← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 575 · 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.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) paper cups (d) a cloth banner
  2. 2.🔍 Which is the odd one out? (a) a cloth banner (b) card paper (c) a juicer (d) a cooler box
  3. 3.True or false: “paper cups” is a running cost. (a) False (b) True
  4. 4.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a cash box (d) ice
  5. 5.🔍 Which is the odd one out? (a) a folding table (b) ice (c) card paper (d) sugar
  6. 6.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  7. 7.True or false: “a folding table” is a running cost. (a) True (b) False
  8. 8.Tara has a budget of ₹900. The stock costs ₹290 and the stall fee is ₹620. Is the budget enough? (a) Yes (b) No
  9. 9.Riya’s stall budget is ₹590. Card paper cost ₹130, paper cups cost ₹200 and a banner cost ₹80. How many rupees of the budget are left?
  10. 10.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  11. 11.Diya plans to make 19 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  12. 12.Ananya plans to make 12 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  13. 13.Nisha’s stall budget is ₹670. Pots cost ₹260, paper cups cost ₹170 and napkins cost ₹200. How many rupees of the budget are left?
  14. 14.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) paper cups (d) card paper
  15. 15.True or false: “a cloth banner” is a running cost. (a) True (b) False
  16. 16.Saanvi has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  17. 17.Which of these is a running cost? (a) a juicer (b) a cooler box (c) lemons (d) a price board
  18. 18.True or false: “card paper” is a running cost. (a) True (b) False
  19. 19.Which of these is a one-time cost? (a) a folding table (b) tea leaves and milk (c) card paper (d) sugar
  20. 20.Rohan has ₹470 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Rohan can buy?
  21. 21.Which of these is a one-time cost? (a) sugar (b) card paper (c) a cooler box (d) ice
  22. 22.Diya has ₹50 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Diya can buy?
  23. 23.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a juicer (d) paper cups
  24. 24.True or false: “a folding table” is a one-time cost. (a) True (b) False
  25. 25.Rohan has ₹390 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Rohan can buy?
  26. 26.Vihaan plans to make 14 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  27. 27.Which of these is a one-time cost? (a) lemons (b) a cash box (c) ice (d) card paper
  28. 28.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) a cash box (d) a price board
  29. 29.True or false: “sugar” is a one-time cost. (a) True (b) False
  30. 30.True or false: “ice” is a running cost. (a) False (b) True
  31. 31.Aarav plans to make 13 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  32. 32.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) paper cups (d) a price board
  33. 33.Farhan’s stall budget is ₹660. Pots cost ₹230, seeds cost ₹290 and a banner cost ₹50. How many rupees of the budget are left?
  34. 34.Diya has ₹80 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Diya can buy?
  35. 35.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  36. 36.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) a cloth banner (d) lemons
  37. 37.True or false: “a cash box” is a one-time cost. (a) True (b) False
  38. 38.Nisha has ₹90 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Nisha can buy?
  39. 39.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  40. 40.Arjun’s stall budget is ₹650. Pots cost ₹200, seeds cost ₹280 and lemons cost ₹130. How many rupees of the budget are left?

Answer key

  1. a cloth banner
  2. card paper
  3. True
  4. ice
  5. a folding table
  6. a running cost
  7. False
  8. No
  9. 180
  10. a one-time cost
  11. 284
  12. 248
  13. 40
  14. a cooler box
  15. False
  16. Yes
  17. lemons
  18. True
  19. a folding table
  20. 39
  21. a cooler box
  22. 5
  23. paper cups
  24. True
  25. 26
  26. 200
  27. a cash box
  28. lemons
  29. False
  30. True
  31. 168
  32. paper cups
  33. 90
  34. 20
  35. a running cost
  36. a cloth banner
  37. True
  38. 4
  39. a one-time cost
  40. 40

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