← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 626 · 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’s stall budget is ₹750. Seeds cost ₹160, a banner cost ₹240 and napkins cost ₹130. How many rupees of the budget are left?
  2. 2.Which of these is a one-time cost? (a) a folding table (b) lemons (c) paper cups (d) card paper
  3. 3.True or false: “a price board” is a running cost. (a) False (b) True
  4. 4.Dev’s stall budget is ₹480. Paper cups cost ₹130, seeds cost ₹70 and a banner cost ₹160. How many rupees of the budget are left?
  5. 5.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  6. 6.Lakshmi has a budget of ₹800. The stock costs ₹300 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  7. 7.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  8. 8.Farhan has ₹400 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Farhan can buy?
  9. 9.True or false: “a juicer” is a one-time cost. (a) False (b) True
  10. 10.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  11. 11.Which of these is a running cost? (a) card paper (b) a juicer (c) a cooler box (d) a folding table
  12. 12.Saanvi plans to make 18 clay diyas. Each needs ₹4 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  13. 13.Which of these is a running cost? (a) a folding table (b) a cooler box (c) a cloth banner (d) lemons
  14. 14.True or false: “a cooler box” is a running cost. (a) True (b) False
  15. 15.True or false: “paper cups” is a running cost. (a) False (b) True
  16. 16.Rohan plans to make 29 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  17. 17.🔍 Which is the odd one out? (a) card paper (b) sugar (c) tea leaves and milk (d) a cooler box
  18. 18.Riya has a budget of ₹600. The stock costs ₹160 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  19. 19.Ishaan’s stall budget is ₹700. Paper cups cost ₹30, a price board cost ₹270 and seeds cost ₹300. How many rupees of the budget are left?
  20. 20.True or false: “ice” is a running cost. (a) True (b) False
  21. 21.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) a folding table (d) a cloth banner
  22. 22.🔍 Which is the odd one out? (a) a price board (b) seeds and soil (c) tea leaves and milk (d) card paper
  23. 23.🔍 Which is the odd one out? (a) card paper (b) sugar (c) lemons (d) a cloth banner
  24. 24.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  25. 25.Aarav has ₹370 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Aarav can buy?
  26. 26.🔍 Which is the odd one out? (a) a juicer (b) tea leaves and milk (c) card paper (d) paper cups
  27. 27.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  28. 28.Dev has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
  29. 29.Which of these is a one-time cost? (a) lemons (b) a price board (c) sugar (d) ice
  30. 30.🔍 Which is the odd one out? (a) seeds and soil (b) a cash box (c) a juicer (d) a cloth banner
  31. 31.Vihaan’s stall budget is ₹390. Seeds cost ₹20, a price board cost ₹70 and ribbon cost ₹20. How many rupees of the budget are left?
  32. 32.Kabir plans to make 22 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  33. 33.Farhan plans to make 21 cups of lemonade. Each needs ₹10 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  34. 34.Which of these is a one-time cost? (a) ice (b) a cloth banner (c) card paper (d) lemons
  35. 35.True or false: “a folding table” is a running cost. (a) True (b) False
  36. 36.Tara has ₹370 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Tara can buy?
  37. 37.Lakshmi’s stall budget is ₹690. Napkins cost ₹230, a price board cost ₹220 and ribbon cost ₹220. How many rupees of the budget are left?
  38. 38.True or false: “lemons” is a one-time cost. (a) False (b) True
  39. 39.Rohan has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  40. 40.True or false: “seeds and soil” is a one-time cost. (a) False (b) True

Answer key

  1. 220
  2. a folding table
  3. False
  4. 120
  5. a running cost
  6. Yes
  7. a one-time cost
  8. 26
  9. True
  10. a one-time cost
  11. card paper
  12. 162
  13. lemons
  14. False
  15. True
  16. 276
  17. a cooler box
  18. Yes
  19. 100
  20. True
  21. sugar
  22. a price board
  23. a cloth banner
  24. a running cost
  25. 61
  26. a juicer
  27. a running cost
  28. No
  29. a price board
  30. seeds and soil
  31. 280
  32. 424
  33. 330
  34. a cloth banner
  35. False
  36. 24
  37. 20
  38. False
  39. No
  40. False

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