← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 705 · 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.Which of these is a one-time cost? (a) a juicer (b) tea leaves and milk (c) card paper (d) paper cups
  2. 2.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  3. 3.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) a juicer (d) lemons
  4. 4.🔍 Which is the odd one out? (a) a price board (b) sugar (c) a juicer (d) a folding table
  5. 5.🔍 Which is the odd one out? (a) a price board (b) paper cups (c) ice (d) seeds and soil
  6. 6.True or false: “sugar” is a one-time cost. (a) False (b) True
  7. 7.Which of these is a one-time cost? (a) card paper (b) a folding table (c) ice (d) sugar
  8. 8.🔍 Which is the odd one out? (a) a juicer (b) tea leaves and milk (c) a folding table (d) a cash box
  9. 9.True or false: “a folding table” is a running cost. (a) True (b) False
  10. 10.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) a folding table (d) paper cups
  11. 11.Zoya plans to make 18 cupcakes. Each needs ₹9 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  12. 12.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  13. 13.Aarav’s stall budget is ₹660. Napkins cost ₹140, sugar cost ₹20 and a price board cost ₹220. How many rupees of the budget are left?
  14. 14.Meera’s stall budget is ₹700. Pots cost ₹220, seeds cost ₹180 and a banner cost ₹100. How many rupees of the budget are left?
  15. 15.Zoya plans to make 17 cupcakes. Each needs ₹6 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  16. 16.Which of these is a one-time cost? (a) lemons (b) ice (c) a cash box (d) paper cups
  17. 17.Which of these is a running cost? (a) a cash box (b) a folding table (c) sugar (d) a price board
  18. 18.🔍 Which is the odd one out? (a) a cash box (b) a cloth banner (c) seeds and soil (d) a folding table
  19. 19.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  20. 20.Which of these is a running cost? (a) a cash box (b) a price board (c) tea leaves and milk (d) a cloth banner
  21. 21.Which of these is a running cost? (a) a folding table (b) lemons (c) a juicer (d) a cooler box
  22. 22.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) card paper (d) a juicer
  23. 23.Rohan has ₹70 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Rohan can buy?
  24. 24.🔍 Which is the odd one out? (a) ice (b) a juicer (c) a folding table (d) a cloth banner
  25. 25.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  26. 26.Ishaan has ₹110 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Ishaan can buy?
  27. 27.Rohan’s stall budget is ₹870. Seeds cost ₹300, ribbon cost ₹30 and a price board cost ₹270. How many rupees of the budget are left?
  28. 28.🔍 Which is the odd one out? (a) a cloth banner (b) sugar (c) card paper (d) ice
  29. 29.Farhan has a budget of ₹300. The stock costs ₹140 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  30. 30.Riya’s stall budget is ₹180. A banner cost ₹20, pots cost ₹30 and a price board cost ₹120. How many rupees of the budget are left?
  31. 31.Kabir’s stall budget is ₹510. A banner cost ₹100, lemons cost ₹30 and a price board cost ₹270. How many rupees of the budget are left?
  32. 32.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  33. 33.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  34. 34.Which of these is a one-time cost? (a) sugar (b) a cooler box (c) seeds and soil (d) tea leaves and milk
  35. 35.Ananya’s stall budget is ₹730. Seeds cost ₹220, lemons cost ₹180 and sugar cost ₹230. How many rupees of the budget are left?
  36. 36.Rohan’s stall budget is ₹700. Pots cost ₹230, ribbon cost ₹300 and a banner cost ₹30. How many rupees of the budget are left?
  37. 37.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  38. 38.Zoya has ₹410 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Zoya can buy?
  39. 39.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  40. 40.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) a cooler box (d) card paper

Answer key

  1. a juicer
  2. a one-time cost
  3. lemons
  4. sugar
  5. a price board
  6. False
  7. a folding table
  8. tea leaves and milk
  9. False
  10. paper cups
  11. 422
  12. a one-time cost
  13. 280
  14. 200
  15. 312
  16. a cash box
  17. sugar
  18. seeds and soil
  19. True
  20. tea leaves and milk
  21. lemons
  22. card paper
  23. 17
  24. ice
  25. False
  26. 13
  27. 270
  28. a cloth banner
  29. No
  30. 10
  31. 110
  32. a one-time cost
  33. a running cost
  34. a cooler box
  35. 100
  36. 140
  37. a running cost
  38. 102
  39. False
  40. a cooler box

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