← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 741 · 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: paper cups? (a) a running cost (b) a one-time cost
  2. 2.Saanvi has a budget of ₹400. The stock costs ₹70 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  3. 3.True or false: “a cash box” is a one-time cost. (a) False (b) True
  4. 4.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  5. 5.True or false: “paper cups” is a running cost. (a) True (b) False
  6. 6.Joseph plans to make 46 friendship bands. Each needs ₹3 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  7. 7.Rohan plans to make 42 fruit cups. Each needs ₹2 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  8. 8.🔍 Which is the odd one out? (a) lemons (b) a cash box (c) a juicer (d) a price board
  9. 9.Ishaan has ₹270 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Ishaan can buy?
  10. 10.Meera has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  11. 11.Which of these is a one-time cost? (a) a folding table (b) lemons (c) sugar (d) ice
  12. 12.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  13. 13.Nisha plans to make 29 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  14. 14.Diya plans to make 43 cupcakes. Each needs ₹7 of materials, and a banner costs ₹150 once. What total budget is needed (in ₹)?
  15. 15.Aarav’s stall budget is ₹450. Napkins cost ₹130, lemons cost ₹30 and a price board cost ₹240. How many rupees of the budget are left?
  16. 16.Which of these is a running cost? (a) a cooler box (b) a folding table (c) paper cups (d) a cloth banner
  17. 17.Which of these is a one-time cost? (a) sugar (b) card paper (c) lemons (d) a cash box
  18. 18.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  19. 19.Gurpreet’s stall budget is ₹960. Seeds cost ₹230, napkins cost ₹200 and sugar cost ₹240. How many rupees of the budget are left?
  20. 20.Which of these is a one-time cost? (a) seeds and soil (b) a cloth banner (c) ice (d) paper cups
  21. 21.Dev has a budget of ₹600. The stock costs ₹170 and the stall fee is ₹380. Is the budget enough? (a) Yes (b) No
  22. 22.Gurpreet has ₹60 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Gurpreet can buy?
  23. 23.🔍 Which is the odd one out? (a) card paper (b) a cooler box (c) lemons (d) tea leaves and milk
  24. 24.True or false: “ice” is a one-time cost. (a) False (b) True
  25. 25.🔍 Which is the odd one out? (a) lemons (b) sugar (c) paper cups (d) a folding table
  26. 26.Vihaan’s stall budget is ₹800. Lemons cost ₹220, seeds cost ₹270 and card paper cost ₹230. How many rupees of the budget are left?
  27. 27.True or false: “paper cups” is a one-time cost. (a) False (b) True
  28. 28.Kabir has a budget of ₹700. The stock costs ₹260 and the stall fee is ₹470. Is the budget enough? (a) Yes (b) No
  29. 29.Farhan’s stall budget is ₹400. Ribbon cost ₹170, seeds cost ₹80 and paper cups cost ₹60. How many rupees of the budget are left?
  30. 30.True or false: “a price board” is a one-time cost. (a) False (b) True
  31. 31.Which of these is a one-time cost? (a) a juicer (b) lemons (c) seeds and soil (d) tea leaves and milk
  32. 32.Joseph has a budget of ₹600. The stock costs ₹270 and the stall fee is ₹340. Is the budget enough? (a) Yes (b) No
  33. 33.True or false: “sugar” is a running cost. (a) True (b) False
  34. 34.Joseph has ₹370 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Joseph can buy?
  35. 35.Dev plans to make 23 fruit cups. Each needs ₹9 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  36. 36.🔍 Which is the odd one out? (a) a juicer (b) sugar (c) a cloth banner (d) a folding table
  37. 37.Nisha has a budget of ₹600. The stock costs ₹220 and the stall fee is ₹420. Is the budget enough? (a) Yes (b) No
  38. 38.Lakshmi plans to make 48 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  39. 39.Which of these is a running cost? (a) tea leaves and milk (b) a juicer (c) a folding table (d) a cash box
  40. 40.🔍 Which is the odd one out? (a) ice (b) a price board (c) paper cups (d) sugar

Answer key

  1. a running cost
  2. Yes
  3. True
  4. a running cost
  5. True
  6. 248
  7. 304
  8. lemons
  9. 67
  10. Yes
  11. a folding table
  12. a one-time cost
  13. 483
  14. 451
  15. 50
  16. paper cups
  17. a cash box
  18. a running cost
  19. 290
  20. a cloth banner
  21. Yes
  22. 5
  23. a cooler box
  24. False
  25. a folding table
  26. 80
  27. False
  28. No
  29. 90
  30. True
  31. a juicer
  32. No
  33. True
  34. 24
  35. 307
  36. sugar
  37. No
  38. 364
  39. tea leaves and milk
  40. a price board

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