← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 474 · 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.Kabir’s stall budget is ₹410. Ribbon cost ₹190, paper cups cost ₹110 and a banner cost ₹70. How many rupees of the budget are left?
  2. 2.True or false: “ice” is a one-time cost. (a) False (b) True
  3. 3.True or false: “a price board” is a one-time cost. (a) False (b) True
  4. 4.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  5. 5.Vihaan’s stall budget is ₹660. Paper cups cost ₹200, a banner cost ₹120 and lemons cost ₹210. How many rupees of the budget are left?
  6. 6.Which of these is a running cost? (a) lemons (b) a cash box (c) a cooler box (d) a juicer
  7. 7.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  8. 8.Which of these is a one-time cost? (a) paper cups (b) ice (c) a cash box (d) lemons
  9. 9.🔍 Which is the odd one out? (a) a juicer (b) seeds and soil (c) a folding table (d) a cloth banner
  10. 10.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  11. 11.Which of these is a running cost? (a) a cooler box (b) a cash box (c) a juicer (d) tea leaves and milk
  12. 12.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  13. 13.Tara’s stall budget is ₹570. Napkins cost ₹230, lemons cost ₹170 and pots cost ₹90. How many rupees of the budget are left?
  14. 14.Diya’s stall budget is ₹520. Seeds cost ₹210, napkins cost ₹70 and sugar cost ₹30. How many rupees of the budget are left?
  15. 15.Diya has ₹270 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Diya can buy?
  16. 16.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) lemons (d) a cash box
  17. 17.Vihaan plans to make 28 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  18. 18.Meera’s stall budget is ₹370. Lemons cost ₹60, seeds cost ₹50 and napkins cost ₹140. How many rupees of the budget are left?
  19. 19.Diya has a budget of ₹500. The stock costs ₹200 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
  20. 20.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) paper cups (d) a juicer
  21. 21.Which of these is a one-time cost? (a) ice (b) sugar (c) a cloth banner (d) card paper
  22. 22.Which of these is a running cost? (a) card paper (b) a cash box (c) a price board (d) a folding table
  23. 23.Gurpreet has ₹180 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Gurpreet can buy?
  24. 24.Vihaan has a budget of ₹700. The stock costs ₹120 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  25. 25.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  26. 26.🔍 Which is the odd one out? (a) sugar (b) seeds and soil (c) card paper (d) a cooler box
  27. 27.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  28. 28.Ananya’s stall budget is ₹470. Lemons cost ₹60, a price board cost ₹40 and seeds cost ₹260. How many rupees of the budget are left?
  29. 29.Ishaan’s stall budget is ₹690. A price board cost ₹200, a banner cost ₹80 and paper cups cost ₹110. How many rupees of the budget are left?
  30. 30.Ananya has a budget of ₹700. The stock costs ₹230 and the stall fee is ₹460. Is the budget enough? (a) Yes (b) No
  31. 31.Meera has a budget of ₹600. The stock costs ₹250 and the stall fee is ₹300. Is the budget enough? (a) No (b) Yes
  32. 32.🔍 Which is the odd one out? (a) a price board (b) ice (c) a juicer (d) a folding table
  33. 33.Tara has a budget of ₹800. The stock costs ₹260 and the stall fee is ₹570. Is the budget enough? (a) Yes (b) No
  34. 34.Saanvi’s stall budget is ₹830. A banner cost ₹210, a price board cost ₹190 and seeds cost ₹160. How many rupees of the budget are left?
  35. 35.Which of these is a running cost? (a) seeds and soil (b) a cloth banner (c) a price board (d) a folding table
  36. 36.Meera has ₹170 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Meera can buy?
  37. 37.Dev plans to make 11 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  38. 38.True or false: “a cloth banner” is a running cost. (a) False (b) True
  39. 39.Kavya’s stall budget is ₹780. Napkins cost ₹210, a price board cost ₹250 and lemons cost ₹30. How many rupees of the budget are left?
  40. 40.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost

Answer key

  1. 40
  2. False
  3. True
  4. True
  5. 130
  6. lemons
  7. a one-time cost
  8. a cash box
  9. seeds and soil
  10. a one-time cost
  11. tea leaves and milk
  12. a running cost
  13. 80
  14. 210
  15. 45
  16. lemons
  17. 274
  18. 120
  19. No
  20. a juicer
  21. a cloth banner
  22. card paper
  23. 9
  24. Yes
  25. a running cost
  26. a cooler box
  27. a one-time cost
  28. 110
  29. 300
  30. Yes
  31. Yes
  32. ice
  33. No
  34. 270
  35. seeds and soil
  36. 11
  37. 340
  38. False
  39. 290
  40. a running cost

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