← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 640 · 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.Riya has a budget of ₹600. The stock costs ₹150 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  2. 2.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  3. 3.🔍 Which is the odd one out? (a) sugar (b) a juicer (c) a cooler box (d) a price board
  4. 4.Which of these is a running cost? (a) paper cups (b) a cash box (c) a juicer (d) a price board
  5. 5.Diya has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  6. 6.Ishaan has a budget of ₹700. The stock costs ₹250 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  7. 7.True or false: “paper cups” is a one-time cost. (a) False (b) True
  8. 8.🔍 Which is the odd one out? (a) lemons (b) a price board (c) seeds and soil (d) tea leaves and milk
  9. 9.Which of these is a one-time cost? (a) a juicer (b) paper cups (c) card paper (d) seeds and soil
  10. 10.True or false: “ice” is a running cost. (a) True (b) False
  11. 11.True or false: “a cloth banner” is a running cost. (a) False (b) True
  12. 12.Meera has ₹200 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Meera can buy?
  13. 13.Diya plans to make 24 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  14. 14.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) a juicer (d) a price board
  15. 15.Riya’s stall budget is ₹530. A price board cost ₹170, lemons cost ₹160 and paper cups cost ₹140. How many rupees of the budget are left?
  16. 16.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a juicer (d) paper cups
  17. 17.True or false: “card paper” is a one-time cost. (a) True (b) False
  18. 18.Which of these is a running cost? (a) a juicer (b) ice (c) a cloth banner (d) a cash box
  19. 19.Diya’s stall budget is ₹570. Seeds cost ₹80, lemons cost ₹50 and pots cost ₹230. How many rupees of the budget are left?
  20. 20.🔍 Which is the odd one out? (a) lemons (b) a cash box (c) a folding table (d) a cooler box
  21. 21.Ishaan’s stall budget is ₹700. Lemons cost ₹190, a banner cost ₹290 and napkins cost ₹150. How many rupees of the budget are left?
  22. 22.Vihaan’s stall budget is ₹310. Pots cost ₹140, sugar cost ₹140 and card paper cost ₹20. How many rupees of the budget are left?
  23. 23.Lakshmi has a budget of ₹300. The stock costs ₹150 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
  24. 24.Farhan plans to make 11 clay diyas. Each needs ₹10 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  25. 25.True or false: “sugar” is a running cost. (a) True (b) False
  26. 26.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?
  27. 27.Zoya plans to make 32 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  28. 28.True or false: “a juicer” is a running cost. (a) False (b) True
  29. 29.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  30. 30.Which of these is a one-time cost? (a) lemons (b) seeds and soil (c) a cash box (d) paper cups
  31. 31.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  32. 32.Which of these is a one-time cost? (a) sugar (b) card paper (c) lemons (d) a cooler box
  33. 33.Farhan has ₹260 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Farhan can buy?
  34. 34.True or false: “a price board” is a running cost. (a) True (b) False
  35. 35.Ananya has ₹470 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Ananya can buy?
  36. 36.True or false: “seeds and soil” is a running cost. (a) True (b) False
  37. 37.Aarav has ₹50 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Aarav can buy?
  38. 38.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  39. 39.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cash box (c) ice (d) seeds and soil
  40. 40.Aarav plans to make 29 handmade cards. Each needs ₹3 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?

Answer key

  1. Yes
  2. a one-time cost
  3. sugar
  4. paper cups
  5. Yes
  6. Yes
  7. False
  8. a price board
  9. a juicer
  10. True
  11. False
  12. 33
  13. 290
  14. seeds and soil
  15. 60
  16. paper cups
  17. False
  18. ice
  19. 210
  20. lemons
  21. 70
  22. 10
  23. No
  24. 210
  25. True
  26. 26
  27. 352
  28. False
  29. a running cost
  30. a cash box
  31. a running cost
  32. a cooler box
  33. 17
  34. False
  35. 78
  36. True
  37. 5
  38. a one-time cost
  39. a cash box
  40. 247

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