← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 520 · 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.Kavya’s stall budget is ₹970. Seeds cost ₹300, napkins cost ₹160 and pots cost ₹220. How many rupees of the budget are left?
  2. 2.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  3. 3.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  4. 4.Kavya has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  5. 5.Joseph’s stall budget is ₹580. Card paper cost ₹90, pots cost ₹110 and seeds cost ₹140. How many rupees of the budget are left?
  6. 6.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  7. 7.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  8. 8.True or false: “a cash box” is a running cost. (a) False (b) True
  9. 9.True or false: “a price board” is a running cost. (a) True (b) False
  10. 10.Gurpreet’s stall budget is ₹730. Pots cost ₹270, lemons cost ₹250 and seeds cost ₹70. How many rupees of the budget are left?
  11. 11.Farhan’s stall budget is ₹890. Napkins cost ₹270, ribbon cost ₹180 and lemons cost ₹260. How many rupees of the budget are left?
  12. 12.Which of these is a running cost? (a) a folding table (b) a price board (c) seeds and soil (d) a juicer
  13. 13.True or false: “card paper” is a running cost. (a) True (b) False
  14. 14.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  15. 15.Ananya’s stall budget is ₹470. Lemons cost ₹90, card paper cost ₹110 and seeds cost ₹230. How many rupees of the budget are left?
  16. 16.Saanvi has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹120. Is the budget enough? (a) No (b) Yes
  17. 17.Meera’s stall budget is ₹480. A price board cost ₹60, card paper cost ₹220 and pots cost ₹100. How many rupees of the budget are left?
  18. 18.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  19. 19.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) a price board (d) a juicer
  20. 20.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  21. 21.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  22. 22.Diya’s stall budget is ₹510. A banner cost ₹150, card paper cost ₹110 and sugar cost ₹20. How many rupees of the budget are left?
  23. 23.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  24. 24.Aarav has ₹140 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Aarav can buy?
  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) paper cups (b) seeds and soil (c) a price board (d) tea leaves and milk
  27. 27.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) a price board (d) a cooler box
  28. 28.Riya plans to make 27 clay diyas. Each needs ₹2 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  29. 29.Lakshmi has a budget of ₹600. The stock costs ₹80 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  30. 30.Which of these is a running cost? (a) a folding table (b) tea leaves and milk (c) a price board (d) a cooler box
  31. 31.Lakshmi’s stall budget is ₹770. A banner cost ₹190, seeds cost ₹180 and ribbon cost ₹140. How many rupees of the budget are left?
  32. 32.🔍 Which is the odd one out? (a) lemons (b) card paper (c) a cooler box (d) sugar
  33. 33.Which of these is a one-time cost? (a) card paper (b) ice (c) a price board (d) lemons
  34. 34.Joseph plans to make 48 jute bags. Each needs ₹7 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  35. 35.Lakshmi has a budget of ₹900. The stock costs ₹340 and the stall fee is ₹610. Is the budget enough? (a) Yes (b) No
  36. 36.Diya plans to make 44 clay diyas. Each needs ₹7 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  37. 37.🔍 Which is the odd one out? (a) seeds and soil (b) a juicer (c) a cooler box (d) a cloth banner
  38. 38.Riya has ₹500 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Riya can buy?
  39. 39.Which of these is a running cost? (a) a cloth banner (b) paper cups (c) a cooler box (d) a cash box
  40. 40.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost

Answer key

  1. 290
  2. a one-time cost
  3. a one-time cost
  4. Yes
  5. 240
  6. a running cost
  7. False
  8. False
  9. False
  10. 140
  11. 180
  12. seeds and soil
  13. True
  14. a running cost
  15. 40
  16. Yes
  17. 100
  18. a running cost
  19. tea leaves and milk
  20. a running cost
  21. True
  22. 230
  23. a running cost
  24. 35
  25. a running cost
  26. a price board
  27. lemons
  28. 264
  29. Yes
  30. tea leaves and milk
  31. 260
  32. a cooler box
  33. a price board
  34. 576
  35. No
  36. 548
  37. seeds and soil
  38. 62
  39. paper cups
  40. a one-time cost

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