← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 45 · 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.True or false: “card paper” is a one-time cost. (a) False (b) True
  2. 2.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) tea leaves and milk (d) seeds and soil
  3. 3.Saanvi’s stall budget is ₹320. Napkins cost ₹70, lemons cost ₹110 and pots cost ₹50. How many rupees of the budget are left?
  4. 4.Riya’s stall budget is ₹750. Card paper cost ₹40, paper cups cost ₹280 and sugar cost ₹210. How many rupees of the budget are left?
  5. 5.Kabir’s stall budget is ₹480. Paper cups cost ₹30, a banner cost ₹120 and a price board cost ₹120. How many rupees of the budget are left?
  6. 6.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) a cooler box (d) sugar
  7. 7.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  8. 8.True or false: “ice” is a running cost. (a) False (b) True
  9. 9.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  10. 10.Which of these is a running cost? (a) a price board (b) a cash box (c) lemons (d) a juicer
  11. 11.Saanvi’s stall budget is ₹890. A banner cost ₹240, paper cups cost ₹290 and pots cost ₹230. How many rupees of the budget are left?
  12. 12.True or false: “a folding table” is a running cost. (a) False (b) True
  13. 13.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  14. 14.Joseph has ₹240 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Joseph can buy?
  15. 15.Farhan’s stall budget is ₹500. Card paper cost ₹120, a banner cost ₹20 and paper cups cost ₹300. How many rupees of the budget are left?
  16. 16.Which of these is a running cost? (a) card paper (b) a folding table (c) a cash box (d) a cloth banner
  17. 17.🔍 Which is the odd one out? (a) card paper (b) a cloth banner (c) a folding table (d) a cash box
  18. 18.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  19. 19.Which of these is a one-time cost? (a) a price board (b) lemons (c) seeds and soil (d) tea leaves and milk
  20. 20.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  21. 21.True or false: “a price board” is a running cost. (a) True (b) False
  22. 22.Vihaan’s stall budget is ₹630. Pots cost ₹260, paper cups cost ₹250 and card paper cost ₹60. How many rupees of the budget are left?
  23. 23.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  24. 24.Riya has ₹60 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Riya can buy?
  25. 25.🔍 Which is the odd one out? (a) ice (b) a cooler box (c) card paper (d) lemons
  26. 26.🔍 Which is the odd one out? (a) card paper (b) tea leaves and milk (c) ice (d) a juicer
  27. 27.Vihaan plans to make 28 friendship bands. Each needs ₹2 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  28. 28.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  29. 29.True or false: “a cash box” is a running cost. (a) True (b) False
  30. 30.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a folding table (d) seeds and soil
  31. 31.Farhan’s stall budget is ₹400. A banner cost ₹60, ribbon cost ₹60 and card paper cost ₹140. How many rupees of the budget are left?
  32. 32.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) a cash box (d) lemons
  33. 33.Meera’s stall budget is ₹600. A banner cost ₹270, lemons cost ₹150 and a price board cost ₹160. How many rupees of the budget are left?
  34. 34.🔍 Which is the odd one out? (a) a price board (b) a juicer (c) lemons (d) a folding table
  35. 35.True or false: “paper cups” is a running cost. (a) False (b) True
  36. 36.True or false: “a cooler box” is a running cost. (a) True (b) False
  37. 37.Kavya’s stall budget is ₹710. Napkins cost ₹270, pots cost ₹70 and seeds cost ₹160. How many rupees of the budget are left?
  38. 38.Which of these is a one-time cost? (a) sugar (b) paper cups (c) a cash box (d) tea leaves and milk
  39. 39.True or false: “ice” is a one-time cost. (a) False (b) True
  40. 40.Dev plans to make 12 bags of popcorn. Each needs ₹5 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?

Answer key

  1. False
  2. a cloth banner
  3. 90
  4. 220
  5. 210
  6. a cooler box
  7. a running cost
  8. True
  9. True
  10. lemons
  11. 130
  12. False
  13. a running cost
  14. 30
  15. 60
  16. card paper
  17. card paper
  18. False
  19. a price board
  20. a one-time cost
  21. False
  22. 60
  23. a one-time cost
  24. 4
  25. a cooler box
  26. a juicer
  27. 146
  28. a running cost
  29. False
  30. seeds and soil
  31. 140
  32. a cash box
  33. 20
  34. lemons
  35. True
  36. False
  37. 210
  38. a cash box
  39. False
  40. 180

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