← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 693 · 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.Lakshmi’s stall budget is ₹750. A banner cost ₹300, napkins cost ₹120 and ribbon cost ₹30. How many rupees of the budget are left?
  2. 2.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  3. 3.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) sugar (d) paper cups
  4. 4.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) ice (d) a price board
  5. 5.Nisha plans to make 20 fruit cups. Each needs ₹6 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  6. 6.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) card paper (d) a folding table
  7. 7.Which of these is a one-time cost? (a) tea leaves and milk (b) ice (c) a cash box (d) seeds and soil
  8. 8.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) a folding table (d) lemons
  9. 9.Nisha plans to make 11 potted plants. Each needs ₹2 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  10. 10.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  11. 11.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  12. 12.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  13. 13.Riya’s stall budget is ₹380. Lemons cost ₹30, card paper cost ₹40 and a banner cost ₹160. How many rupees of the budget are left?
  14. 14.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  15. 15.Vihaan’s stall budget is ₹580. Pots cost ₹130, sugar cost ₹60 and a price board cost ₹160. How many rupees of the budget are left?
  16. 16.Lakshmi has ₹190 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Lakshmi can buy?
  17. 17.Joseph plans to make 30 jute bags. Each needs ₹7 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  18. 18.Dev has ₹210 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Dev can buy?
  19. 19.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  20. 20.Lakshmi has ₹370 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Lakshmi can buy?
  21. 21.Which of these is a one-time cost? (a) paper cups (b) card paper (c) a price board (d) lemons
  22. 22.Ananya’s stall budget is ₹660. Seeds cost ₹100, napkins cost ₹250 and paper cups cost ₹140. How many rupees of the budget are left?
  23. 23.Which of these is a running cost? (a) paper cups (b) a cloth banner (c) a folding table (d) a cash box
  24. 24.Which of these is a running cost? (a) seeds and soil (b) a cooler box (c) a juicer (d) a folding table
  25. 25.Dev has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  26. 26.Riya plans to make 50 cupcakes. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  27. 27.Nisha’s stall budget is ₹880. A banner cost ₹260, napkins cost ₹210 and a price board cost ₹110. How many rupees of the budget are left?
  28. 28.Which of these is a running cost? (a) a folding table (b) a cooler box (c) a cloth banner (d) ice
  29. 29.Which of these is a running cost? (a) a cooler box (b) a juicer (c) lemons (d) a folding table
  30. 30.Saanvi plans to make 12 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  31. 31.True or false: “lemons” is a one-time cost. (a) True (b) False
  32. 32.Zoya has ₹490 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Zoya can buy?
  33. 33.Arjun plans to make 30 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  34. 34.Kavya has a budget of ₹1000. The stock costs ₹300 and the stall fee is ₹670. Is the budget enough? (a) Yes (b) No
  35. 35.Arjun plans to make 33 fruit cups. Each needs ₹6 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  36. 36.🔍 Which is the odd one out? (a) a price board (b) ice (c) card paper (d) tea leaves and milk
  37. 37.Which of these is a one-time cost? (a) ice (b) a juicer (c) sugar (d) card paper
  38. 38.Aarav has ₹400 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Aarav can buy?
  39. 39.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a folding table (d) seeds and soil
  40. 40.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost

Answer key

  1. 300
  2. a running cost
  3. a cloth banner
  4. ice
  5. 220
  6. card paper
  7. a cash box
  8. lemons
  9. 132
  10. a running cost
  11. a running cost
  12. a one-time cost
  13. 150
  14. a one-time cost
  15. 230
  16. 15
  17. 330
  18. 17
  19. True
  20. 92
  21. a price board
  22. 170
  23. paper cups
  24. seeds and soil
  25. Yes
  26. 160
  27. 300
  28. ice
  29. lemons
  30. 320
  31. False
  32. 40
  33. 380
  34. Yes
  35. 308
  36. a price board
  37. a juicer
  38. 20
  39. seeds and soil
  40. a running cost

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