← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 695 · 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.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  2. 2.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  3. 3.Riya’s stall budget is ₹630. A banner cost ₹30, ribbon cost ₹290 and seeds cost ₹300. How many rupees of the budget are left?
  4. 4.🔍 Which is the odd one out? (a) sugar (b) ice (c) a cash box (d) lemons
  5. 5.Which of these is a one-time cost? (a) paper cups (b) sugar (c) a cloth banner (d) lemons
  6. 6.Zoya has a budget of ₹1000. The stock costs ₹120 and the stall fee is ₹880. Is the budget enough? (a) No (b) Yes
  7. 7.🔍 Which is the odd one out? (a) a cloth banner (b) card paper (c) a juicer (d) a cooler box
  8. 8.True or false: “a juicer” is a running cost. (a) True (b) False
  9. 9.Farhan plans to make 48 painted pebbles. Each needs ₹6 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  10. 10.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  11. 11.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) ice (d) a juicer
  12. 12.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) tea leaves and milk (d) a cloth banner
  13. 13.Which of these is a one-time cost? (a) tea leaves and milk (b) card paper (c) a juicer (d) ice
  14. 14.Rohan has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹250. Is the budget enough? (a) Yes (b) No
  15. 15.Aarav has ₹50 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Aarav can buy?
  16. 16.Which of these is a one-time cost? (a) sugar (b) paper cups (c) tea leaves and milk (d) a cash box
  17. 17.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) a cooler box (d) paper cups
  18. 18.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  19. 19.Zoya has ₹500 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Zoya can buy?
  20. 20.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  21. 21.Riya has a budget of ₹700. The stock costs ₹160 and the stall fee is ₹580. Is the budget enough? (a) Yes (b) No
  22. 22.Nisha’s stall budget is ₹340. Seeds cost ₹60, paper cups cost ₹30 and a banner cost ₹140. How many rupees of the budget are left?
  23. 23.Which of these is a running cost? (a) sugar (b) a cash box (c) a cloth banner (d) a folding table
  24. 24.🔍 Which is the odd one out? (a) sugar (b) a price board (c) lemons (d) seeds and soil
  25. 25.Joseph has ₹150 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Joseph can buy?
  26. 26.Kabir has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  27. 27.Which of these is a one-time cost? (a) a folding table (b) card paper (c) lemons (d) ice
  28. 28.Joseph has ₹290 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Joseph can buy?
  29. 29.Which of these is a one-time cost? (a) card paper (b) paper cups (c) seeds and soil (d) a price board
  30. 30.Which of these is a running cost? (a) a price board (b) seeds and soil (c) a cloth banner (d) a folding table
  31. 31.Kabir plans to make 26 fruit cups. Each needs ₹7 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  32. 32.True or false: “a price board” is a one-time cost. (a) False (b) True
  33. 33.True or false: “a cash box” is a one-time cost. (a) False (b) True
  34. 34.Riya has a budget of ₹1000. The stock costs ₹70 and the stall fee is ₹910. Is the budget enough? (a) Yes (b) No
  35. 35.Which of these is a running cost? (a) a juicer (b) a cooler box (c) a folding table (d) card paper
  36. 36.🔍 Which is the odd one out? (a) lemons (b) tea leaves and milk (c) seeds and soil (d) a juicer
  37. 37.🔍 Which is the odd one out? (a) a folding table (b) lemons (c) card paper (d) sugar
  38. 38.Aarav plans to make 29 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  39. 39.Vihaan’s stall budget is ₹320. Pots cost ₹150, napkins cost ₹20 and lemons cost ₹70. How many rupees of the budget are left?
  40. 40.Farhan has ₹50 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Farhan can buy?

Answer key

  1. a one-time cost
  2. a running cost
  3. 10
  4. a cash box
  5. a cloth banner
  6. Yes
  7. card paper
  8. False
  9. 358
  10. a running cost
  11. ice
  12. tea leaves and milk
  13. a juicer
  14. No
  15. 8
  16. a cash box
  17. paper cups
  18. a running cost
  19. 62
  20. a running cost
  21. No
  22. 110
  23. sugar
  24. a price board
  25. 12
  26. Yes
  27. a folding table
  28. 72
  29. a price board
  30. seeds and soil
  31. 462
  32. True
  33. True
  34. Yes
  35. card paper
  36. a juicer
  37. a folding table
  38. 386
  39. 80
  40. 10

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