Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 690 · 40 questions

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.

1. 1.Which of these is a one-time cost? (a) card paper (b) a folding table (c) paper cups (d) ice
2. 2.True or false: “sugar” is a one-time cost. (a) True (b) False
3. 3.🔍 Which is the odd one out? (a) card paper (b) a cooler box (c) a juicer (d) a cash box
4. 4.Which of these is a one-time cost? (a) sugar (b) lemons (c) card paper (d) a cash box
5. 5.Saanvi plans to make 41 jute bags. Each needs ₹10 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
6. 6.Diya has a budget of ₹400. The stock costs ₹200 and the stall fee is ₹170. Is the budget enough? (a) Yes (b) No
7. 7.Joseph has a budget of ₹1000. The stock costs ₹150 and the stall fee is ₹900. Is the budget enough? (a) Yes (b) No
8. 8.True or false: “a cooler box” is a running cost. (a) True (b) False
9. 9.True or false: “ice” is a running cost. (a) True (b) False
10. 10.Diya has a budget of ₹900. The stock costs ₹140 and the stall fee is ₹710. Is the budget enough? (a) Yes (b) No
11. 11.Aarav’s stall budget is ₹850. Ribbon cost ₹180, card paper cost ₹300 and napkins cost ₹290. How many rupees of the budget are left?
12. 12.Nisha’s stall budget is ₹600. Seeds cost ₹180, card paper cost ₹190 and ribbon cost ₹20. How many rupees of the budget are left?
13. 13.Which of these is a running cost? (a) a cloth banner (b) ice (c) a cash box (d) a folding table
14. 14.Which of these is a one-time cost? (a) seeds and soil (b) tea leaves and milk (c) ice (d) a cloth banner
15. 15.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
16. 16.True or false: “lemons” is a running cost. (a) True (b) False
17. 17.Gurpreet’s stall budget is ₹780. Card paper cost ₹140, lemons cost ₹300 and sugar cost ₹180. How many rupees of the budget are left?
18. 18.True or false: “a cash box” is a running cost. (a) False (b) True
19. 19.Meera has a budget of ₹700. The stock costs ₹290 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
20. 20.🔍 Which is the odd one out? (a) a folding table (b) paper cups (c) lemons (d) card paper
21. 21.True or false: “a price board” is a running cost. (a) True (b) False
22. 22.Which of these is a one-time cost? (a) a price board (b) sugar (c) lemons (d) tea leaves and milk
23. 23.Tara has ₹80 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Tara can buy?
24. 24.Which of these is a running cost? (a) tea leaves and milk (b) a cloth banner (c) a price board (d) a juicer
25. 25.Ananya’s stall budget is ₹500. Sugar cost ₹160, card paper cost ₹70 and a banner cost ₹200. How many rupees of the budget are left?
26. 26.Rohan has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹170. Is the budget enough? (a) No (b) Yes
27. 27.Meera plans to make 30 painted pebbles. Each needs ₹8 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
28. 28.Kabir plans to make 46 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
29. 29.Which of these is a one-time cost? (a) a cooler box (b) card paper (c) sugar (d) tea leaves and milk
30. 30.Kavya has ₹140 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Kavya can buy?
31. 31.True or false: “lemons” is a one-time cost. (a) False (b) True
32. 32.🔍 Which is the odd one out? (a) a cloth banner (b) tea leaves and milk (c) a juicer (d) a price board
33. 33.🔍 Which is the odd one out? (a) a folding table (b) ice (c) a cash box (d) a cloth banner
34. 34.Aarav’s stall budget is ₹830. Sugar cost ₹200, lemons cost ₹160 and paper cups cost ₹240. How many rupees of the budget are left?
35. 35.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
36. 36.True or false: “a price board” is a one-time cost. (a) False (b) True
37. 37.Arjun has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹270. Is the budget enough? (a) Yes (b) No
38. 38.Which of these is a one-time cost? (a) a juicer (b) ice (c) tea leaves and milk (d) sugar
39. 39.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
40. 40.Arjun has ₹380 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Arjun can buy?

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