← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 450 · 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.Vihaan has ₹110 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Vihaan can buy?
  2. 2.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  3. 3.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) sugar (d) a folding table
  4. 4.Kavya has ₹70 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Kavya can buy?
  5. 5.Joseph’s stall budget is ₹490. A banner cost ₹60, card paper cost ₹100 and ribbon cost ₹100. How many rupees of the budget are left?
  6. 6.Ishaan has a budget of ₹900. The stock costs ₹300 and the stall fee is ₹570. Is the budget enough? (a) No (b) Yes
  7. 7.True or false: “lemons” is a one-time cost. (a) False (b) True
  8. 8.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  9. 9.Kabir plans to make 32 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  10. 10.Which of these is a running cost? (a) a folding table (b) a cash box (c) lemons (d) a juicer
  11. 11.True or false: “a cash box” is a running cost. (a) True (b) False
  12. 12.Vihaan has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  13. 13.Meera’s stall budget is ₹320. A banner cost ₹130, lemons cost ₹50 and sugar cost ₹30. How many rupees of the budget are left?
  14. 14.Aarav has a budget of ₹400. The stock costs ₹150 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  15. 15.Which of these is a running cost? (a) a cooler box (b) tea leaves and milk (c) a folding table (d) a price board
  16. 16.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) a cloth banner (d) tea leaves and milk
  17. 17.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  18. 18.Farhan’s stall budget is ₹620. Ribbon cost ₹120, seeds cost ₹140 and card paper cost ₹60. How many rupees of the budget are left?
  19. 19.Farhan’s stall budget is ₹730. A banner cost ₹80, napkins cost ₹130 and sugar cost ₹290. How many rupees of the budget are left?
  20. 20.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a folding table (d) lemons
  21. 21.True or false: “a cooler box” is a running cost. (a) True (b) False
  22. 22.Ananya has ₹110 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Ananya can buy?
  23. 23.True or false: “a cash box” is a one-time cost. (a) False (b) True
  24. 24.Aarav has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹170. Is the budget enough? (a) Yes (b) No
  25. 25.Which of these is a running cost? (a) ice (b) a cloth banner (c) a cooler box (d) a juicer
  26. 26.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) paper cups (d) a juicer
  27. 27.True or false: “paper cups” is a one-time cost. (a) True (b) False
  28. 28.Ananya has a budget of ₹600. The stock costs ₹50 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  29. 29.Which of these is a running cost? (a) sugar (b) a juicer (c) a folding table (d) a cooler box
  30. 30.Rohan’s stall budget is ₹460. A price board cost ₹40, napkins cost ₹50 and ribbon cost ₹80. How many rupees of the budget are left?
  31. 31.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) ice (d) a cloth banner
  32. 32.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  33. 33.Rohan has a budget of ₹400. The stock costs ₹110 and the stall fee is ₹310. Is the budget enough? (a) No (b) Yes
  34. 34.Vihaan plans to make 21 paper bookmarks. Each needs ₹7 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  35. 35.Ananya has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  36. 36.Meera plans to make 40 jute bags. Each needs ₹3 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  37. 37.Lakshmi’s stall budget is ₹680. Napkins cost ₹270, lemons cost ₹100 and pots cost ₹40. How many rupees of the budget are left?
  38. 38.🔍 Which is the odd one out? (a) lemons (b) sugar (c) a folding table (d) ice
  39. 39.Tara has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  40. 40.🔍 Which is the odd one out? (a) a cash box (b) lemons (c) seeds and soil (d) card paper

Answer key

  1. 22
  2. a one-time cost
  3. sugar
  4. 11
  5. 230
  6. Yes
  7. False
  8. a running cost
  9. 356
  10. lemons
  11. False
  12. Yes
  13. 110
  14. Yes
  15. tea leaves and milk
  16. a cloth banner
  17. a one-time cost
  18. 300
  19. 230
  20. lemons
  21. False
  22. 18
  23. True
  24. Yes
  25. ice
  26. paper cups
  27. False
  28. Yes
  29. sugar
  30. 290
  31. ice
  32. a one-time cost
  33. No
  34. 387
  35. Yes
  36. 350
  37. 270
  38. a folding table
  39. No
  40. a cash box

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