← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 80 · 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 of these is a one-time cost? (a) lemons (b) card paper (c) sugar (d) a juicer
  2. 2.Zoya’s stall budget is ₹840. Pots cost ₹280, sugar cost ₹270 and lemons cost ₹240. How many rupees of the budget are left?
  3. 3.Which of these is a running cost? (a) paper cups (b) a cooler box (c) a juicer (d) a cloth banner
  4. 4.🔍 Which is the odd one out? (a) a cooler box (b) lemons (c) ice (d) seeds and soil
  5. 5.True or false: “a folding table” is a one-time cost. (a) False (b) True
  6. 6.Zoya’s stall budget is ₹310. Sugar cost ₹70, lemons cost ₹130 and card paper cost ₹40. How many rupees of the budget are left?
  7. 7.True or false: “a cash box” is a running cost. (a) True (b) False
  8. 8.🔍 Which is the odd one out? (a) lemons (b) ice (c) paper cups (d) a juicer
  9. 9.True or false: “lemons” is a one-time cost. (a) False (b) True
  10. 10.🔍 Which is the odd one out? (a) lemons (b) a price board (c) seeds and soil (d) ice
  11. 11.Farhan has ₹480 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Farhan can buy?
  12. 12.True or false: “a cooler box” is a running cost. (a) False (b) True
  13. 13.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  14. 14.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  15. 15.Which of these is a one-time cost? (a) a folding table (b) ice (c) paper cups (d) sugar
  16. 16.🔍 Which is the odd one out? (a) lemons (b) seeds and soil (c) a cash box (d) paper cups
  17. 17.Zoya plans to make 47 handmade cards. Each needs ₹8 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  18. 18.Kabir has a budget of ₹1000. The stock costs ₹430 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  19. 19.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  20. 20.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) paper cups (d) a cash box
  21. 21.Meera has a budget of ₹900. The stock costs ₹420 and the stall fee is ₹490. Is the budget enough? (a) No (b) Yes
  22. 22.🔍 Which is the odd one out? (a) paper cups (b) card paper (c) lemons (d) a folding table
  23. 23.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  24. 24.Diya has a budget of ₹400. The stock costs ₹90 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  25. 25.Riya’s stall budget is ₹450. Ribbon cost ₹200, a banner cost ₹50 and card paper cost ₹40. How many rupees of the budget are left?
  26. 26.Zoya’s stall budget is ₹390. Lemons cost ₹60, ribbon cost ₹60 and napkins cost ₹230. How many rupees of the budget are left?
  27. 27.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  28. 28.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) a juicer (d) tea leaves and milk
  29. 29.Which of these is a running cost? (a) a price board (b) a folding table (c) lemons (d) a cloth banner
  30. 30.True or false: “card paper” is a one-time cost. (a) False (b) True
  31. 31.Which of these is a running cost? (a) a folding table (b) a juicer (c) a cloth banner (d) card paper
  32. 32.Kabir has ₹350 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Kabir can buy?
  33. 33.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  34. 34.Rohan’s stall budget is ₹650. Lemons cost ₹160, a banner cost ₹30 and ribbon cost ₹190. How many rupees of the budget are left?
  35. 35.Gurpreet plans to make 37 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  36. 36.Gurpreet has a budget of ₹900. The stock costs ₹350 and the stall fee is ₹500. Is the budget enough? (a) No (b) Yes
  37. 37.Riya plans to make 30 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  38. 38.True or false: “a folding table” is a running cost. (a) True (b) False
  39. 39.Meera’s stall budget is ₹790. Lemons cost ₹240, paper cups cost ₹90 and napkins cost ₹240. How many rupees of the budget are left?
  40. 40.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost

Answer key

  1. a juicer
  2. 50
  3. paper cups
  4. a cooler box
  5. True
  6. 70
  7. False
  8. a juicer
  9. False
  10. a price board
  11. 32
  12. False
  13. False
  14. a running cost
  15. a folding table
  16. a cash box
  17. 666
  18. No
  19. a running cost
  20. paper cups
  21. No
  22. a folding table
  23. a one-time cost
  24. No
  25. 160
  26. 40
  27. False
  28. tea leaves and milk
  29. lemons
  30. False
  31. card paper
  32. 23
  33. True
  34. 270
  35. 344
  36. Yes
  37. 540
  38. False
  39. 220
  40. a one-time cost

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