Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 787 · 40 questions

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.

1. 1.True or false: “a cash box” is a one-time cost. (a) True (b) False
2. 2.Lakshmi’s stall budget is ₹440. Sugar cost ₹90, paper cups cost ₹60 and lemons cost ₹160. How many rupees of the budget are left?
3. 3.Which of these is a one-time cost? (a) lemons (b) card paper (c) a cash box (d) paper cups
4. 4.Which of these is a running cost? (a) a cash box (b) sugar (c) a cloth banner (d) a folding table
5. 5.Zoya plans to make 13 painted pebbles. Each needs ₹10 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
6. 6.True or false: “paper cups” is a one-time cost. (a) True (b) False
7. 7.🔍 Which is the odd one out? (a) sugar (b) seeds and soil (c) a cloth banner (d) ice
8. 8.Zoya has ₹460 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Zoya can buy?
9. 9.Which of these is a one-time cost? (a) paper cups (b) lemons (c) sugar (d) a juicer
10. 10.Tara plans to make 19 painted pebbles. Each needs ₹6 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
11. 11.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
12. 12.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
13. 13.Meera plans to make 46 fruit cups. Each needs ₹3 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
14. 14.Ananya has a budget of ₹600. The stock costs ₹210 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
15. 15.🔍 Which is the odd one out? (a) a cooler box (b) paper cups (c) a cash box (d) a cloth banner
16. 16.True or false: “paper cups” is a running cost. (a) False (b) True
17. 17.Nisha plans to make 18 handmade cards. Each needs ₹10 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
18. 18.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
19. 19.Lakshmi plans to make 27 clay diyas. Each needs ₹4 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
20. 20.Ishaan has ₹70 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Ishaan can buy?
21. 21.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
22. 22.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
23. 23.🔍 Which is the odd one out? (a) a cloth banner (b) a cooler box (c) a juicer (d) tea leaves and milk
24. 24.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) card paper (d) ice
25. 25.Kavya has a budget of ₹600. The stock costs ₹260 and the stall fee is ₹390. Is the budget enough? (a) No (b) Yes
26. 26.Which of these is a running cost? (a) card paper (b) a cooler box (c) a cash box (d) a folding table
27. 27.Which of these is a running cost? (a) paper cups (b) a cloth banner (c) a price board (d) a folding table
28. 28.Lakshmi has a budget of ₹900. The stock costs ₹420 and the stall fee is ₹450. Is the budget enough? (a) Yes (b) No
29. 29.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
30. 30.Rohan has a budget of ₹900. The stock costs ₹200 and the stall fee is ₹680. Is the budget enough? (a) No (b) Yes
31. 31.True or false: “seeds and soil” is a running cost. (a) False (b) True
32. 32.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
33. 33.Ananya plans to make 30 cups of lemonade. Each needs ₹9 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
34. 34.True or false: “sugar” is a running cost. (a) False (b) True
35. 35.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
36. 36.🔍 Which is the odd one out? (a) sugar (b) a juicer (c) a cloth banner (d) a folding table
37. 37.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
38. 38.Gurpreet plans to make 46 handmade cards. Each needs ₹2 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
39. 39.True or false: “a cloth banner” is a running cost. (a) False (b) True
40. 40.True or false: “lemons” is a one-time cost. (a) False (b) True

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