← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 63 · 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.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a folding table (d) lemons
  2. 2.🔍 Which is the odd one out? (a) lemons (b) ice (c) sugar (d) a folding table
  3. 3.Ishaan plans to make 17 handmade cards. Each needs ₹9 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  4. 4.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) paper cups (d) a cooler box
  5. 5.Tara has ₹310 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Tara can buy?
  6. 6.True or false: “a cooler box” is a running cost. (a) True (b) False
  7. 7.Aarav plans to make 32 paper bookmarks. Each needs ₹8 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  8. 8.🔍 Which is the odd one out? (a) a price board (b) card paper (c) a cash box (d) a folding table
  9. 9.Ishaan’s stall budget is ₹850. Napkins cost ₹290, paper cups cost ₹250 and a price board cost ₹70. How many rupees of the budget are left?
  10. 10.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  11. 11.Vihaan’s stall budget is ₹590. Seeds cost ₹40, ribbon cost ₹150 and a banner cost ₹180. How many rupees of the budget are left?
  12. 12.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  13. 13.Zoya plans to make 13 potted plants. Each needs ₹10 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  14. 14.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) paper cups (d) a price board
  15. 15.Riya’s stall budget is ₹820. A price board cost ₹290, seeds cost ₹120 and a banner cost ₹240. How many rupees of the budget are left?
  16. 16.Meera’s stall budget is ₹720. Lemons cost ₹170, paper cups cost ₹80 and pots cost ₹190. How many rupees of the budget are left?
  17. 17.🔍 Which is the odd one out? (a) a juicer (b) seeds and soil (c) lemons (d) ice
  18. 18.Rohan’s stall budget is ₹700. Paper cups cost ₹120, sugar cost ₹240 and lemons cost ₹250. How many rupees of the budget are left?
  19. 19.Lakshmi has a budget of ₹500. The stock costs ₹170 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  20. 20.Farhan has a budget of ₹600. The stock costs ₹260 and the stall fee is ₹360. Is the budget enough? (a) Yes (b) No
  21. 21.True or false: “a price board” is a one-time cost. (a) False (b) True
  22. 22.Aarav’s stall budget is ₹610. Lemons cost ₹240, card paper cost ₹90 and paper cups cost ₹250. How many rupees of the budget are left?
  23. 23.Aarav has ₹220 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Aarav can buy?
  24. 24.Which of these is a one-time cost? (a) seeds and soil (b) ice (c) a cooler box (d) card paper
  25. 25.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  26. 26.Farhan has ₹60 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Farhan can buy?
  27. 27.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  28. 28.Which of these is a running cost? (a) a cooler box (b) a folding table (c) seeds and soil (d) a cash box
  29. 29.Which of these is a one-time cost? (a) lemons (b) a folding table (c) seeds and soil (d) card paper
  30. 30.Zoya’s stall budget is ₹360. Paper cups cost ₹130, a price board cost ₹100 and card paper cost ₹110. How many rupees of the budget are left?
  31. 31.Nisha’s stall budget is ₹320. Lemons cost ₹50, ribbon cost ₹130 and napkins cost ₹70. How many rupees of the budget are left?
  32. 32.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  33. 33.True or false: “a folding table” is a one-time cost. (a) False (b) True
  34. 34.Kavya’s stall budget is ₹590. Napkins cost ₹150, a price board cost ₹240 and pots cost ₹40. How many rupees of the budget are left?
  35. 35.Meera has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹100. Is the budget enough? (a) No (b) Yes
  36. 36.🔍 Which is the odd one out? (a) a cash box (b) sugar (c) a cloth banner (d) a price board
  37. 37.Nisha has ₹300 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Nisha can buy?
  38. 38.🔍 Which is the odd one out? (a) seeds and soil (b) paper cups (c) a cash box (d) lemons
  39. 39.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  40. 40.Riya’s stall budget is ₹680. Card paper cost ₹70, napkins cost ₹170 and seeds cost ₹250. How many rupees of the budget are left?

Answer key

  1. lemons
  2. a folding table
  3. 443
  4. a cooler box
  5. 77
  6. False
  7. 416
  8. card paper
  9. 240
  10. a running cost
  11. 220
  12. a one-time cost
  13. 310
  14. a price board
  15. 170
  16. 280
  17. a juicer
  18. 90
  19. Yes
  20. No
  21. True
  22. 30
  23. 22
  24. a cooler box
  25. a running cost
  26. 15
  27. a running cost
  28. seeds and soil
  29. a folding table
  30. 20
  31. 70
  32. True
  33. True
  34. 160
  35. Yes
  36. sugar
  37. 60
  38. a cash box
  39. a one-time cost
  40. 190

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