← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 424 · 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 running cost? (a) a juicer (b) tea leaves and milk (c) a folding table (d) a cloth banner
  2. 2.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  3. 3.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) card paper (d) a folding table
  4. 4.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  5. 5.Aarav plans to make 42 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  6. 6.Dev plans to make 46 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  7. 7.🔍 Which is the odd one out? (a) a juicer (b) ice (c) a price board (d) a folding table
  8. 8.Ishaan’s stall budget is ₹660. A price board cost ₹210, pots cost ₹20 and a banner cost ₹280. How many rupees of the budget are left?
  9. 9.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) a juicer (d) a cash box
  10. 10.Riya has a budget of ₹800. The stock costs ₹60 and the stall fee is ₹700. Is the budget enough? (a) Yes (b) No
  11. 11.Lakshmi plans to make 10 cupcakes. Each needs ₹7 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  12. 12.Lakshmi’s stall budget is ₹490. A banner cost ₹40, seeds cost ₹230 and pots cost ₹170. How many rupees of the budget are left?
  13. 13.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) a folding table (d) seeds and soil
  14. 14.🔍 Which is the odd one out? (a) paper cups (b) a price board (c) tea leaves and milk (d) ice
  15. 15.Vihaan’s stall budget is ₹390. Paper cups cost ₹70, a price board cost ₹70 and a banner cost ₹60. How many rupees of the budget are left?
  16. 16.Diya has ₹390 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Diya can buy?
  17. 17.🔍 Which is the odd one out? (a) a price board (b) tea leaves and milk (c) a folding table (d) a cash box
  18. 18.🔍 Which is the odd one out? (a) card paper (b) lemons (c) tea leaves and milk (d) a juicer
  19. 19.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  20. 20.True or false: “a juicer” is a running cost. (a) False (b) True
  21. 21.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  22. 22.Ananya’s stall budget is ₹650. Sugar cost ₹20, napkins cost ₹270 and ribbon cost ₹70. How many rupees of the budget are left?
  23. 23.Which of these is a running cost? (a) a folding table (b) card paper (c) a price board (d) a cloth banner
  24. 24.True or false: “a folding table” is a one-time cost. (a) True (b) False
  25. 25.Which of these is a one-time cost? (a) lemons (b) card paper (c) a cloth banner (d) seeds and soil
  26. 26.Nisha has ₹410 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Nisha can buy?
  27. 27.🔍 Which is the odd one out? (a) a price board (b) seeds and soil (c) a cooler box (d) a juicer
  28. 28.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  29. 29.Which of these is a running cost? (a) a cash box (b) a price board (c) paper cups (d) a cloth banner
  30. 30.Saanvi has ₹80 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Saanvi can buy?
  31. 31.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) a price board (d) ice
  32. 32.Which of these is a running cost? (a) a cloth banner (b) seeds and soil (c) a juicer (d) a folding table
  33. 33.Rohan’s stall budget is ₹800. A banner cost ₹280, ribbon cost ₹110 and pots cost ₹160. How many rupees of the budget are left?
  34. 34.True or false: “lemons” is a running cost. (a) False (b) True
  35. 35.Tara plans to make 10 potted plants. Each needs ₹4 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  36. 36.Arjun has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹160. Is the budget enough? (a) No (b) Yes
  37. 37.Saanvi has ₹180 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Saanvi can buy?
  38. 38.True or false: “sugar” is a running cost. (a) True (b) False
  39. 39.Ananya’s stall budget is ₹510. A price board cost ₹220, ribbon cost ₹80 and sugar cost ₹50. How many rupees of the budget are left?
  40. 40.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True

Answer key

  1. tea leaves and milk
  2. a one-time cost
  3. a folding table
  4. a running cost
  5. 176
  6. 274
  7. ice
  8. 150
  9. lemons
  10. Yes
  11. 160
  12. 50
  13. a folding table
  14. a price board
  15. 190
  16. 26
  17. tea leaves and milk
  18. a juicer
  19. a running cost
  20. False
  21. False
  22. 290
  23. card paper
  24. True
  25. a cloth banner
  26. 68
  27. seeds and soil
  28. a one-time cost
  29. paper cups
  30. 6
  31. ice
  32. seeds and soil
  33. 250
  34. True
  35. 270
  36. Yes
  37. 15
  38. True
  39. 160
  40. False

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