← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 316 · 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 is the odd one out? (a) ice (b) lemons (c) tea leaves and milk (d) a folding table
  2. 2.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) paper cups (d) a cash box
  3. 3.True or false: “a price board” is a running cost. (a) True (b) False
  4. 4.Which of these is a one-time cost? (a) sugar (b) lemons (c) ice (d) a juicer
  5. 5.Lakshmi has a budget of ₹1000. The stock costs ₹190 and the stall fee is ₹770. Is the budget enough? (a) No (b) Yes
  6. 6.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  7. 7.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  8. 8.True or false: “paper cups” is a running cost. (a) True (b) False
  9. 9.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) a juicer (d) a folding table
  10. 10.Zoya has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  11. 11.Which of these is a running cost? (a) a juicer (b) a price board (c) a cooler box (d) seeds and soil
  12. 12.Dev’s stall budget is ₹580. Napkins cost ₹190, pots cost ₹280 and a price board cost ₹100. How many rupees of the budget are left?
  13. 13.Ishaan’s stall budget is ₹420. Napkins cost ₹40, lemons cost ₹130 and ribbon cost ₹220. How many rupees of the budget are left?
  14. 14.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) sugar (d) a cooler box
  15. 15.Farhan has ₹480 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Farhan can buy?
  16. 16.Which of these is a running cost? (a) a price board (b) a juicer (c) sugar (d) a cash box
  17. 17.🔍 Which is the odd one out? (a) paper cups (b) a cash box (c) a price board (d) a cloth banner
  18. 18.Lakshmi’s stall budget is ₹400. Sugar cost ₹60, card paper cost ₹290 and pots cost ₹40. How many rupees of the budget are left?
  19. 19.Kabir plans to make 24 clay diyas. Each needs ₹7 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  20. 20.Aarav plans to make 49 jute bags. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  21. 21.Meera plans to make 18 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  22. 22.Tara’s stall budget is ₹820. Pots cost ₹220, sugar cost ₹40 and card paper cost ₹270. How many rupees of the budget are left?
  23. 23.True or false: “card paper” is a one-time cost. (a) False (b) True
  24. 24.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  25. 25.Aarav plans to make 19 potted plants. Each needs ₹2 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  26. 26.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) card paper (d) a cloth banner
  27. 27.Nisha plans to make 32 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  28. 28.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  29. 29.Which of these is a one-time cost? (a) a price board (b) paper cups (c) card paper (d) ice
  30. 30.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  31. 31.Zoya’s stall budget is ₹720. Pots cost ₹190, a price board cost ₹150 and lemons cost ₹270. How many rupees of the budget are left?
  32. 32.Kavya has a budget of ₹1000. The stock costs ₹110 and the stall fee is ₹840. Is the budget enough? (a) No (b) Yes
  33. 33.Saanvi plans to make 47 clay diyas. Each needs ₹7 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  34. 34.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  35. 35.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  36. 36.Joseph plans to make 38 bags of popcorn. Each needs ₹8 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  37. 37.True or false: “a folding table” is a running cost. (a) True (b) False
  38. 38.Saanvi plans to make 12 clay diyas. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  39. 39.Ananya has ₹90 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Ananya can buy?
  40. 40.Which of these is a running cost? (a) lemons (b) a cash box (c) a juicer (d) a price board

Answer key

  1. a folding table
  2. a cash box
  3. False
  4. a juicer
  5. Yes
  6. a running cost
  7. a one-time cost
  8. True
  9. seeds and soil
  10. No
  11. seeds and soil
  12. 10
  13. 30
  14. sugar
  15. 24
  16. sugar
  17. paper cups
  18. 10
  19. 278
  20. 493
  21. 202
  22. 290
  23. False
  24. a one-time cost
  25. 158
  26. a cloth banner
  27. 360
  28. True
  29. a price board
  30. a one-time cost
  31. 110
  32. Yes
  33. 379
  34. False
  35. a running cost
  36. 534
  37. False
  38. 230
  39. 9
  40. lemons

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