← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 438 · 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.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  2. 2.Which of these is a running cost? (a) a cooler box (b) paper cups (c) a folding table (d) a cloth banner
  3. 3.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  4. 4.Which of these is a running cost? (a) a price board (b) card paper (c) a folding table (d) a cloth banner
  5. 5.True or false: “a cooler box” is a running cost. (a) False (b) True
  6. 6.Riya has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  7. 7.Kabir plans to make 43 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  8. 8.Which of these is a one-time cost? (a) seeds and soil (b) ice (c) a juicer (d) paper cups
  9. 9.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  10. 10.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  11. 11.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  12. 12.True or false: “seeds and soil” is a running cost. (a) False (b) True
  13. 13.True or false: “ice” is a running cost. (a) True (b) False
  14. 14.Riya has ₹170 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Riya can buy?
  15. 15.Rohan’s stall budget is ₹670. Ribbon cost ₹170, a price board cost ₹70 and lemons cost ₹260. How many rupees of the budget are left?
  16. 16.Which of these is a one-time cost? (a) a cloth banner (b) seeds and soil (c) lemons (d) sugar
  17. 17.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  18. 18.Gurpreet’s stall budget is ₹540. A price board cost ₹130, paper cups cost ₹230 and a banner cost ₹20. How many rupees of the budget are left?
  19. 19.Lakshmi has ₹110 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Lakshmi can buy?
  20. 20.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) sugar (d) lemons
  21. 21.Riya has a budget of ₹800. The stock costs ₹320 and the stall fee is ₹520. Is the budget enough? (a) Yes (b) No
  22. 22.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  23. 23.Rohan has ₹390 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Rohan can buy?
  24. 24.Meera’s stall budget is ₹720. Pots cost ₹80, seeds cost ₹260 and a price board cost ₹290. How many rupees of the budget are left?
  25. 25.True or false: “card paper” is a one-time cost. (a) True (b) False
  26. 26.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  27. 27.Farhan has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  28. 28.True or false: “paper cups” is a one-time cost. (a) False (b) True
  29. 29.Diya’s stall budget is ₹440. A price board cost ₹250, napkins cost ₹60 and pots cost ₹90. How many rupees of the budget are left?
  30. 30.Rohan plans to make 37 handmade cards. Each needs ₹5 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  31. 31.Zoya has ₹100 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Zoya can buy?
  32. 32.Vihaan plans to make 35 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  33. 33.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) a cooler box (d) ice
  34. 34.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  35. 35.Which of these is a one-time cost? (a) paper cups (b) card paper (c) lemons (d) a cooler box
  36. 36.Which of these is a running cost? (a) seeds and soil (b) a folding table (c) a cash box (d) a cooler box
  37. 37.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  38. 38.Riya’s stall budget is ₹520. Ribbon cost ₹80, lemons cost ₹290 and seeds cost ₹130. How many rupees of the budget are left?
  39. 39.Meera’s stall budget is ₹590. A price board cost ₹250, a banner cost ₹50 and card paper cost ₹140. How many rupees of the budget are left?
  40. 40.True or false: “ice” is a one-time cost. (a) False (b) True

Answer key

  1. a running cost
  2. paper cups
  3. a running cost
  4. card paper
  5. False
  6. No
  7. 366
  8. a juicer
  9. a one-time cost
  10. True
  11. a running cost
  12. True
  13. True
  14. 14
  15. 170
  16. a cloth banner
  17. a running cost
  18. 160
  19. 9
  20. a cloth banner
  21. No
  22. a one-time cost
  23. 19
  24. 90
  25. False
  26. a running cost
  27. Yes
  28. False
  29. 40
  30. 275
  31. 8
  32. 400
  33. a cooler box
  34. True
  35. a cooler box
  36. seeds and soil
  37. False
  38. 20
  39. 150
  40. False

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