Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 413 · 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) sugar (b) card paper (c) a cooler box (d) tea leaves and milk
2. 2.Ananya has ₹280 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Ananya can buy?
3. 3.Which of these is a one-time cost? (a) a cloth banner (b) tea leaves and milk (c) ice (d) card paper
4. 4.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) paper cups (d) sugar
5. 5.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) a cash box (d) ice
6. 6.Which of these is a one-time cost? (a) a price board (b) lemons (c) paper cups (d) tea leaves and milk
7. 7.True or false: “ice” is a one-time cost. (a) True (b) False
8. 8.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
9. 9.True or false: “a cash box” is a one-time cost. (a) True (b) False
10. 10.Arjun has ₹420 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Arjun can buy?
11. 11.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
12. 12.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) a juicer (d) sugar
13. 13.Which of these is a running cost? (a) paper cups (b) a price board (c) a juicer (d) a cloth banner
14. 14.Diya’s stall budget is ₹500. Ribbon cost ₹60, napkins cost ₹200 and a price board cost ₹30. How many rupees of the budget are left?
15. 15.Kavya’s stall budget is ₹250. Lemons cost ₹40, a price board cost ₹60 and a banner cost ₹110. How many rupees of the budget are left?
16. 16.True or false: “a price board” is a one-time cost. (a) False (b) True
17. 17.Diya 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 Diya can buy?
18. 18.Gurpreet has ₹210 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Gurpreet can buy?
19. 19.🔍 Which is the odd one out? (a) sugar (b) tea leaves and milk (c) a cash box (d) paper cups
20. 20.Aarav’s stall budget is ₹480. Card paper cost ₹90, ribbon cost ₹140 and lemons cost ₹90. How many rupees of the budget are left?
21. 21.Dev’s stall budget is ₹540. Napkins cost ₹40, sugar cost ₹70 and pots cost ₹210. How many rupees of the budget are left?
22. 22.True or false: “lemons” is a one-time cost. (a) True (b) False
23. 23.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
24. 24.Which of these is a running cost? (a) seeds and soil (b) a cash box (c) a price board (d) a folding table
25. 25.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
26. 26.True or false: “sugar” is a running cost. (a) True (b) False
27. 27.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
28. 28.Meera has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
29. 29.Kavya plans to make 32 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
30. 30.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) a price board (d) lemons
31. 31.Which of these is a running cost? (a) sugar (b) a cooler box (c) a folding table (d) a cloth banner
32. 32.Which of these is a running cost? (a) a cloth banner (b) tea leaves and milk (c) a cash box (d) a cooler box
33. 33.Ishaan has a budget of ₹500. The stock costs ₹110 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
34. 34.Tara has ₹90 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Tara can buy?
35. 35.Dev has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹160. Is the budget enough? (a) Yes (b) No
36. 36.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) paper cups (d) lemons
37. 37.Joseph has ₹200 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Joseph can buy?
38. 38.Zoya has ₹250 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Zoya can buy?
39. 39.Gurpreet plans to make 11 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
40. 40.True or false: “a cash box” is a running cost. (a) False (b) True

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