← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 802 · 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) sugar (b) tea leaves and milk (c) a juicer (d) lemons
  2. 2.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  3. 3.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  4. 4.Meera’s stall budget is ₹800. Lemons cost ₹240, a banner cost ₹250 and napkins cost ₹290. How many rupees of the budget are left?
  5. 5.Which of these is a one-time cost? (a) tea leaves and milk (b) card paper (c) lemons (d) a folding table
  6. 6.Aarav’s stall budget is ₹610. Napkins cost ₹250, lemons cost ₹120 and paper cups cost ₹90. How many rupees of the budget are left?
  7. 7.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  8. 8.Which of these is a running cost? (a) a cooler box (b) a folding table (c) paper cups (d) a juicer
  9. 9.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  10. 10.Vihaan’s stall budget is ₹760. Card paper cost ₹170, sugar cost ₹300 and a price board cost ₹60. How many rupees of the budget are left?
  11. 11.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) sugar (d) a juicer
  12. 12.🔍 Which is the odd one out? (a) card paper (b) a cash box (c) a cloth banner (d) a cooler box
  13. 13.Which of these is a one-time cost? (a) card paper (b) seeds and soil (c) sugar (d) a cash box
  14. 14.Aarav plans to make 49 clay diyas. Each needs ₹6 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  15. 15.Which of these is a running cost? (a) seeds and soil (b) a cash box (c) a juicer (d) a price board
  16. 16.Tara plans to make 42 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  17. 17.Kavya has a budget of ₹1000. The stock costs ₹470 and the stall fee is ₹560. Is the budget enough? (a) No (b) Yes
  18. 18.🔍 Which is the odd one out? (a) a folding table (b) ice (c) a cloth banner (d) a cooler box
  19. 19.Joseph plans to make 14 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  20. 20.Farhan plans to make 37 jute bags. Each needs ₹2 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  21. 21.Vihaan’s stall budget is ₹650. Pots cost ₹150, card paper cost ₹280 and lemons cost ₹140. How many rupees of the budget are left?
  22. 22.🔍 Which is the odd one out? (a) lemons (b) a price board (c) ice (d) seeds and soil
  23. 23.True or false: “a cloth banner” is a running cost. (a) False (b) True
  24. 24.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  25. 25.Vihaan has ₹380 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Vihaan can buy?
  26. 26.Meera has ₹210 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Meera can buy?
  27. 27.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  28. 28.Kabir has a budget of ₹500. The stock costs ₹200 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  29. 29.Lakshmi has a budget of ₹600. The stock costs ₹110 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  30. 30.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  31. 31.True or false: “ice” is a running cost. (a) True (b) False
  32. 32.Saanvi’s stall budget is ₹620. Ribbon cost ₹80, seeds cost ₹170 and card paper cost ₹270. How many rupees of the budget are left?
  33. 33.Which of these is a one-time cost? (a) paper cups (b) sugar (c) lemons (d) a cloth banner
  34. 34.Gurpreet’s stall budget is ₹590. Ribbon cost ₹200, lemons cost ₹150 and card paper cost ₹170. How many rupees of the budget are left?
  35. 35.Farhan’s stall budget is ₹630. Card paper cost ₹150, a banner cost ₹140 and napkins cost ₹130. How many rupees of the budget are left?
  36. 36.Tara has ₹70 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Tara can buy?
  37. 37.🔍 Which is the odd one out? (a) paper cups (b) seeds and soil (c) a cooler box (d) ice
  38. 38.Lakshmi has ₹280 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Lakshmi can buy?
  39. 39.Riya plans to make 41 glasses of chai. Each needs ₹5 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  40. 40.True or false: “ice” is a one-time cost. (a) False (b) True

Answer key

  1. a juicer
  2. a running cost
  3. a running cost
  4. 20
  5. a folding table
  6. 150
  7. a running cost
  8. paper cups
  9. a one-time cost
  10. 230
  11. a juicer
  12. card paper
  13. a cash box
  14. 584
  15. seeds and soil
  16. 286
  17. No
  18. ice
  19. 178
  20. 124
  21. 80
  22. a price board
  23. False
  24. a one-time cost
  25. 76
  26. 26
  27. a running cost
  28. No
  29. Yes
  30. True
  31. True
  32. 100
  33. a cloth banner
  34. 70
  35. 210
  36. 8
  37. a cooler box
  38. 28
  39. 295
  40. False

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