← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 644 · 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 folding table (c) a price board (d) tea leaves and milk
  2. 2.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) a cash box (d) card paper
  3. 3.Saanvi’s stall budget is ₹260. A price board cost ₹80, card paper cost ₹60 and a banner cost ₹100. How many rupees of the budget are left?
  4. 4.Meera’s stall budget is ₹890. A price board cost ₹140, napkins cost ₹290 and sugar cost ₹160. How many rupees of the budget are left?
  5. 5.Arjun has ₹200 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Arjun can buy?
  6. 6.Which of these is a one-time cost? (a) a cash box (b) paper cups (c) card paper (d) tea leaves and milk
  7. 7.🔍 Which is the odd one out? (a) seeds and soil (b) a cooler box (c) a price board (d) a cloth banner
  8. 8.True or false: “a juicer” is a one-time cost. (a) True (b) False
  9. 9.True or false: “a price board” is a one-time cost. (a) False (b) True
  10. 10.Kabir has a budget of ₹900. The stock costs ₹230 and the stall fee is ₹720. Is the budget enough? (a) No (b) Yes
  11. 11.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  12. 12.Kabir has ₹380 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Kabir can buy?
  13. 13.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  14. 14.Saanvi’s stall budget is ₹270. Card paper cost ₹70, ribbon cost ₹30 and sugar cost ₹50. How many rupees of the budget are left?
  15. 15.Farhan has a budget of ₹600. The stock costs ₹210 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  16. 16.Which of these is a running cost? (a) card paper (b) a folding table (c) a price board (d) a cooler box
  17. 17.Which of these is a one-time cost? (a) tea leaves and milk (b) lemons (c) a price board (d) paper cups
  18. 18.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  19. 19.Dev has ₹300 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Dev can buy?
  20. 20.🔍 Which is the odd one out? (a) a price board (b) ice (c) lemons (d) sugar
  21. 21.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) sugar (d) a cloth banner
  22. 22.Diya has ₹120 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Diya can buy?
  23. 23.Which of these is a running cost? (a) lemons (b) a price board (c) a folding table (d) a cash box
  24. 24.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  25. 25.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  26. 26.Zoya has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹190. Is the budget enough? (a) No (b) Yes
  27. 27.Which of these is a one-time cost? (a) card paper (b) a juicer (c) paper cups (d) sugar
  28. 28.Which of these is a one-time cost? (a) sugar (b) a cooler box (c) ice (d) seeds and soil
  29. 29.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a cloth banner (d) ice
  30. 30.Ishaan has a budget of ₹1000. The stock costs ₹50 and the stall fee is ₹980. Is the budget enough? (a) Yes (b) No
  31. 31.Aarav’s stall budget is ₹750. Paper cups cost ₹250, sugar cost ₹270 and a banner cost ₹190. How many rupees of the budget are left?
  32. 32.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  33. 33.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  34. 34.Zoya has a budget of ₹800. The stock costs ₹330 and the stall fee is ₹460. Is the budget enough? (a) No (b) Yes
  35. 35.Joseph has ₹360 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Joseph can buy?
  36. 36.True or false: “ice” is a running cost. (a) True (b) False
  37. 37.Farhan’s stall budget is ₹710. A banner cost ₹170, card paper cost ₹240 and napkins cost ₹20. How many rupees of the budget are left?
  38. 38.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) a folding table (d) ice
  39. 39.🔍 Which is the odd one out? (a) a price board (b) sugar (c) a juicer (d) a cloth banner
  40. 40.Kabir plans to make 12 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?

Answer key

  1. tea leaves and milk
  2. card paper
  3. 20
  4. 300
  5. 10
  6. a cash box
  7. seeds and soil
  8. True
  9. True
  10. No
  11. a one-time cost
  12. 38
  13. a one-time cost
  14. 120
  15. No
  16. card paper
  17. a price board
  18. a running cost
  19. 50
  20. a price board
  21. a cloth banner
  22. 15
  23. lemons
  24. a running cost
  25. True
  26. No
  27. a juicer
  28. a cooler box
  29. ice
  30. No
  31. 40
  32. a running cost
  33. a one-time cost
  34. Yes
  35. 90
  36. True
  37. 280
  38. a folding table
  39. sugar
  40. 168

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