← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 782 · 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.Tara’s stall budget is ₹840. Lemons cost ₹210, sugar cost ₹130 and seeds cost ₹220. How many rupees of the budget are left?
  2. 2.True or false: “a folding table” is a running cost. (a) False (b) True
  3. 3.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  4. 4.Which of these is a running cost? (a) a juicer (b) seeds and soil (c) a cloth banner (d) a folding table
  5. 5.Tara has a budget of ₹700. The stock costs ₹100 and the stall fee is ₹640. Is the budget enough? (a) No (b) Yes
  6. 6.Ishaan has ₹130 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Ishaan can buy?
  7. 7.Zoya’s stall budget is ₹450. Sugar cost ₹220, a banner cost ₹80 and paper cups cost ₹120. How many rupees of the budget are left?
  8. 8.Which of these is a running cost? (a) a folding table (b) ice (c) a price board (d) a cooler box
  9. 9.Ananya plans to make 33 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  10. 10.🔍 Which is the odd one out? (a) tea leaves and milk (b) a juicer (c) a folding table (d) a cooler box
  11. 11.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) a cooler box (d) sugar
  12. 12.Diya plans to make 14 cupcakes. Each needs ₹2 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  13. 13.True or false: “a juicer” is a one-time cost. (a) True (b) False
  14. 14.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) ice (d) a cloth banner
  15. 15.Which of these is a one-time cost? (a) a folding table (b) lemons (c) seeds and soil (d) tea leaves and milk
  16. 16.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  17. 17.True or false: “a juicer” is a running cost. (a) True (b) False
  18. 18.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  19. 19.Kabir has a budget of ₹700. The stock costs ₹110 and the stall fee is ₹560. Is the budget enough? (a) Yes (b) No
  20. 20.Kabir’s stall budget is ₹460. Card paper cost ₹20, napkins cost ₹90 and seeds cost ₹110. How many rupees of the budget are left?
  21. 21.🔍 Which is the odd one out? (a) ice (b) paper cups (c) a juicer (d) lemons
  22. 22.Ananya plans to make 33 friendship bands. Each needs ₹7 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  23. 23.True or false: “a price board” is a running cost. (a) False (b) True
  24. 24.🔍 Which is the odd one out? (a) tea leaves and milk (b) a folding table (c) lemons (d) ice
  25. 25.True or false: “a cash box” is a one-time cost. (a) True (b) False
  26. 26.True or false: “card paper” is a running cost. (a) False (b) True
  27. 27.Nisha plans to make 13 handmade cards. Each needs ₹5 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  28. 28.Kabir has a budget of ₹900. The stock costs ₹110 and the stall fee is ₹840. Is the budget enough? (a) Yes (b) No
  29. 29.Gurpreet’s stall budget is ₹510. Lemons cost ₹100, a banner cost ₹160 and card paper cost ₹60. How many rupees of the budget are left?
  30. 30.Which of these is a running cost? (a) a cash box (b) a price board (c) a cooler box (d) lemons
  31. 31.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  32. 32.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) a cloth banner (d) ice
  33. 33.Meera’s stall budget is ₹500. Card paper cost ₹40, a banner cost ₹100 and a price board cost ₹90. How many rupees of the budget are left?
  34. 34.Arjun has ₹360 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Arjun can buy?
  35. 35.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  36. 36.Vihaan has ₹80 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Vihaan can buy?
  37. 37.Riya’s stall budget is ₹640. Card paper cost ₹60, lemons cost ₹270 and seeds cost ₹230. How many rupees of the budget are left?
  38. 38.Joseph’s stall budget is ₹850. Seeds cost ₹270, sugar cost ₹260 and napkins cost ₹60. How many rupees of the budget are left?
  39. 39.Which of these is a one-time cost? (a) paper cups (b) lemons (c) seeds and soil (d) a cash box
  40. 40.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost

Answer key

  1. 280
  2. False
  3. a running cost
  4. seeds and soil
  5. No
  6. 8
  7. 30
  8. ice
  9. 468
  10. tea leaves and milk
  11. a cooler box
  12. 258
  13. True
  14. a cloth banner
  15. a folding table
  16. a one-time cost
  17. False
  18. a running cost
  19. Yes
  20. 240
  21. a juicer
  22. 441
  23. False
  24. a folding table
  25. True
  26. True
  27. 145
  28. No
  29. 190
  30. lemons
  31. a one-time cost
  32. ice
  33. 270
  34. 72
  35. a one-time cost
  36. 20
  37. 80
  38. 260
  39. a cash box
  40. a one-time cost

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