← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 689 · 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.Ishaan plans to make 42 friendship bands. Each needs ₹3 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  2. 2.True or false: “lemons” is a running cost. (a) False (b) True
  3. 3.Meera’s stall budget is ₹700. Pots cost ₹180, ribbon cost ₹300 and card paper cost ₹180. How many rupees of the budget are left?
  4. 4.Ananya plans to make 46 potted plants. Each needs ₹8 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  5. 5.Kabir’s stall budget is ₹600. Pots cost ₹110, a banner cost ₹180 and paper cups cost ₹90. How many rupees of the budget are left?
  6. 6.Farhan plans to make 21 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  7. 7.Which of these is a running cost? (a) a folding table (b) a cash box (c) lemons (d) a cooler box
  8. 8.True or false: “a juicer” is a one-time cost. (a) True (b) False
  9. 9.Which of these is a one-time cost? (a) a juicer (b) lemons (c) paper cups (d) ice
  10. 10.Diya has a budget of ₹400. The stock costs ₹110 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  11. 11.Lakshmi’s stall budget is ₹920. Card paper cost ₹300, sugar cost ₹300 and napkins cost ₹120. How many rupees of the budget are left?
  12. 12.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  13. 13.True or false: “a cloth banner” is a running cost. (a) True (b) False
  14. 14.Rohan plans to make 14 cupcakes. Each needs ₹4 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  15. 15.True or false: “card paper” is a running cost. (a) True (b) False
  16. 16.Which of these is a one-time cost? (a) seeds and soil (b) lemons (c) a price board (d) sugar
  17. 17.Which of these is a running cost? (a) a cash box (b) paper cups (c) a cooler box (d) a folding table
  18. 18.Saanvi plans to make 36 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  19. 19.Zoya has a budget of ₹1000. The stock costs ₹190 and the stall fee is ₹840. Is the budget enough? (a) No (b) Yes
  20. 20.🔍 Which is the odd one out? (a) sugar (b) ice (c) a juicer (d) paper cups
  21. 21.🔍 Which is the odd one out? (a) ice (b) seeds and soil (c) paper cups (d) a folding table
  22. 22.Kabir plans to make 20 potted plants. Each needs ₹8 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  23. 23.Arjun has a budget of ₹700. The stock costs ₹210 and the stall fee is ₹440. Is the budget enough? (a) Yes (b) No
  24. 24.Diya plans to make 42 potted plants. Each needs ₹7 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  25. 25.Which of these is a running cost? (a) seeds and soil (b) a folding table (c) a cooler box (d) a cash box
  26. 26.Gurpreet plans to make 10 fruit cups. Each needs ₹6 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  27. 27.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  28. 28.Arjun’s stall budget is ₹650. Ribbon cost ₹80, lemons cost ₹200 and sugar cost ₹240. How many rupees of the budget are left?
  29. 29.Nisha has ₹80 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Nisha can buy?
  30. 30.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  31. 31.🔍 Which is the odd one out? (a) a cloth banner (b) seeds and soil (c) paper cups (d) tea leaves and milk
  32. 32.Which of these is a one-time cost? (a) lemons (b) tea leaves and milk (c) sugar (d) a folding table
  33. 33.Which of these is a running cost? (a) a folding table (b) a price board (c) tea leaves and milk (d) a juicer
  34. 34.True or false: “lemons” is a one-time cost. (a) False (b) True
  35. 35.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) a cash box (d) sugar
  36. 36.Which of these is a one-time cost? (a) seeds and soil (b) a cooler box (c) lemons (d) paper cups
  37. 37.Dev plans to make 14 painted pebbles. Each needs ₹5 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  38. 38.Ananya’s stall budget is ₹900. Paper cups cost ₹260, pots cost ₹280 and lemons cost ₹230. How many rupees of the budget are left?
  39. 39.🔍 Which is the odd one out? (a) a cash box (b) ice (c) card paper (d) seeds and soil
  40. 40.Nisha has ₹70 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Nisha can buy?

Answer key

  1. 296
  2. True
  3. 40
  4. 588
  5. 220
  6. 397
  7. lemons
  8. True
  9. a juicer
  10. No
  11. 200
  12. a running cost
  13. False
  14. 116
  15. True
  16. a price board
  17. paper cups
  18. 188
  19. No
  20. a juicer
  21. a folding table
  22. 250
  23. Yes
  24. 474
  25. seeds and soil
  26. 340
  27. a running cost
  28. 130
  29. 6
  30. a running cost
  31. a cloth banner
  32. a folding table
  33. tea leaves and milk
  34. False
  35. sugar
  36. a cooler box
  37. 260
  38. 130
  39. a cash box
  40. 4

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