Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 576 · 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.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
2. 2.Tara has ₹60 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Tara can buy?
3. 3.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
4. 4.Gurpreet has ₹470 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Gurpreet can buy?
5. 5.Which of these is a running cost? (a) tea leaves and milk (b) a cash box (c) a price board (d) a folding table
6. 6.True or false: “a cash box” is a running cost. (a) True (b) False
7. 7.Kavya has a budget of ₹600. The stock costs ₹60 and the stall fee is ₹550. Is the budget enough? (a) Yes (b) No
8. 8.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
9. 9.Which of these is a one-time cost? (a) a cooler box (b) seeds and soil (c) ice (d) lemons
10. 10.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) a cooler box (d) tea leaves and milk
11. 11.Which of these is a running cost? (a) seeds and soil (b) a folding table (c) a juicer (d) a cloth banner
12. 12.Aarav’s stall budget is ₹550. Paper cups cost ₹250, sugar cost ₹30 and ribbon cost ₹40. How many rupees of the budget are left?
13. 13.🔍 Which is the odd one out? (a) a cash box (b) tea leaves and milk (c) lemons (d) seeds and soil
14. 14.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
15. 15.True or false: “a cloth banner” is a running cost. (a) False (b) True
16. 16.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) lemons (d) a cloth banner
17. 17.Kabir has ₹250 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Kabir can buy?
18. 18.Which of these is a running cost? (a) a price board (b) a cloth banner (c) a cooler box (d) lemons
19. 19.Which of these is a running cost? (a) a folding table (b) ice (c) a juicer (d) a price board
20. 20.Rohan has a budget of ₹1000. The stock costs ₹320 and the stall fee is ₹690. Is the budget enough? (a) Yes (b) No
21. 21.True or false: “paper cups” is a one-time cost. (a) True (b) False
22. 22.Which of these is a one-time cost? (a) a juicer (b) lemons (c) seeds and soil (d) ice
23. 23.True or false: “ice” is a running cost. (a) True (b) False
24. 24.Tara has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
25. 25.Zoya has ₹220 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Zoya can buy?
26. 26.Gurpreet’s stall budget is ₹830. Lemons cost ₹150, a price board cost ₹290 and pots cost ₹200. How many rupees of the budget are left?
27. 27.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) lemons (d) a juicer
28. 28.Ananya’s stall budget is ₹690. A banner cost ₹250, paper cups cost ₹90 and lemons cost ₹110. How many rupees of the budget are left?
29. 29.True or false: “a folding table” is a running cost. (a) True (b) False
30. 30.True or false: “a price board” is a running cost. (a) False (b) True
31. 31.Rohan has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹330. Is the budget enough? (a) No (b) Yes
32. 32.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
33. 33.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
34. 34.Riya plans to make 24 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
35. 35.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
36. 36.Which of these is a one-time cost? (a) card paper (b) paper cups (c) a cloth banner (d) lemons
37. 37.Which of these is a one-time cost? (a) tea leaves and milk (b) sugar (c) paper cups (d) a price board
38. 38.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) sugar (d) ice
39. 39.Rohan plans to make 21 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
40. 40.Farhan plans to make 26 friendship bands. Each needs ₹3 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?

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