← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 578 · 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: a cooler box? (a) a one-time cost (b) a running cost
  2. 2.Which of these is a running cost? (a) tea leaves and milk (b) a cash box (c) a juicer (d) a folding table
  3. 3.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) a juicer (d) seeds and soil
  4. 4.Kabir has ₹500 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Kabir can buy?
  5. 5.Kavya has ₹430 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Kavya can buy?
  6. 6.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  7. 7.Which of these is a one-time cost? (a) card paper (b) lemons (c) a cash box (d) sugar
  8. 8.True or false: “seeds and soil” is a running cost. (a) True (b) False
  9. 9.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  10. 10.Ananya has a budget of ₹800. The stock costs ₹120 and the stall fee is ₹650. Is the budget enough? (a) No (b) Yes
  11. 11.🔍 Which is the odd one out? (a) tea leaves and milk (b) card paper (c) ice (d) a cash box
  12. 12.Joseph’s stall budget is ₹290. A price board cost ₹160, ribbon cost ₹30 and card paper cost ₹40. How many rupees of the budget are left?
  13. 13.Saanvi’s stall budget is ₹670. Napkins cost ₹120, a banner cost ₹200 and seeds cost ₹220. How many rupees of the budget are left?
  14. 14.True or false: “card paper” is a running cost. (a) False (b) True
  15. 15.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  16. 16.Joseph’s stall budget is ₹660. Lemons cost ₹260, ribbon cost ₹190 and a price board cost ₹190. How many rupees of the budget are left?
  17. 17.Arjun’s stall budget is ₹490. Napkins cost ₹260, sugar cost ₹40 and a price board cost ₹160. How many rupees of the budget are left?
  18. 18.Which of these is a running cost? (a) a cash box (b) a juicer (c) ice (d) a folding table
  19. 19.Ananya has ₹90 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Ananya can buy?
  20. 20.Meera has a budget of ₹600. The stock costs ₹80 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  21. 21.Which of these is a running cost? (a) a cooler box (b) a juicer (c) card paper (d) a cash box
  22. 22.Saanvi has a budget of ₹800. The stock costs ₹200 and the stall fee is ₹630. Is the budget enough? (a) Yes (b) No
  23. 23.Joseph plans to make 11 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  24. 24.Aarav plans to make 31 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  25. 25.True or false: “ice” is a running cost. (a) True (b) False
  26. 26.🔍 Which is the odd one out? (a) a cloth banner (b) ice (c) a cash box (d) a cooler box
  27. 27.🔍 Which is the odd one out? (a) card paper (b) ice (c) a cloth banner (d) seeds and soil
  28. 28.Riya plans to make 25 handmade cards. Each needs ₹2 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  29. 29.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  30. 30.Meera’s stall budget is ₹740. Seeds cost ₹240, napkins cost ₹150 and pots cost ₹240. How many rupees of the budget are left?
  31. 31.Which of these is a one-time cost? (a) seeds and soil (b) a price board (c) paper cups (d) card paper
  32. 32.Ananya has a budget of ₹800. The stock costs ₹110 and the stall fee is ₹670. Is the budget enough? (a) No (b) Yes
  33. 33.Zoya plans to make 10 handmade cards. Each needs ₹9 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  34. 34.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  35. 35.Lakshmi plans to make 47 handmade cards. Each needs ₹10 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  36. 36.Which of these is a one-time cost? (a) lemons (b) a folding table (c) tea leaves and milk (d) card paper
  37. 37.Which of these is a one-time cost? (a) tea leaves and milk (b) a cooler box (c) card paper (d) paper cups
  38. 38.Rohan’s stall budget is ₹650. Lemons cost ₹210, a banner cost ₹100 and paper cups cost ₹90. How many rupees of the budget are left?
  39. 39.Kabir has a budget of ₹800. The stock costs ₹280 and the stall fee is ₹490. Is the budget enough? (a) No (b) Yes
  40. 40.Aarav has a budget of ₹900. The stock costs ₹60 and the stall fee is ₹890. Is the budget enough? (a) Yes (b) No

Answer key

  1. a one-time cost
  2. tea leaves and milk
  3. seeds and soil
  4. 62
  5. 53
  6. a running cost
  7. a cash box
  8. True
  9. a running cost
  10. Yes
  11. a cash box
  12. 60
  13. 130
  14. True
  15. a one-time cost
  16. 20
  17. 30
  18. ice
  19. 22
  20. Yes
  21. card paper
  22. No
  23. 195
  24. 339
  25. True
  26. ice
  27. a cloth banner
  28. 270
  29. a running cost
  30. 110
  31. a price board
  32. Yes
  33. 140
  34. a running cost
  35. 540
  36. a folding table
  37. a cooler box
  38. 250
  39. Yes
  40. No

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