Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 703 · 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.Dev’s stall budget is ₹420. Ribbon cost ₹160, lemons cost ₹30 and pots cost ₹90. How many rupees of the budget are left?
2. 2.Dev has a budget of ₹900. The stock costs ₹200 and the stall fee is ₹650. Is the budget enough? (a) Yes (b) No
3. 3.Kabir plans to make 49 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
4. 4.Which of these is a one-time cost? (a) ice (b) a cloth banner (c) seeds and soil (d) sugar
5. 5.Nisha plans to make 19 fruit cups. Each needs ₹3 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
6. 6.Which of these is a one-time cost? (a) paper cups (b) lemons (c) a folding table (d) seeds and soil
7. 7.Riya plans to make 33 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
8. 8.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
9. 9.🔍 Which is the odd one out? (a) tea leaves and milk (b) sugar (c) a cash box (d) seeds and soil
10. 10.Farhan plans to make 11 cupcakes. Each needs ₹5 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
11. 11.Which of these is a running cost? (a) a cash box (b) a cooler box (c) seeds and soil (d) a cloth banner
12. 12.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) ice (d) a cooler box
13. 13.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
14. 14.Gurpreet plans to make 46 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
15. 15.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
16. 16.🔍 Which is the odd one out? (a) card paper (b) seeds and soil (c) lemons (d) a folding table
17. 17.Which of these is a running cost? (a) a juicer (b) tea leaves and milk (c) a folding table (d) a cloth banner
18. 18.Arjun plans to make 24 cupcakes. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
19. 19.Aarav has ₹100 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Aarav can buy?
20. 20.Joseph plans to make 18 clay diyas. Each needs ₹7 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
21. 21.True or false: “sugar” is a one-time cost. (a) True (b) False
22. 22.Which of these is a one-time cost? (a) card paper (b) sugar (c) a cooler box (d) lemons
23. 23.🔍 Which is the odd one out? (a) a juicer (b) lemons (c) ice (d) tea leaves and milk
24. 24.True or false: “lemons” is a one-time cost. (a) True (b) False
25. 25.Kavya has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹190. Is the budget enough? (a) Yes (b) No
26. 26.True or false: “card paper” is a running cost. (a) True (b) False
27. 27.Rohan has ₹70 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Rohan can buy?
28. 28.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) sugar (d) card paper
29. 29.Riya has a budget of ₹1000. The stock costs ₹50 and the stall fee is ₹940. Is the budget enough? (a) Yes (b) No
30. 30.True or false: “seeds and soil” is a running cost. (a) True (b) False
31. 31.Kabir has a budget of ₹700. The stock costs ₹320 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
32. 32.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) sugar (d) a cloth banner
33. 33.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) a juicer (d) a cooler box
34. 34.True or false: “a juicer” is a running cost. (a) True (b) False
35. 35.Arjun has ₹370 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Arjun can buy?
36. 36.Lakshmi’s stall budget is ₹680. Card paper cost ₹200, ribbon cost ₹50 and a banner cost ₹130. How many rupees of the budget are left?
37. 37.True or false: “a folding table” is a one-time cost. (a) False (b) True
38. 38.Gurpreet has a budget of ₹400. The stock costs ₹180 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
39. 39.Aarav has ₹50 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Aarav can buy?
40. 40.Kavya has a budget of ₹600. The stock costs ₹90 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes

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