← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 749 · 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: tea leaves and milk? (a) a running cost (b) a one-time cost
  2. 2.Kabir has a budget of ₹600. The stock costs ₹170 and the stall fee is ₹400. Is the budget enough? (a) Yes (b) No
  3. 3.🔍 Which is the odd one out? (a) a folding table (b) seeds and soil (c) a cloth banner (d) a price board
  4. 4.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a folding table (d) sugar
  5. 5.Which of these is a one-time cost? (a) a price board (b) card paper (c) lemons (d) ice
  6. 6.🔍 Which is the odd one out? (a) lemons (b) a cooler box (c) sugar (d) paper cups
  7. 7.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) a folding table (d) sugar
  8. 8.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  9. 9.Vihaan has a budget of ₹700. The stock costs ₹180 and the stall fee is ₹480. Is the budget enough? (a) No (b) Yes
  10. 10.Joseph plans to make 13 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  11. 11.True or false: “sugar” is a running cost. (a) True (b) False
  12. 12.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  13. 13.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  14. 14.Meera has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹280. Is the budget enough? (a) No (b) Yes
  15. 15.Lakshmi has ₹410 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Lakshmi can buy?
  16. 16.Ananya has ₹100 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Ananya can buy?
  17. 17.Ananya’s stall budget is ₹310. A banner cost ₹50, lemons cost ₹190 and seeds cost ₹40. How many rupees of the budget are left?
  18. 18.True or false: “lemons” is a running cost. (a) True (b) False
  19. 19.True or false: “card paper” is a running cost. (a) True (b) False
  20. 20.Nisha’s stall budget is ₹700. Pots cost ₹300, a price board cost ₹140 and sugar cost ₹200. How many rupees of the budget are left?
  21. 21.Gurpreet plans to make 49 clay diyas. Each needs ₹3 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  22. 22.🔍 Which is the odd one out? (a) lemons (b) a cloth banner (c) a cash box (d) a juicer
  23. 23.🔍 Which is the odd one out? (a) tea leaves and milk (b) ice (c) sugar (d) a cash box
  24. 24.🔍 Which is the odd one out? (a) seeds and soil (b) card paper (c) a juicer (d) lemons
  25. 25.Zoya has ₹180 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Zoya can buy?
  26. 26.Which of these is a one-time cost? (a) card paper (b) ice (c) a cloth banner (d) sugar
  27. 27.Nisha’s stall budget is ₹730. A price board cost ₹140, sugar cost ₹110 and napkins cost ₹180. How many rupees of the budget are left?
  28. 28.True or false: “paper cups” is a one-time cost. (a) True (b) False
  29. 29.Gurpreet has ₹280 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Gurpreet can buy?
  30. 30.Farhan’s stall budget is ₹830. Ribbon cost ₹260, lemons cost ₹250 and a price board cost ₹110. How many rupees of the budget are left?
  31. 31.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) a cloth banner (d) card paper
  32. 32.Which of these is a one-time cost? (a) paper cups (b) lemons (c) card paper (d) a cooler box
  33. 33.True or false: “a price board” is a one-time cost. (a) True (b) False
  34. 34.Rohan has ₹420 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Rohan can buy?
  35. 35.Kabir plans to make 32 fruit cups. Each needs ₹8 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  36. 36.Diya plans to make 26 painted pebbles. Each needs ₹5 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  37. 37.Saanvi plans to make 44 handmade cards. Each needs ₹2 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  38. 38.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  39. 39.🔍 Which is the odd one out? (a) a price board (b) a cash box (c) tea leaves and milk (d) a juicer
  40. 40.Which of these is a running cost? (a) lemons (b) a folding table (c) a cash box (d) a cloth banner

Answer key

  1. a running cost
  2. Yes
  3. seeds and soil
  4. a folding table
  5. a price board
  6. a cooler box
  7. sugar
  8. a running cost
  9. Yes
  10. 186
  11. True
  12. False
  13. a one-time cost
  14. Yes
  15. 34
  16. 25
  17. 30
  18. True
  19. True
  20. 60
  21. 217
  22. lemons
  23. a cash box
  24. a juicer
  25. 12
  26. a cloth banner
  27. 300
  28. False
  29. 18
  30. 210
  31. card paper
  32. a cooler box
  33. True
  34. 35
  35. 456
  36. 360
  37. 138
  38. a running cost
  39. tea leaves and milk
  40. lemons

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