← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 738 · 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 cooler box (b) paper cups (c) seeds and soil (d) ice
  2. 2.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  3. 3.🔍 Which is the odd one out? (a) a cloth banner (b) a folding table (c) a cooler box (d) ice
  4. 4.Which of these is a one-time cost? (a) paper cups (b) a folding table (c) tea leaves and milk (d) ice
  5. 5.True or false: “a folding table” is a one-time cost. (a) False (b) True
  6. 6.Riya has ₹90 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Riya can buy?
  7. 7.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  8. 8.Vihaan plans to make 41 potted plants. Each needs ₹9 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  9. 9.True or false: “lemons” is a running cost. (a) False (b) True
  10. 10.True or false: “ice” is a one-time cost. (a) True (b) False
  11. 11.Kabir plans to make 14 paper bookmarks. Each needs ₹3 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  12. 12.Meera has a budget of ₹500. The stock costs ₹210 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  13. 13.Which of these is a running cost? (a) lemons (b) a folding table (c) a cooler box (d) a juicer
  14. 14.Riya has a budget of ₹1000. The stock costs ₹220 and the stall fee is ₹780. Is the budget enough? (a) Yes (b) No
  15. 15.True or false: “a juicer” is a running cost. (a) True (b) False
  16. 16.Saanvi has ₹350 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Saanvi can buy?
  17. 17.Which of these is a running cost? (a) a cooler box (b) seeds and soil (c) a cloth banner (d) a cash box
  18. 18.True or false: “a price board” is a running cost. (a) False (b) True
  19. 19.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  20. 20.Which of these is a running cost? (a) a cloth banner (b) card paper (c) a folding table (d) a juicer
  21. 21.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) a price board (d) a cash box
  22. 22.Which of these is a one-time cost? (a) lemons (b) sugar (c) ice (d) a cloth banner
  23. 23.Diya has a budget of ₹700. The stock costs ₹120 and the stall fee is ₹580. Is the budget enough? (a) No (b) Yes
  24. 24.Farhan has ₹140 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Farhan can buy?
  25. 25.Which of these is a running cost? (a) a juicer (b) a cloth banner (c) sugar (d) a cash box
  26. 26.True or false: “ice” is a running cost. (a) False (b) True
  27. 27.Which of these is a running cost? (a) paper cups (b) a cooler box (c) a cash box (d) a folding table
  28. 28.Zoya’s stall budget is ₹630. Ribbon cost ₹280, paper cups cost ₹110 and lemons cost ₹120. How many rupees of the budget are left?
  29. 29.Farhan’s stall budget is ₹970. Seeds cost ₹300, paper cups cost ₹260 and a banner cost ₹120. How many rupees of the budget are left?
  30. 30.Joseph plans to make 21 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  31. 31.Lakshmi has a budget of ₹700. The stock costs ₹320 and the stall fee is ₹340. Is the budget enough? (a) No (b) Yes
  32. 32.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) a folding table (d) card paper
  33. 33.Vihaan has a budget of ₹600. The stock costs ₹240 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
  34. 34.True or false: “sugar” is a one-time cost. (a) True (b) False
  35. 35.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  36. 36.🔍 Which is the odd one out? (a) a folding table (b) sugar (c) a juicer (d) a cloth banner
  37. 37.Aarav plans to make 19 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  38. 38.Vihaan plans to make 35 fruit cups. Each needs ₹10 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  39. 39.🔍 Which is the odd one out? (a) a cloth banner (b) lemons (c) ice (d) paper cups
  40. 40.Gurpreet’s stall budget is ₹630. Lemons cost ₹80, ribbon cost ₹240 and seeds cost ₹250. How many rupees of the budget are left?

Answer key

  1. a cooler box
  2. a one-time cost
  3. ice
  4. a folding table
  5. True
  6. 11
  7. a one-time cost
  8. 599
  9. True
  10. False
  11. 102
  12. Yes
  13. lemons
  14. Yes
  15. False
  16. 70
  17. seeds and soil
  18. False
  19. a running cost
  20. card paper
  21. lemons
  22. a cloth banner
  23. Yes
  24. 14
  25. sugar
  26. True
  27. paper cups
  28. 120
  29. 290
  30. 123
  31. Yes
  32. card paper
  33. No
  34. False
  35. False
  36. sugar
  37. 383
  38. 580
  39. a cloth banner
  40. 60

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