← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 428 · 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) ice (b) a cooler box (c) tea leaves and milk (d) paper cups
  2. 2.Which of these is a running cost? (a) a cloth banner (b) a cooler box (c) a folding table (d) sugar
  3. 3.True or false: “a cloth banner” is a running cost. (a) True (b) False
  4. 4.Kabir has ₹390 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Kabir can buy?
  5. 5.Farhan’s stall budget is ₹880. A price board cost ₹270, napkins cost ₹150 and paper cups cost ₹190. How many rupees of the budget are left?
  6. 6.Which of these is a running cost? (a) lemons (b) a cooler box (c) a cash box (d) a cloth banner
  7. 7.Joseph has a budget of ₹800. The stock costs ₹240 and the stall fee is ₹540. Is the budget enough? (a) Yes (b) No
  8. 8.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  9. 9.🔍 Which is the odd one out? (a) a price board (b) tea leaves and milk (c) a folding table (d) a cooler box
  10. 10.Which of these is a running cost? (a) a cooler box (b) a juicer (c) seeds and soil (d) a folding table
  11. 11.🔍 Which is the odd one out? (a) a cash box (b) sugar (c) card paper (d) ice
  12. 12.Kavya’s stall budget is ₹990. Lemons cost ₹240, a price board cost ₹290 and card paper cost ₹200. How many rupees of the budget are left?
  13. 13.Arjun has ₹430 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Arjun can buy?
  14. 14.True or false: “paper cups” is a one-time cost. (a) True (b) False
  15. 15.True or false: “ice” is a one-time cost. (a) False (b) True
  16. 16.Farhan’s stall budget is ₹470. Pots cost ₹240, ribbon cost ₹140 and a price board cost ₹50. How many rupees of the budget are left?
  17. 17.Ananya has ₹430 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Ananya can buy?
  18. 18.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) a cloth banner (d) lemons
  19. 19.Ishaan has a budget of ₹400. The stock costs ₹180 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  20. 20.True or false: “a cooler box” is a running cost. (a) True (b) False
  21. 21.Which of these is a running cost? (a) paper cups (b) a folding table (c) a cloth banner (d) a juicer
  22. 22.Which of these is a one-time cost? (a) paper cups (b) a juicer (c) tea leaves and milk (d) ice
  23. 23.Diya has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  24. 24.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  25. 25.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) a cloth banner (d) lemons
  26. 26.True or false: “a cash box” is a running cost. (a) False (b) True
  27. 27.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) a juicer (d) seeds and soil
  28. 28.True or false: “a juicer” is a one-time cost. (a) True (b) False
  29. 29.True or false: “seeds and soil” is a running cost. (a) False (b) True
  30. 30.Farhan has ₹70 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Farhan can buy?
  31. 31.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  32. 32.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  33. 33.Vihaan has ₹390 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Vihaan can buy?
  34. 34.True or false: “card paper” is a running cost. (a) False (b) True
  35. 35.Nisha has ₹190 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Nisha can buy?
  36. 36.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  37. 37.Zoya has a budget of ₹700. The stock costs ₹190 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  38. 38.Kabir plans to make 46 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  39. 39.Kavya’s stall budget is ₹300. Napkins cost ₹100, a banner cost ₹140 and pots cost ₹40. How many rupees of the budget are left?
  40. 40.Diya has ₹330 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Diya can buy?

Answer key

  1. a cooler box
  2. sugar
  3. False
  4. 48
  5. 270
  6. lemons
  7. Yes
  8. a running cost
  9. tea leaves and milk
  10. seeds and soil
  11. a cash box
  12. 260
  13. 53
  14. False
  15. False
  16. 40
  17. 107
  18. lemons
  19. Yes
  20. False
  21. paper cups
  22. a juicer
  23. Yes
  24. a one-time cost
  25. a cloth banner
  26. False
  27. a juicer
  28. True
  29. True
  30. 11
  31. a running cost
  32. a one-time cost
  33. 97
  34. True
  35. 15
  36. True
  37. Yes
  38. 560
  39. 20
  40. 66

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