← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 569 · 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.Ananya has a budget of ₹900. The stock costs ₹170 and the stall fee is ₹700. Is the budget enough? (a) No (b) Yes
  2. 2.Which of these is a one-time cost? (a) ice (b) lemons (c) sugar (d) a cooler box
  3. 3.Zoya plans to make 47 bags of popcorn. Each needs ₹8 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  4. 4.Farhan has ₹180 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Farhan can buy?
  5. 5.Which of these is a running cost? (a) a cooler box (b) a folding table (c) lemons (d) a cash box
  6. 6.True or false: “a juicer” is a running cost. (a) True (b) False
  7. 7.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  8. 8.Farhan has a budget of ₹1000. The stock costs ₹460 and the stall fee is ₹570. Is the budget enough? (a) Yes (b) No
  9. 9.🔍 Which is the odd one out? (a) ice (b) a cash box (c) seeds and soil (d) tea leaves and milk
  10. 10.Ananya has a budget of ₹400. The stock costs ₹50 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  11. 11.Diya’s stall budget is ₹570. Card paper cost ₹160, sugar cost ₹120 and lemons cost ₹260. How many rupees of the budget are left?
  12. 12.Kabir plans to make 13 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  13. 13.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  14. 14.True or false: “paper cups” is a running cost. (a) True (b) False
  15. 15.True or false: “a price board” is a running cost. (a) False (b) True
  16. 16.True or false: “a cash box” is a running cost. (a) True (b) False
  17. 17.🔍 Which is the odd one out? (a) sugar (b) card paper (c) a cooler box (d) ice
  18. 18.True or false: “a price board” is a one-time cost. (a) True (b) False
  19. 19.Vihaan has a budget of ₹700. The stock costs ₹190 and the stall fee is ₹560. Is the budget enough? (a) Yes (b) No
  20. 20.True or false: “a juicer” is a one-time cost. (a) False (b) True
  21. 21.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  22. 22.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  23. 23.🔍 Which is the odd one out? (a) paper cups (b) a juicer (c) a cloth banner (d) a folding table
  24. 24.Kabir’s stall budget is ₹430. A price board cost ₹160, a banner cost ₹140 and lemons cost ₹110. How many rupees of the budget are left?
  25. 25.Ishaan has a budget of ₹900. The stock costs ₹390 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  26. 26.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) a cash box (d) lemons
  27. 27.Which of these is a running cost? (a) ice (b) a juicer (c) a cooler box (d) a folding table
  28. 28.Riya plans to make 16 friendship bands. Each needs ₹10 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  29. 29.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) ice (d) a juicer
  30. 30.🔍 Which is the odd one out? (a) paper cups (b) a cloth banner (c) sugar (d) lemons
  31. 31.Riya’s stall budget is ₹540. A price board cost ₹240, ribbon cost ₹240 and pots cost ₹40. How many rupees of the budget are left?
  32. 32.Joseph has ₹130 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Joseph can buy?
  33. 33.Gurpreet has a budget of ₹700. The stock costs ₹330 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  34. 34.Which of these is a running cost? (a) card paper (b) a folding table (c) a price board (d) a cooler box
  35. 35.Diya has a budget of ₹700. The stock costs ₹70 and the stall fee is ₹630. Is the budget enough? (a) Yes (b) No
  36. 36.🔍 Which is the odd one out? (a) a juicer (b) seeds and soil (c) a cooler box (d) a cloth banner
  37. 37.Zoya plans to make 17 handmade cards. Each needs ₹6 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  38. 38.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  39. 39.Vihaan plans to make 10 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  40. 40.Tara has a budget of ₹600. The stock costs ₹210 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes

Answer key

  1. Yes
  2. a cooler box
  3. 466
  4. 45
  5. lemons
  6. False
  7. True
  8. No
  9. a cash box
  10. Yes
  11. 30
  12. 165
  13. a running cost
  14. True
  15. False
  16. False
  17. a cooler box
  18. True
  19. No
  20. True
  21. a one-time cost
  22. a running cost
  23. paper cups
  24. 20
  25. Yes
  26. lemons
  27. ice
  28. 360
  29. a juicer
  30. a cloth banner
  31. 20
  32. 13
  33. No
  34. card paper
  35. Yes
  36. seeds and soil
  37. 382
  38. a running cost
  39. 260
  40. Yes

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