
  27. 21
  28. 21
  29. paper cups
  30. 6
  31. True
  32. a cloth banner
  33. 311
  34. a running cost
  35. False
  36. Yes
  37. card paper
  38. 67
  39. a juicer
  40. 250

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