← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 433 · 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 cooler box (b) a cloth banner (c) ice (d) a folding table
  2. 2.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) card paper (d) paper cups
  3. 3.True or false: “lemons” is a running cost. (a) False (b) True
  4. 4.🔍 Which is the odd one out? (a) sugar (b) card paper (c) a folding table (d) ice
  5. 5.Which of these is a one-time cost? (a) card paper (b) a price board (c) seeds and soil (d) sugar
  6. 6.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  7. 7.Rohan has ₹260 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Rohan can buy?
  8. 8.Ananya plans to make 45 fruit cups. Each needs ₹4 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  9. 9.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  10. 10.🔍 Which is the odd one out? (a) a juicer (b) tea leaves and milk (c) a cloth banner (d) a price board
  11. 11.Tara plans to make 19 clay diyas. Each needs ₹3 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  12. 12.True or false: “sugar” is a running cost. (a) False (b) True
  13. 13.Ananya plans to make 28 jute bags. Each needs ₹2 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  14. 14.Kabir has a budget of ₹900. The stock costs ₹320 and the stall fee is ₹540. Is the budget enough? (a) No (b) Yes
  15. 15.True or false: “a cash box” is a one-time cost. (a) False (b) True
  16. 16.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) lemons (d) a cloth banner
  17. 17.Which of these is a one-time cost? (a) paper cups (b) a cash box (c) seeds and soil (d) lemons
  18. 18.Gurpreet’s stall budget is ₹700. Seeds cost ₹200, sugar cost ₹240 and a banner cost ₹20. How many rupees of the budget are left?
  19. 19.Meera has a budget of ₹1000. The stock costs ₹370 and the stall fee is ₹670. Is the budget enough? (a) Yes (b) No
  20. 20.Which of these is a running cost? (a) a juicer (b) seeds and soil (c) a cash box (d) a cloth banner
  21. 21.🔍 Which is the odd one out? (a) a folding table (b) a juicer (c) a price board (d) paper cups
  22. 22.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  23. 23.True or false: “lemons” is a one-time cost. (a) True (b) False
  24. 24.Aarav’s stall budget is ₹720. Sugar cost ₹260, a banner cost ₹240 and paper cups cost ₹90. How many rupees of the budget are left?
  25. 25.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  26. 26.Diya plans to make 12 cupcakes. Each needs ₹2 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  27. 27.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) seeds and soil (d) paper cups
  28. 28.Which of these is a one-time cost? (a) seeds and soil (b) a folding table (c) sugar (d) card paper
  29. 29.Ishaan has a budget of ₹800. The stock costs ₹170 and the stall fee is ₹650. Is the budget enough? (a) Yes (b) No
  30. 30.Kabir has ₹180 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Kabir can buy?
  31. 31.Joseph has a budget of ₹600. The stock costs ₹60 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  32. 32.🔍 Which is the odd one out? (a) a cloth banner (b) ice (c) a folding table (d) a juicer
  33. 33.Kavya has ₹300 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Kavya can buy?
  34. 34.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  35. 35.Diya’s stall budget is ₹500. Napkins cost ₹90, paper cups cost ₹120 and a banner cost ₹270. How many rupees of the budget are left?
  36. 36.Which of these is a one-time cost? (a) a cooler box (b) seeds and soil (c) ice (d) lemons
  37. 37.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) card paper (d) sugar
  38. 38.Joseph plans to make 16 fruit cups. Each needs ₹9 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  39. 39.Saanvi’s stall budget is ₹650. Paper cups cost ₹220, a banner cost ₹190 and lemons cost ₹70. How many rupees of the budget are left?
  40. 40.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost

Answer key

  1. ice
  2. a juicer
  3. True
  4. a folding table
  5. a price board
  6. a one-time cost
  7. 43
  8. 430
  9. a one-time cost
  10. tea leaves and milk
  11. 297
  12. True
  13. 196
  14. Yes
  15. True
  16. a cloth banner
  17. a cash box
  18. 240
  19. No
  20. seeds and soil
  21. paper cups
  22. True
  23. False
  24. 130
  25. a running cost
  26. 144
  27. a cloth banner
  28. a folding table
  29. No
  30. 12
  31. Yes
  32. ice
  33. 60
  34. a one-time cost
  35. 20
  36. a cooler box
  37. a cooler box
  38. 294
  39. 170
  40. a running cost

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