← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 535 · 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.True or false: “sugar” is a running cost. (a) True (b) False
  2. 2.True or false: “paper cups” is a running cost. (a) True (b) False
  3. 3.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  4. 4.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  5. 5.Diya’s stall budget is ₹700. Lemons cost ₹210, card paper cost ₹270 and seeds cost ₹180. How many rupees of the budget are left?
  6. 6.Kabir plans to make 40 potted plants. Each needs ₹3 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  7. 7.Diya plans to make 33 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  8. 8.True or false: “a cooler box” is a running cost. (a) True (b) False
  9. 9.Joseph has ₹230 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Joseph can buy?
  10. 10.True or false: “card paper” is a one-time cost. (a) False (b) True
  11. 11.Kavya’s stall budget is ₹490. Ribbon cost ₹90, paper cups cost ₹70 and seeds cost ₹180. How many rupees of the budget are left?
  12. 12.Farhan’s stall budget is ₹320. Lemons cost ₹70, card paper cost ₹20 and a price board cost ₹220. How many rupees of the budget are left?
  13. 13.Kabir’s stall budget is ₹480. Ribbon cost ₹150, lemons cost ₹60 and pots cost ₹80. How many rupees of the budget are left?
  14. 14.Gurpreet plans to make 24 handmade cards. Each needs ₹3 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  15. 15.Riya plans to make 21 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  16. 16.Farhan plans to make 19 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  17. 17.True or false: “a folding table” is a running cost. (a) False (b) True
  18. 18.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  19. 19.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) a cooler box (d) card paper
  20. 20.Which of these is a one-time cost? (a) ice (b) lemons (c) paper cups (d) a juicer
  21. 21.Ananya plans to make 12 painted pebbles. Each needs ₹6 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  22. 22.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  23. 23.Joseph has a budget of ₹900. The stock costs ₹150 and the stall fee is ₹700. Is the budget enough? (a) No (b) Yes
  24. 24.True or false: “sugar” is a one-time cost. (a) False (b) True
  25. 25.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  26. 26.True or false: “lemons” is a running cost. (a) False (b) True
  27. 27.Which of these is a running cost? (a) ice (b) a cooler box (c) a cash box (d) a juicer
  28. 28.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  29. 29.Aarav’s stall budget is ₹520. A banner cost ₹50, napkins cost ₹250 and paper cups cost ₹110. How many rupees of the budget are left?
  30. 30.Which of these is a running cost? (a) a cloth banner (b) a price board (c) a cash box (d) paper cups
  31. 31.Meera plans to make 10 jute bags. Each needs ₹6 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  32. 32.Which of these is a running cost? (a) a folding table (b) a juicer (c) lemons (d) a price board
  33. 33.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) sugar (d) a juicer
  34. 34.Which of these is a one-time cost? (a) paper cups (b) lemons (c) card paper (d) a folding table
  35. 35.True or false: “a price board” is a running cost. (a) True (b) False
  36. 36.Aarav plans to make 20 painted pebbles. Each needs ₹10 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  37. 37.Diya’s stall budget is ₹360. Lemons cost ₹30, seeds cost ₹250 and pots cost ₹20. How many rupees of the budget are left?
  38. 38.Zoya has a budget of ₹800. The stock costs ₹400 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  39. 39.Zoya has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  40. 40.True or false: “a cash box” is a running cost. (a) False (b) True

Answer key

  1. True
  2. True
  3. a one-time cost
  4. a running cost
  5. 40
  6. 370
  7. 460
  8. False
  9. 19
  10. False
  11. 150
  12. 10
  13. 190
  14. 122
  15. 353
  16. 292
  17. False
  18. a running cost
  19. a cooler box
  20. a juicer
  21. 172
  22. a one-time cost
  23. Yes
  24. False
  25. a running cost
  26. True
  27. ice
  28. a one-time cost
  29. 110
  30. paper cups
  31. 130
  32. lemons
  33. a juicer
  34. a folding table
  35. False
  36. 320
  37. 60
  38. Yes
  39. No
  40. False

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