← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 372 · 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.Diya has ₹430 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Diya can buy?
  2. 2.Aarav has ₹320 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Aarav can buy?
  3. 3.Ananya has ₹380 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Ananya can buy?
  4. 4.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) lemons (d) a folding table
  5. 5.True or false: “seeds and soil” is a running cost. (a) False (b) True
  6. 6.Lakshmi has ₹310 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Lakshmi can buy?
  7. 7.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) ice (d) a cash box
  8. 8.True or false: “a cash box” is a running cost. (a) True (b) False
  9. 9.Which of these is a running cost? (a) a folding table (b) a juicer (c) card paper (d) a price board
  10. 10.🔍 Which is the odd one out? (a) paper cups (b) a cash box (c) a cloth banner (d) a cooler box
  11. 11.Farhan plans to make 42 friendship bands. Each needs ₹9 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  12. 12.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  13. 13.True or false: “a cash box” is a one-time cost. (a) False (b) True
  14. 14.True or false: “paper cups” is a running cost. (a) True (b) False
  15. 15.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) ice (d) a cooler box
  16. 16.🔍 Which is the odd one out? (a) sugar (b) lemons (c) seeds and soil (d) a cash box
  17. 17.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  18. 18.Tara has a budget of ₹500. The stock costs ₹220 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  19. 19.Ishaan has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  20. 20.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  21. 21.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  22. 22.Which of these is a running cost? (a) a cash box (b) tea leaves and milk (c) a folding table (d) a price board
  23. 23.🔍 Which is the odd one out? (a) a cash box (b) card paper (c) a cloth banner (d) a price board
  24. 24.True or false: “a juicer” is a one-time cost. (a) False (b) True
  25. 25.Joseph plans to make 39 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  26. 26.Dev has a budget of ₹900. The stock costs ₹380 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  27. 27.🔍 Which is the odd one out? (a) a price board (b) tea leaves and milk (c) lemons (d) ice
  28. 28.Which of these is a one-time cost? (a) card paper (b) a cash box (c) ice (d) lemons
  29. 29.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  30. 30.Kabir has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  31. 31.🔍 Which is the odd one out? (a) seeds and soil (b) tea leaves and milk (c) card paper (d) a cloth banner
  32. 32.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) a cash box (d) seeds and soil
  33. 33.Zoya has a budget of ₹600. The stock costs ₹260 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  34. 34.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a folding table (d) sugar
  35. 35.Ananya’s stall budget is ₹420. A banner cost ₹50, napkins cost ₹100 and ribbon cost ₹110. How many rupees of the budget are left?
  36. 36.Kabir plans to make 19 jute bags. Each needs ₹10 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  37. 37.Tara plans to make 45 jute bags. Each needs ₹10 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  38. 38.True or false: “card paper” is a one-time cost. (a) True (b) False
  39. 39.True or false: “paper cups” is a one-time cost. (a) True (b) False
  40. 40.Ishaan’s stall budget is ₹510. Card paper cost ₹200, ribbon cost ₹170 and lemons cost ₹130. How many rupees of the budget are left?

Answer key

  1. 86
  2. 16
  3. 76
  4. lemons
  5. True
  6. 77
  7. ice
  8. False
  9. card paper
  10. paper cups
  11. 678
  12. a running cost
  13. True
  14. True
  15. ice
  16. a cash box
  17. a one-time cost
  18. Yes
  19. Yes
  20. a running cost
  21. a one-time cost
  22. tea leaves and milk
  23. card paper
  24. True
  25. 366
  26. Yes
  27. a price board
  28. a cash box
  29. a one-time cost
  30. Yes
  31. a cloth banner
  32. seeds and soil
  33. Yes
  34. sugar
  35. 160
  36. 380
  37. 530
  38. False
  39. False
  40. 10

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