Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 32 · 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.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
2. 2.Which of these is a one-time cost? (a) sugar (b) a juicer (c) lemons (d) paper cups
3. 3.🔍 Which is the odd one out? (a) sugar (b) ice (c) seeds and soil (d) a cloth banner
4. 4.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
5. 5.True or false: “ice” is a one-time cost. (a) True (b) False
6. 6.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
7. 7.Diya’s stall budget is ₹250. Paper cups cost ₹50, seeds cost ₹20 and a banner cost ₹50. How many rupees of the budget are left?
8. 8.Saanvi has a budget of ₹1000. The stock costs ₹250 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes
9. 9.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) sugar (d) a price board
10. 10.Riya’s stall budget is ₹620. Sugar cost ₹260, seeds cost ₹90 and a price board cost ₹250. How many rupees of the budget are left?
11. 11.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
12. 12.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
13. 13.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) a cash box (d) lemons
14. 14.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) seeds and soil (d) a cooler box
15. 15.🔍 Which is the odd one out? (a) ice (b) lemons (c) a folding table (d) card paper
16. 16.Nisha has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
17. 17.Arjun plans to make 39 fruit cups. Each needs ₹6 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
18. 18.Saanvi has ₹50 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Saanvi can buy?
19. 19.Meera has ₹180 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Meera can buy?
20. 20.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) paper cups (d) a price board
21. 21.Lakshmi has a budget of ₹900. The stock costs ₹360 and the stall fee is ₹580. Is the budget enough? (a) Yes (b) No
22. 22.True or false: “a price board” is a running cost. (a) False (b) True
23. 23.🔍 Which is the odd one out? (a) ice (b) a juicer (c) a price board (d) a cooler box
24. 24.Tara’s stall budget is ₹510. Lemons cost ₹70, pots cost ₹180 and napkins cost ₹250. How many rupees of the budget are left?
25. 25.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) a price board (d) lemons
26. 26.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
27. 27.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) ice (d) a cooler box
28. 28.Diya plans to make 10 jute bags. Each needs ₹3 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
29. 29.Nisha has ₹70 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Nisha can buy?
30. 30.🔍 Which is the odd one out? (a) a price board (b) card paper (c) paper cups (d) tea leaves and milk
31. 31.Rohan plans to make 35 jute bags. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
32. 32.Vihaan has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
33. 33.True or false: “a cash box” is a running cost. (a) False (b) True
34. 34.Farhan has ₹50 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Farhan can buy?
35. 35.True or false: “a cash box” is a one-time cost. (a) True (b) False
36. 36.True or false: “card paper” is a running cost. (a) False (b) True
37. 37.True or false: “sugar” is a running cost. (a) True (b) False
38. 38.Riya’s stall budget is ₹580. Ribbon cost ₹40, a price board cost ₹220 and lemons cost ₹230. How many rupees of the budget are left?
39. 39.True or false: “paper cups” is a one-time cost. (a) False (b) True
40. 40.Kavya has ₹190 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Kavya can buy?

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