← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 754 · 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 is the odd one out? (a) a cash box (b) ice (c) lemons (d) sugar
  2. 2.True or false: “lemons” is a running cost. (a) False (b) True
  3. 3.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  4. 4.True or false: “a folding table” is a running cost. (a) True (b) False
  5. 5.True or false: “a juicer” is a running cost. (a) True (b) False
  6. 6.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) sugar (d) a cooler box
  7. 7.🔍 Which is the odd one out? (a) seeds and soil (b) a cloth banner (c) lemons (d) paper cups
  8. 8.Which of these is a one-time cost? (a) tea leaves and milk (b) a price board (c) lemons (d) seeds and soil
  9. 9.Aarav plans to make 39 handmade cards. Each needs ₹8 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  10. 10.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  11. 11.True or false: “a cash box” is a running cost. (a) False (b) True
  12. 12.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) a price board (d) a cloth banner
  13. 13.Vihaan has ₹390 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Vihaan can buy?
  14. 14.Saanvi has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  15. 15.Arjun has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹170. Is the budget enough? (a) No (b) Yes
  16. 16.Rohan’s stall budget is ₹590. Sugar cost ₹110, ribbon cost ₹210 and pots cost ₹220. How many rupees of the budget are left?
  17. 17.Farhan has a budget of ₹900. The stock costs ₹150 and the stall fee is ₹780. Is the budget enough? (a) Yes (b) No
  18. 18.🔍 Which is the odd one out? (a) seeds and soil (b) tea leaves and milk (c) card paper (d) a price board
  19. 19.Ishaan plans to make 14 cupcakes. Each needs ₹5 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  20. 20.Tara has a budget of ₹400. The stock costs ₹120 and the stall fee is ₹260. Is the budget enough? (a) Yes (b) No
  21. 21.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  22. 22.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) a cash box (d) paper cups
  23. 23.True or false: “a cloth banner” is a running cost. (a) True (b) False
  24. 24.Saanvi’s stall budget is ₹610. Napkins cost ₹50, sugar cost ₹210 and ribbon cost ₹280. How many rupees of the budget are left?
  25. 25.Rohan’s stall budget is ₹630. Napkins cost ₹110, seeds cost ₹220 and a price board cost ₹170. How many rupees of the budget are left?
  26. 26.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  27. 27.Tara has a budget of ₹600. The stock costs ₹290 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  28. 28.True or false: “card paper” is a running cost. (a) True (b) False
  29. 29.Which of these is a one-time cost? (a) sugar (b) a cloth banner (c) card paper (d) lemons
  30. 30.Arjun has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  31. 31.Which of these is a running cost? (a) a cash box (b) a cloth banner (c) a cooler box (d) ice
  32. 32.Ananya has ₹50 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Ananya can buy?
  33. 33.True or false: “sugar” is a running cost. (a) False (b) True
  34. 34.🔍 Which is the odd one out? (a) card paper (b) lemons (c) tea leaves and milk (d) a folding table
  35. 35.Which of these is a running cost? (a) a cooler box (b) card paper (c) a juicer (d) a price board
  36. 36.Kabir’s stall budget is ₹260. Pots cost ₹210, a price board cost ₹20 and napkins cost ₹20. How many rupees of the budget are left?
  37. 37.Ishaan’s stall budget is ₹640. A price board cost ₹40, sugar cost ₹200 and a banner cost ₹290. How many rupees of the budget are left?
  38. 38.True or false: “a juicer” is a one-time cost. (a) False (b) True
  39. 39.Gurpreet’s stall budget is ₹420. Lemons cost ₹170, seeds cost ₹20 and a banner cost ₹140. How many rupees of the budget are left?
  40. 40.Which of these is a running cost? (a) a cooler box (b) lemons (c) a cash box (d) a folding table

Answer key

  1. a cash box
  2. True
  3. a running cost
  4. False
  5. False
  6. a cooler box
  7. a cloth banner
  8. a price board
  9. 502
  10. a one-time cost
  11. False
  12. tea leaves and milk
  13. 78
  14. Yes
  15. Yes
  16. 50
  17. No
  18. a price board
  19. 120
  20. Yes
  21. a one-time cost
  22. paper cups
  23. False
  24. 70
  25. 130
  26. True
  27. Yes
  28. True
  29. a cloth banner
  30. Yes
  31. ice
  32. 8
  33. True
  34. a folding table
  35. card paper
  36. 10
  37. 110
  38. True
  39. 90
  40. lemons

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