← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 491 · 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 has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹330. Is the budget enough? (a) Yes (b) No
  2. 2.Lakshmi has a budget of ₹800. The stock costs ₹250 and the stall fee is ₹600. Is the budget enough? (a) No (b) Yes
  3. 3.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  4. 4.Diya has ₹330 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Diya can buy?
  5. 5.Which of these is a one-time cost? (a) card paper (b) a cloth banner (c) seeds and soil (d) paper cups
  6. 6.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) seeds and soil (d) a juicer
  7. 7.Kabir’s stall budget is ₹540. Pots cost ₹90, a price board cost ₹40 and paper cups cost ₹260. How many rupees of the budget are left?
  8. 8.🔍 Which is the odd one out? (a) a cloth banner (b) paper cups (c) a cash box (d) a juicer
  9. 9.Dev plans to make 14 handmade cards. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  10. 10.🔍 Which is the odd one out? (a) card paper (b) ice (c) a folding table (d) paper cups
  11. 11.Saanvi plans to make 50 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  12. 12.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  13. 13.True or false: “a price board” is a one-time cost. (a) True (b) False
  14. 14.Nisha’s stall budget is ₹930. Paper cups cost ₹200, pots cost ₹260 and lemons cost ₹190. How many rupees of the budget are left?
  15. 15.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  16. 16.Vihaan has ₹170 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Vihaan can buy?
  17. 17.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  18. 18.Which of these is a one-time cost? (a) lemons (b) ice (c) a price board (d) seeds and soil
  19. 19.Which of these is a running cost? (a) a juicer (b) a folding table (c) a cash box (d) seeds and soil
  20. 20.Nisha plans to make 21 jute bags. Each needs ₹5 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  21. 21.Farhan plans to make 13 clay diyas. Each needs ₹3 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  22. 22.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) a price board (d) card paper
  23. 23.Rohan has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  24. 24.Which of these is a one-time cost? (a) seeds and soil (b) a cooler box (c) card paper (d) sugar
  25. 25.Kabir’s stall budget is ₹400. Lemons cost ₹50, seeds cost ₹120 and napkins cost ₹220. How many rupees of the budget are left?
  26. 26.Aarav plans to make 27 potted plants. Each needs ₹2 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  27. 27.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  28. 28.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  29. 29.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) sugar (d) a folding table
  30. 30.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) lemons (d) a cooler box
  31. 31.Gurpreet plans to make 35 potted plants. Each needs ₹9 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  32. 32.🔍 Which is the odd one out? (a) a cooler box (b) tea leaves and milk (c) a folding table (d) a cloth banner
  33. 33.Ishaan has ₹110 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Ishaan can buy?
  34. 34.Kabir’s stall budget is ₹500. A banner cost ₹300, sugar cost ₹20 and card paper cost ₹20. How many rupees of the budget are left?
  35. 35.Nisha plans to make 24 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  36. 36.Ishaan plans to make 48 handmade cards. Each needs ₹9 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  37. 37.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) paper cups (d) seeds and soil
  38. 38.Ishaan has a budget of ₹500. The stock costs ₹180 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  39. 39.Gurpreet plans to make 33 handmade cards. Each needs ₹10 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  40. 40.Which of these is a one-time cost? (a) tea leaves and milk (b) lemons (c) seeds and soil (d) a folding table

Answer key

  1. No
  2. No
  3. a running cost
  4. 41
  5. a cloth banner
  6. seeds and soil
  7. 150
  8. paper cups
  9. 88
  10. a folding table
  11. 450
  12. a one-time cost
  13. True
  14. 280
  15. a running cost
  16. 11
  17. a running cost
  18. a price board
  19. seeds and soil
  20. 255
  21. 89
  22. card paper
  23. No
  24. a cooler box
  25. 10
  26. 194
  27. False
  28. a running cost
  29. sugar
  30. lemons
  31. 535
  32. tea leaves and milk
  33. 7
  34. 160
  35. 312
  36. 612
  37. a cloth banner
  38. Yes
  39. 410
  40. a folding table

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