Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 314 · 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.Which of these is a one-time cost? (a) seeds and soil (b) ice (c) tea leaves and milk (d) a cloth banner
2. 2.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
3. 3.True or false: “a juicer” is a running cost. (a) True (b) False
4. 4.True or false: “paper cups” is a running cost. (a) False (b) True
5. 5.Kavya has ₹340 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Kavya can buy?
6. 6.Nisha plans to make 45 fruit cups. Each needs ₹2 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
7. 7.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
8. 8.True or false: “a cooler box” is a running cost. (a) True (b) False
9. 9.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
10. 10.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
11. 11.Nisha plans to make 37 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
12. 12.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
13. 13.Diya’s stall budget is ₹1000. A banner cost ₹160, card paper cost ₹300 and paper cups cost ₹290. How many rupees of the budget are left?
14. 14.Kabir’s stall budget is ₹460. Lemons cost ₹150, paper cups cost ₹170 and pots cost ₹130. How many rupees of the budget are left?
15. 15.🔍 Which is the odd one out? (a) seeds and soil (b) tea leaves and milk (c) sugar (d) a cash box
16. 16.Which of these is a running cost? (a) a price board (b) a cooler box (c) a cash box (d) tea leaves and milk
17. 17.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
18. 18.🔍 Which is the odd one out? (a) a price board (b) card paper (c) a cloth banner (d) a cash box
19. 19.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) sugar (d) seeds and soil
20. 20.Kavya has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
21. 21.🔍 Which is the odd one out? (a) a juicer (b) paper cups (c) sugar (d) lemons
22. 22.Farhan plans to make 43 handmade cards. Each needs ₹4 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
23. 23.Which of these is a running cost? (a) a cooler box (b) a juicer (c) sugar (d) a cloth banner
24. 24.Which of these is a one-time cost? (a) card paper (b) a juicer (c) ice (d) seeds and soil
25. 25.True or false: “sugar” is a one-time cost. (a) True (b) False
26. 26.Which of these is a running cost? (a) a cash box (b) paper cups (c) a folding table (d) a cloth banner
27. 27.Farhan plans to make 30 fruit cups. Each needs ₹6 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
28. 28.Vihaan has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
29. 29.Kabir has a budget of ₹900. The stock costs ₹150 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes
30. 30.Which of these is a running cost? (a) a cooler box (b) a price board (c) a cash box (d) seeds and soil
31. 31.Tara has a budget of ₹400. The stock costs ₹60 and the stall fee is ₹330. Is the budget enough? (a) Yes (b) No
32. 32.Which of these is a one-time cost? (a) seeds and soil (b) sugar (c) a folding table (d) paper cups
33. 33.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a price board (d) ice
34. 34.Kavya plans to make 49 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
35. 35.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
36. 36.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
37. 37.Kavya has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹120. Is the budget enough? (a) Yes (b) No
38. 38.True or false: “a juicer” is a one-time cost. (a) True (b) False
39. 39.🔍 Which is the odd one out? (a) seeds and soil (b) a price board (c) a folding table (d) a cooler box
40. 40.Ananya plans to make 12 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?

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