← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 544 · 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.Ishaan has a budget of ₹1000. The stock costs ₹170 and the stall fee is ₹870. Is the budget enough? (a) Yes (b) No
  2. 2.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  3. 3.True or false: “a folding table” is a running cost. (a) True (b) False
  4. 4.Farhan plans to make 45 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  5. 5.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) a price board (d) a cloth banner
  6. 6.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  7. 7.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  8. 8.True or false: “a cash box” is a running cost. (a) False (b) True
  9. 9.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) sugar (d) a cash box
  10. 10.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  11. 11.Rohan plans to make 39 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  12. 12.True or false: “a juicer” is a running cost. (a) False (b) True
  13. 13.Saanvi’s stall budget is ₹840. A price board cost ₹200, seeds cost ₹80 and sugar cost ₹300. How many rupees of the budget are left?
  14. 14.🔍 Which is the odd one out? (a) paper cups (b) tea leaves and milk (c) a cloth banner (d) lemons
  15. 15.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a cash box (d) tea leaves and milk
  16. 16.Gurpreet has a budget of ₹900. The stock costs ₹420 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  17. 17.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) a juicer (d) seeds and soil
  18. 18.Which of these is a running cost? (a) a juicer (b) a price board (c) lemons (d) a cloth banner
  19. 19.Which of these is a one-time cost? (a) sugar (b) lemons (c) paper cups (d) a folding table
  20. 20.Ananya’s stall budget is ₹690. A price board cost ₹260, lemons cost ₹150 and sugar cost ₹150. How many rupees of the budget are left?
  21. 21.Ananya has a budget of ₹900. The stock costs ₹420 and the stall fee is ₹520. Is the budget enough? (a) No (b) Yes
  22. 22.Diya plans to make 37 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  23. 23.Nisha’s stall budget is ₹560. Lemons cost ₹230, paper cups cost ₹170 and napkins cost ₹110. How many rupees of the budget are left?
  24. 24.Meera’s stall budget is ₹810. A banner cost ₹260, a price board cost ₹40 and seeds cost ₹210. How many rupees of the budget are left?
  25. 25.Which of these is a running cost? (a) a cash box (b) a price board (c) a juicer (d) ice
  26. 26.Which of these is a one-time cost? (a) sugar (b) a cooler box (c) lemons (d) seeds and soil
  27. 27.Which of these is a one-time cost? (a) tea leaves and milk (b) a cloth banner (c) sugar (d) paper cups
  28. 28.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  29. 29.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  30. 30.Ananya has ₹160 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Ananya can buy?
  31. 31.Ishaan’s stall budget is ₹430. Napkins cost ₹20, pots cost ₹250 and lemons cost ₹40. How many rupees of the budget are left?
  32. 32.Which of these is a running cost? (a) a folding table (b) paper cups (c) a cash box (d) a cooler box
  33. 33.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) paper cups (d) a price board
  34. 34.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a folding table (d) paper cups
  35. 35.Dev has a budget of ₹900. The stock costs ₹320 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  36. 36.Aarav plans to make 29 glasses of chai. Each needs ₹4 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  37. 37.Rohan plans to make 31 friendship bands. Each needs ₹3 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  38. 38.True or false: “ice” is a running cost. (a) True (b) False
  39. 39.Gurpreet has a budget of ₹1000. The stock costs ₹420 and the stall fee is ₹550. Is the budget enough? (a) Yes (b) No
  40. 40.Saanvi plans to make 46 clay diyas. Each needs ₹6 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?

Answer key

  1. No
  2. False
  3. False
  4. 360
  5. lemons
  6. a one-time cost
  7. True
  8. False
  9. a cash box
  10. a one-time cost
  11. 247
  12. False
  13. 260
  14. a cloth banner
  15. a cash box
  16. No
  17. a juicer
  18. lemons
  19. a folding table
  20. 130
  21. No
  22. 358
  23. 50
  24. 300
  25. ice
  26. a cooler box
  27. a cloth banner
  28. True
  29. a one-time cost
  30. 26
  31. 120
  32. paper cups
  33. a price board
  34. paper cups
  35. Yes
  36. 246
  37. 293
  38. True
  39. Yes
  40. 416

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