← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 423 · 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 of these is a one-time cost? (a) a juicer (b) tea leaves and milk (c) seeds and soil (d) paper cups
  2. 2.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cloth banner (c) paper cups (d) card paper
  3. 3.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  4. 4.Which of these is a running cost? (a) seeds and soil (b) a cooler box (c) a cash box (d) a juicer
  5. 5.Which of these is a running cost? (a) a cash box (b) a folding table (c) a price board (d) lemons
  6. 6.True or false: “card paper” is a running cost. (a) False (b) True
  7. 7.Ananya has a budget of ₹1000. The stock costs ₹170 and the stall fee is ₹790. Is the budget enough? (a) Yes (b) No
  8. 8.Rohan has ₹60 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Rohan can buy?
  9. 9.Which of these is a one-time cost? (a) ice (b) seeds and soil (c) lemons (d) a folding table
  10. 10.Meera’s stall budget is ₹500. Paper cups cost ₹90, a banner cost ₹240 and lemons cost ₹20. How many rupees of the budget are left?
  11. 11.True or false: “seeds and soil” is a running cost. (a) True (b) False
  12. 12.Saanvi’s stall budget is ₹780. Seeds cost ₹210, napkins cost ₹150 and a banner cost ₹180. How many rupees of the budget are left?
  13. 13.Which of these is a one-time cost? (a) a price board (b) tea leaves and milk (c) lemons (d) ice
  14. 14.Aarav has ₹90 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Aarav can buy?
  15. 15.Riya plans to make 33 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  16. 16.Kavya’s stall budget is ₹440. Ribbon cost ₹250, seeds cost ₹140 and a banner cost ₹30. How many rupees of the budget are left?
  17. 17.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  18. 18.Diya has a budget of ₹900. The stock costs ₹150 and the stall fee is ₹780. Is the budget enough? (a) No (b) Yes
  19. 19.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  20. 20.True or false: “ice” is a running cost. (a) True (b) False
  21. 21.Rohan’s stall budget is ₹580. A price board cost ₹210, seeds cost ₹140 and lemons cost ₹70. How many rupees of the budget are left?
  22. 22.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) a cloth banner (d) tea leaves and milk
  23. 23.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  24. 24.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) sugar (d) a cash box
  25. 25.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  26. 26.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) a cash box (d) paper cups
  27. 27.True or false: “a cloth banner” is a running cost. (a) True (b) False
  28. 28.Tara has ₹130 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Tara can buy?
  29. 29.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) a folding table (d) lemons
  30. 30.Aarav has a budget of ₹600. The stock costs ₹80 and the stall fee is ₹560. Is the budget enough? (a) No (b) Yes
  31. 31.Kavya has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  32. 32.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  33. 33.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  34. 34.Kavya plans to make 20 clay diyas. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  35. 35.Farhan plans to make 48 friendship bands. Each needs ₹9 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  36. 36.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  37. 37.Gurpreet plans to make 38 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  38. 38.Kabir’s stall budget is ₹540. Napkins cost ₹20, card paper cost ₹200 and pots cost ₹270. How many rupees of the budget are left?
  39. 39.Gurpreet plans to make 27 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  40. 40.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) sugar (d) a price board

Answer key

  1. a juicer
  2. a cloth banner
  3. a running cost
  4. seeds and soil
  5. lemons
  6. True
  7. Yes
  8. 5
  9. a folding table
  10. 150
  11. True
  12. 240
  13. a price board
  14. 18
  15. 339
  16. 20
  17. a one-time cost
  18. No
  19. a running cost
  20. True
  21. 160
  22. a cloth banner
  23. a running cost
  24. a cash box
  25. False
  26. paper cups
  27. False
  28. 13
  29. a folding table
  30. No
  31. No
  32. a one-time cost
  33. a one-time cost
  34. 310
  35. 732
  36. False
  37. 490
  38. 50
  39. 198
  40. sugar

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