← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 590 · 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: sugar? (a) a one-time cost (b) a running cost
  2. 2.Dev plans to make 21 friendship bands. Each needs ₹7 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  3. 3.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) seeds and soil (d) paper cups
  4. 4.🔍 Which is the odd one out? (a) a folding table (b) ice (c) a price board (d) a cloth banner
  5. 5.🔍 Which is the odd one out? (a) lemons (b) a price board (c) seeds and soil (d) tea leaves and milk
  6. 6.Dev has a budget of ₹800. The stock costs ₹390 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  7. 7.Saanvi has ₹90 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Saanvi can buy?
  8. 8.True or false: “seeds and soil” is a running cost. (a) True (b) False
  9. 9.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) a juicer (d) card paper
  10. 10.Which of these is a running cost? (a) a cloth banner (b) a price board (c) a cash box (d) card paper
  11. 11.Meera’s stall budget is ₹790. A banner cost ₹110, lemons cost ₹150 and sugar cost ₹250. How many rupees of the budget are left?
  12. 12.Ishaan plans to make 43 friendship bands. Each needs ₹10 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  13. 13.True or false: “a cash box” is a one-time cost. (a) False (b) True
  14. 14.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  15. 15.Riya plans to make 10 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  16. 16.🔍 Which is the odd one out? (a) seeds and soil (b) sugar (c) a juicer (d) paper cups
  17. 17.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) a juicer (d) a price board
  18. 18.Arjun has a budget of ₹1000. The stock costs ₹210 and the stall fee is ₹760. Is the budget enough? (a) Yes (b) No
  19. 19.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  20. 20.Gurpreet has a budget of ₹700. The stock costs ₹210 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  21. 21.Which of these is a one-time cost? (a) tea leaves and milk (b) lemons (c) paper cups (d) a price board
  22. 22.Ananya has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  23. 23.Diya plans to make 33 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  24. 24.Rohan has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  25. 25.True or false: “a cooler box” is a running cost. (a) True (b) False
  26. 26.Rohan has ₹90 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Rohan can buy?
  27. 27.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  28. 28.Kabir plans to make 35 jute bags. Each needs ₹9 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  29. 29.Gurpreet plans to make 16 friendship bands. Each needs ₹3 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  30. 30.Kabir has ₹370 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Kabir can buy?
  31. 31.Which of these is a running cost? (a) a folding table (b) paper cups (c) a cooler box (d) a cash box
  32. 32.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  33. 33.Lakshmi has a budget of ₹500. The stock costs ₹180 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  34. 34.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  35. 35.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) sugar (d) a price board
  36. 36.Diya plans to make 47 fruit cups. Each needs ₹2 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  37. 37.Kavya has a budget of ₹400. The stock costs ₹150 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  38. 38.Nisha plans to make 43 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  39. 39.Nisha’s stall budget is ₹770. Paper cups cost ₹170, seeds cost ₹210 and napkins cost ₹100. How many rupees of the budget are left?
  40. 40.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost

Answer key

  1. a running cost
  2. 207
  3. a cloth banner
  4. ice
  5. a price board
  6. Yes
  7. 15
  8. True
  9. card paper
  10. card paper
  11. 280
  12. 610
  13. True
  14. a one-time cost
  15. 390
  16. a juicer
  17. lemons
  18. Yes
  19. a one-time cost
  20. Yes
  21. a price board
  22. Yes
  23. 342
  24. No
  25. False
  26. 9
  27. a running cost
  28. 395
  29. 148
  30. 30
  31. paper cups
  32. a one-time cost
  33. Yes
  34. a one-time cost
  35. sugar
  36. 354
  37. No
  38. 189
  39. 290
  40. a running cost

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