← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 577 · 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.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  2. 2.Kavya’s stall budget is ₹890. A banner cost ₹220, card paper cost ₹240 and paper cups cost ₹260. How many rupees of the budget are left?
  3. 3.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  4. 4.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  5. 5.Rohan plans to make 22 friendship bands. Each needs ₹5 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  6. 6.Which of these is a running cost? (a) a juicer (b) ice (c) a folding table (d) a price board
  7. 7.Farhan has ₹410 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Farhan can buy?
  8. 8.Tara has ₹450 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Tara can buy?
  9. 9.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  10. 10.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) a cloth banner (d) sugar
  11. 11.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a cash box (d) ice
  12. 12.Which of these is a running cost? (a) paper cups (b) a juicer (c) a cash box (d) a folding table
  13. 13.True or false: “a folding table” is a one-time cost. (a) True (b) False
  14. 14.Dev has ₹460 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Dev can buy?
  15. 15.Zoya’s stall budget is ₹730. A banner cost ₹50, lemons cost ₹240 and ribbon cost ₹270. How many rupees of the budget are left?
  16. 16.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) paper cups (d) a cash box
  17. 17.Aarav has a budget of ₹400. The stock costs ₹180 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  18. 18.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) card paper (d) a price board
  19. 19.True or false: “paper cups” is a one-time cost. (a) True (b) False
  20. 20.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  21. 21.True or false: “a cloth banner” is a running cost. (a) False (b) True
  22. 22.Which of these is a running cost? (a) tea leaves and milk (b) a juicer (c) a cash box (d) a cloth banner
  23. 23.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  24. 24.🔍 Which is the odd one out? (a) lemons (b) card paper (c) sugar (d) a juicer
  25. 25.True or false: “a cash box” is a one-time cost. (a) False (b) True
  26. 26.Joseph plans to make 28 handmade cards. Each needs ₹6 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  27. 27.Nisha’s stall budget is ₹690. Napkins cost ₹280, ribbon cost ₹250 and pots cost ₹120. How many rupees of the budget are left?
  28. 28.Kavya has a budget of ₹800. The stock costs ₹90 and the stall fee is ₹730. Is the budget enough? (a) No (b) Yes
  29. 29.Zoya has ₹300 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Zoya can buy?
  30. 30.Dev plans to make 10 friendship bands. Each needs ₹9 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  31. 31.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  32. 32.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) tea leaves and milk (d) a cooler box
  33. 33.Zoya’s stall budget is ₹470. Pots cost ₹100, napkins cost ₹140 and paper cups cost ₹190. How many rupees of the budget are left?
  34. 34.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  35. 35.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) a folding table (d) ice
  36. 36.Kabir has a budget of ₹700. The stock costs ₹260 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  37. 37.Which of these is a running cost? (a) a price board (b) a cloth banner (c) sugar (d) a folding table
  38. 38.Which of these is a running cost? (a) a cooler box (b) a folding table (c) a cash box (d) card paper
  39. 39.Vihaan plans to make 45 jute bags. Each needs ₹2 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  40. 40.Which of these is a one-time cost? (a) a cooler box (b) paper cups (c) seeds and soil (d) lemons

Answer key

  1. a running cost
  2. 170
  3. a one-time cost
  4. False
  5. 170
  6. ice
  7. 20
  8. 30
  9. a one-time cost
  10. sugar
  11. ice
  12. paper cups
  13. True
  14. 38
  15. 170
  16. a cash box
  17. Yes
  18. a price board
  19. False
  20. a running cost
  21. False
  22. tea leaves and milk
  23. a one-time cost
  24. a juicer
  25. True
  26. 458
  27. 40
  28. No
  29. 37
  30. 340
  31. False
  32. a cooler box
  33. 40
  34. a one-time cost
  35. a folding table
  36. No
  37. sugar
  38. card paper
  39. 250
  40. a cooler box

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