Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 332 · 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.Gurpreet has ₹170 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Gurpreet can buy?
2. 2.Which of these is a one-time cost? (a) sugar (b) a cash box (c) lemons (d) paper cups
3. 3.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
4. 4.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a cooler box (d) card paper
5. 5.True or false: “card paper” is a running cost. (a) True (b) False
6. 6.True or false: “a folding table” is a one-time cost. (a) False (b) True
7. 7.True or false: “lemons” is a running cost. (a) False (b) True
8. 8.Which of these is a running cost? (a) a folding table (b) seeds and soil (c) a cloth banner (d) a juicer
9. 9.Nisha has ₹350 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Nisha can buy?
10. 10.Tara plans to make 49 fruit cups. Each needs ₹6 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
11. 11.Ananya has a budget of ₹900. The stock costs ₹360 and the stall fee is ₹580. Is the budget enough? (a) No (b) Yes
12. 12.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
13. 13.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
14. 14.Which of these is a one-time cost? (a) a cloth banner (b) card paper (c) sugar (d) lemons
15. 15.🔍 Which is the odd one out? (a) seeds and soil (b) a cash box (c) a folding table (d) a cloth banner
16. 16.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
17. 17.Which of these is a running cost? (a) a juicer (b) a folding table (c) a price board (d) tea leaves and milk
18. 18.Which of these is a one-time cost? (a) card paper (b) sugar (c) seeds and soil (d) a juicer
19. 19.Ishaan’s stall budget is ₹930. A banner cost ₹290, lemons cost ₹260 and seeds cost ₹190. How many rupees of the budget are left?
20. 20.Farhan plans to make 16 clay diyas. Each needs ₹7 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
21. 21.True or false: “a juicer” is a one-time cost. (a) False (b) True
22. 22.True or false: “paper cups” is a one-time cost. (a) False (b) True
23. 23.Which of these is a running cost? (a) a folding table (b) a juicer (c) card paper (d) a cloth banner
24. 24.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
25. 25.🔍 Which is the odd one out? (a) lemons (b) sugar (c) ice (d) a cash box
26. 26.True or false: “ice” is a running cost. (a) False (b) True
27. 27.True or false: “card paper” is a one-time cost. (a) True (b) False
28. 28.Tara has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
29. 29.True or false: “a folding table” is a running cost. (a) False (b) True
30. 30.Meera’s stall budget is ₹900. Card paper cost ₹270, paper cups cost ₹220 and napkins cost ₹260. How many rupees of the budget are left?
31. 31.True or false: “a cash box” is a one-time cost. (a) False (b) True
32. 32.True or false: “a juicer” is a running cost. (a) False (b) True
33. 33.Meera’s stall budget is ₹660. Card paper cost ₹90, ribbon cost ₹290 and napkins cost ₹40. How many rupees of the budget are left?
34. 34.Zoya plans to make 11 painted pebbles. Each needs ₹10 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
35. 35.Diya has ₹410 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Diya can buy?
36. 36.Riya has ₹450 to spend on packs of cups. One pack of cups costs ₹12. What is the greatest number of packs of cups Riya can buy?
37. 37.Ananya plans to make 33 bags of popcorn. Each needs ₹9 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
38. 38.True or false: “seeds and soil” is a running cost. (a) True (b) False
39. 39.Gurpreet has ₹300 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Gurpreet can buy?
40. 40.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True

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