← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 455 · 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 is the odd one out? (a) card paper (b) lemons (c) sugar (d) a cloth banner
  2. 2.Kabir has a budget of ₹800. The stock costs ₹190 and the stall fee is ₹560. Is the budget enough? (a) No (b) Yes
  3. 3.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) seeds and soil (d) a cash box
  4. 4.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  5. 5.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  6. 6.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  7. 7.Ananya has ₹380 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Ananya can buy?
  8. 8.Rohan has a budget of ₹1000. The stock costs ₹200 and the stall fee is ₹750. Is the budget enough? (a) Yes (b) No
  9. 9.Which of these is a one-time cost? (a) ice (b) a juicer (c) seeds and soil (d) card paper
  10. 10.Riya has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  11. 11.Rohan’s stall budget is ₹360. Sugar cost ₹60, a banner cost ₹40 and card paper cost ₹20. How many rupees of the budget are left?
  12. 12.Farhan’s stall budget is ₹530. Seeds cost ₹70, pots cost ₹60 and ribbon cost ₹280. How many rupees of the budget are left?
  13. 13.Tara has a budget of ₹700. The stock costs ₹220 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  14. 14.🔍 Which is the odd one out? (a) sugar (b) ice (c) seeds and soil (d) a price board
  15. 15.Joseph plans to make 34 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  16. 16.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  17. 17.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) tea leaves and milk (d) a cloth banner
  18. 18.True or false: “a folding table” is a one-time cost. (a) True (b) False
  19. 19.Which of these is a one-time cost? (a) sugar (b) card paper (c) a cooler box (d) paper cups
  20. 20.Which of these is a running cost? (a) a price board (b) lemons (c) a juicer (d) a folding table
  21. 21.True or false: “ice” is a running cost. (a) False (b) True
  22. 22.Zoya’s stall budget is ₹590. Napkins cost ₹280, seeds cost ₹50 and a price board cost ₹90. How many rupees of the budget are left?
  23. 23.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  24. 24.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a cash box (d) paper cups
  25. 25.Ishaan has ₹110 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Ishaan can buy?
  26. 26.🔍 Which is the odd one out? (a) tea leaves and milk (b) a juicer (c) sugar (d) ice
  27. 27.Lakshmi’s stall budget is ₹340. Seeds cost ₹50, pots cost ₹130 and a banner cost ₹120. How many rupees of the budget are left?
  28. 28.True or false: “ice” is a one-time cost. (a) True (b) False
  29. 29.Gurpreet has ₹200 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Gurpreet can buy?
  30. 30.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  31. 31.Gurpreet has a budget of ₹500. The stock costs ₹150 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
  32. 32.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  33. 33.Rohan’s stall budget is ₹780. A banner cost ₹110, napkins cost ₹240 and seeds cost ₹180. How many rupees of the budget are left?
  34. 34.Nisha plans to make 24 potted plants. Each needs ₹3 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  35. 35.Joseph’s stall budget is ₹1050. A price board cost ₹290, pots cost ₹290 and napkins cost ₹300. How many rupees of the budget are left?
  36. 36.Lakshmi’s stall budget is ₹650. Ribbon cost ₹160, napkins cost ₹180 and sugar cost ₹70. How many rupees of the budget are left?
  37. 37.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  38. 38.Farhan plans to make 28 clay diyas. Each needs ₹9 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  39. 39.Tara has a budget of ₹500. The stock costs ₹180 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  40. 40.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) tea leaves and milk (d) a cooler box

Answer key

  1. a cloth banner
  2. Yes
  3. seeds and soil
  4. a running cost
  5. a one-time cost
  6. a running cost
  7. 19
  8. Yes
  9. a juicer
  10. No
  11. 240
  12. 120
  13. No
  14. a price board
  15. 328
  16. a one-time cost
  17. tea leaves and milk
  18. True
  19. a cooler box
  20. lemons
  21. True
  22. 170
  23. a running cost
  24. paper cups
  25. 11
  26. a juicer
  27. 40
  28. False
  29. 40
  30. a one-time cost
  31. No
  32. a running cost
  33. 250
  34. 252
  35. 170
  36. 240
  37. a running cost
  38. 312
  39. No
  40. a cooler box

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