← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 585 · 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.Lakshmi has ₹140 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Lakshmi can buy?
  2. 2.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  3. 3.Tara has ₹120 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Tara can buy?
  4. 4.Rohan plans to make 13 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  5. 5.True or false: “a price board” is a running cost. (a) False (b) True
  6. 6.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  7. 7.Saanvi’s stall budget is ₹430. Sugar cost ₹150, ribbon cost ₹140 and a price board cost ₹20. How many rupees of the budget are left?
  8. 8.True or false: “a cash box” is a running cost. (a) True (b) False
  9. 9.🔍 Which is the odd one out? (a) sugar (b) seeds and soil (c) lemons (d) a cooler box
  10. 10.Which of these is a one-time cost? (a) sugar (b) ice (c) paper cups (d) a cooler box
  11. 11.Saanvi has ₹350 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Saanvi can buy?
  12. 12.Lakshmi plans to make 15 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  13. 13.Which of these is a one-time cost? (a) sugar (b) paper cups (c) lemons (d) a cash box
  14. 14.Zoya plans to make 50 fruit cups. Each needs ₹5 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  15. 15.Gurpreet has ₹440 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Gurpreet can buy?
  16. 16.Which of these is a running cost? (a) a price board (b) paper cups (c) a cash box (d) a cooler box
  17. 17.Tara plans to make 11 cupcakes. Each needs ₹3 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  18. 18.Gurpreet’s stall budget is ₹570. Card paper cost ₹250, a price board cost ₹70 and paper cups cost ₹230. How many rupees of the budget are left?
  19. 19.Arjun has ₹270 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Arjun can buy?
  20. 20.Riya has ₹110 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Riya can buy?
  21. 21.Vihaan has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹190. Is the budget enough? (a) No (b) Yes
  22. 22.Dev has ₹250 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Dev can buy?
  23. 23.Which of these is a running cost? (a) a juicer (b) lemons (c) a cash box (d) a cloth banner
  24. 24.🔍 Which is the odd one out? (a) ice (b) lemons (c) tea leaves and milk (d) a folding table
  25. 25.Arjun has ₹160 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Arjun can buy?
  26. 26.True or false: “ice” is a running cost. (a) False (b) True
  27. 27.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) a price board (d) ice
  28. 28.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  29. 29.Farhan’s stall budget is ₹690. Paper cups cost ₹150, a banner cost ₹160 and pots cost ₹180. How many rupees of the budget are left?
  30. 30.True or false: “paper cups” is a running cost. (a) False (b) True
  31. 31.Kavya has ₹310 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Kavya can buy?
  32. 32.Kabir has a budget of ₹600. The stock costs ₹220 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  33. 33.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) a cloth banner (d) sugar
  34. 34.Zoya’s stall budget is ₹330. Pots cost ₹80, paper cups cost ₹40 and lemons cost ₹110. How many rupees of the budget are left?
  35. 35.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  36. 36.🔍 Which is the odd one out? (a) paper cups (b) a cash box (c) a folding table (d) a cooler box
  37. 37.True or false: “ice” is a one-time cost. (a) False (b) True
  38. 38.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) lemons (d) a juicer
  39. 39.Riya plans to make 23 handmade cards. Each needs ₹6 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  40. 40.Which of these is a one-time cost? (a) card paper (b) lemons (c) paper cups (d) a folding table

Answer key

  1. 28
  2. a one-time cost
  3. 6
  4. 129
  5. False
  6. a running cost
  7. 120
  8. False
  9. a cooler box
  10. a cooler box
  11. 29
  12. 300
  13. a cash box
  14. 520
  15. 29
  16. paper cups
  17. 193
  18. 20
  19. 67
  20. 11
  21. Yes
  22. 25
  23. lemons
  24. a folding table
  25. 20
  26. True
  27. ice
  28. a running cost
  29. 200
  30. True
  31. 38
  32. Yes
  33. a cloth banner
  34. 100
  35. False
  36. paper cups
  37. False
  38. a juicer
  39. 188
  40. a folding table

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