Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 556 · 40 questions

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.

1. 1.Which of these is a one-time cost? (a) a cloth banner (b) ice (c) sugar (d) seeds and soil
2. 2.True or false: “paper cups” is a one-time cost. (a) True (b) False
3. 3.Which of these is a running cost? (a) seeds and soil (b) a folding table (c) a cloth banner (d) a juicer
4. 4.Arjun has a budget of ₹400. The stock costs ₹110 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
5. 5.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
6. 6.Dev has ₹320 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Dev can buy?
7. 7.Farhan plans to make 45 handmade cards. Each needs ₹4 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
8. 8.Which of these is a running cost? (a) a cash box (b) a folding table (c) a juicer (d) sugar
9. 9.Which of these is a running cost? (a) a cloth banner (b) ice (c) a cash box (d) a juicer
10. 10.Vihaan’s stall budget is ₹480. A banner cost ₹70, lemons cost ₹190 and a price board cost ₹50. How many rupees of the budget are left?
11. 11.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) card paper (d) a cash box
12. 12.Kabir has a budget of ₹600. The stock costs ₹160 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No
13. 13.True or false: “a juicer” is a one-time cost. (a) True (b) False
14. 14.True or false: “ice” is a one-time cost. (a) False (b) True
15. 15.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a cloth banner (d) lemons
16. 16.True or false: “lemons” is a running cost. (a) False (b) True
17. 17.Which of these is a one-time cost? (a) lemons (b) ice (c) paper cups (d) a folding table
18. 18.Kabir’s stall budget is ₹630. Lemons cost ₹230, a banner cost ₹120 and seeds cost ₹140. How many rupees of the budget are left?
19. 19.🔍 Which is the odd one out? (a) sugar (b) a juicer (c) a cooler box (d) a price board
20. 20.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
21. 21.🔍 Which is the odd one out? (a) a price board (b) ice (c) lemons (d) paper cups
22. 22.Meera plans to make 22 painted pebbles. Each needs ₹6 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
23. 23.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) ice (d) a folding table
24. 24.True or false: “a cash box” is a running cost. (a) False (b) True
25. 25.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
26. 26.Kabir plans to make 36 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
27. 27.Farhan has a budget of ₹500. The stock costs ₹220 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
28. 28.Gurpreet has a budget of ₹600. The stock costs ₹180 and the stall fee is ₹460. Is the budget enough? (a) No (b) Yes
29. 29.Vihaan’s stall budget is ₹600. Lemons cost ₹180, paper cups cost ₹210 and sugar cost ₹20. How many rupees of the budget are left?
30. 30.Dev plans to make 39 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
31. 31.Riya has a budget of ₹600. The stock costs ₹300 and the stall fee is ₹300. Is the budget enough? (a) No (b) Yes
32. 32.Vihaan plans to make 11 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
33. 33.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
34. 34.Ananya has a budget of ₹400. The stock costs ₹180 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
35. 35.Which of these is a one-time cost? (a) seeds and soil (b) tea leaves and milk (c) card paper (d) a price board
36. 36.Lakshmi’s stall budget is ₹720. A banner cost ₹260, pots cost ₹140 and card paper cost ₹240. How many rupees of the budget are left?
37. 37.True or false: “a cooler box” is a running cost. (a) False (b) True
38. 38.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
39. 39.True or false: “a cooler box” is a one-time cost. (a) True (b) False
40. 40.Gurpreet’s stall budget is ₹600. Lemons cost ₹90, sugar cost ₹220 and seeds cost ₹150. How many rupees of the budget are left?

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