← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 740 · 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 price board? (a) a running cost (b) a one-time cost
  2. 2.Rohan’s stall budget is ₹740. Sugar cost ₹220, napkins cost ₹100 and a price board cost ₹160. How many rupees of the budget are left?
  3. 3.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  4. 4.Kabir plans to make 31 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  5. 5.Saanvi’s stall budget is ₹540. A price board cost ₹50, paper cups cost ₹130 and napkins cost ₹260. How many rupees of the budget are left?
  6. 6.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  7. 7.True or false: “lemons” is a running cost. (a) True (b) False
  8. 8.Meera has a budget of ₹800. The stock costs ₹350 and the stall fee is ₹500. Is the budget enough? (a) Yes (b) No
  9. 9.Nisha plans to make 41 potted plants. Each needs ₹4 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  10. 10.Which of these is a running cost? (a) a folding table (b) a cash box (c) a price board (d) lemons
  11. 11.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) a cooler box (d) a cash box
  12. 12.Kavya plans to make 44 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  13. 13.Which of these is a running cost? (a) a folding table (b) tea leaves and milk (c) a juicer (d) a cooler box
  14. 14.Which of these is a running cost? (a) a cooler box (b) card paper (c) a folding table (d) a juicer
  15. 15.Dev plans to make 23 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  16. 16.Arjun has ₹260 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Arjun can buy?
  17. 17.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  18. 18.🔍 Which is the odd one out? (a) a juicer (b) a cash box (c) card paper (d) a folding table
  19. 19.🔍 Which is the odd one out? (a) a price board (b) a folding table (c) sugar (d) a cloth banner
  20. 20.🔍 Which is the odd one out? (a) paper cups (b) ice (c) a cloth banner (d) card paper
  21. 21.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) ice (d) a cash box
  22. 22.Which of these is a running cost? (a) paper cups (b) a folding table (c) a cloth banner (d) a cooler box
  23. 23.True or false: “a cash box” is a running cost. (a) False (b) True
  24. 24.Which of these is a one-time cost? (a) sugar (b) a cooler box (c) card paper (d) seeds and soil
  25. 25.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  26. 26.Arjun has ₹500 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Arjun can buy?
  27. 27.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  28. 28.True or false: “a cloth banner” is a running cost. (a) True (b) False
  29. 29.Ananya plans to make 37 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  30. 30.🔍 Which is the odd one out? (a) a cooler box (b) card paper (c) sugar (d) seeds and soil
  31. 31.Ananya has a budget of ₹400. The stock costs ₹200 and the stall fee is ₹160. Is the budget enough? (a) Yes (b) No
  32. 32.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  33. 33.True or false: “paper cups” is a running cost. (a) False (b) True
  34. 34.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  35. 35.Tara has a budget of ₹800. The stock costs ₹200 and the stall fee is ₹590. Is the budget enough? (a) Yes (b) No
  36. 36.Farhan has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  37. 37.Which of these is a one-time cost? (a) ice (b) paper cups (c) card paper (d) a folding table
  38. 38.Arjun plans to make 11 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  39. 39.Aarav plans to make 41 jute bags. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  40. 40.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost

Answer key

  1. a one-time cost
  2. 260
  3. a running cost
  4. 380
  5. 100
  6. a one-time cost
  7. True
  8. No
  9. 254
  10. lemons
  11. paper cups
  12. 198
  13. tea leaves and milk
  14. card paper
  15. 246
  16. 43
  17. a one-time cost
  18. card paper
  19. sugar
  20. a cloth banner
  21. a cash box
  22. paper cups
  23. False
  24. a cooler box
  25. a running cost
  26. 25
  27. True
  28. False
  29. 264
  30. a cooler box
  31. Yes
  32. a one-time cost
  33. True
  34. a running cost
  35. Yes
  36. No
  37. a folding table
  38. 102
  39. 263
  40. a one-time cost

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