← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 818 · 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.Zoya has a budget of ₹800. The stock costs ₹60 and the stall fee is ₹710. Is the budget enough? (a) No (b) Yes
  2. 2.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  3. 3.Which of these is a one-time cost? (a) a cash box (b) sugar (c) seeds and soil (d) tea leaves and milk
  4. 4.Joseph has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹200. Is the budget enough? (a) Yes (b) No
  5. 5.Dev has ₹380 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Dev can buy?
  6. 6.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  7. 7.🔍 Which is the odd one out? (a) sugar (b) seeds and soil (c) ice (d) a folding table
  8. 8.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  9. 9.Which of these is a one-time cost? (a) sugar (b) lemons (c) paper cups (d) a cloth banner
  10. 10.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) paper cups (d) a price board
  11. 11.Aarav has ₹60 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Aarav can buy?
  12. 12.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  13. 13.Kavya’s stall budget is ₹630. Pots cost ₹80, lemons cost ₹280 and ribbon cost ₹60. How many rupees of the budget are left?
  14. 14.True or false: “lemons” is a one-time cost. (a) True (b) False
  15. 15.Tara has ₹290 to spend on lemons. One lemon costs ₹12. What is the greatest number of lemons Tara can buy?
  16. 16.Which of these is a one-time cost? (a) a folding table (b) lemons (c) card paper (d) tea leaves and milk
  17. 17.🔍 Which is the odd one out? (a) ice (b) a cash box (c) a cooler box (d) a cloth banner
  18. 18.Zoya has a budget of ₹400. The stock costs ₹130 and the stall fee is ₹290. Is the budget enough? (a) No (b) Yes
  19. 19.True or false: “a price board” is a running cost. (a) False (b) True
  20. 20.🔍 Which is the odd one out? (a) a folding table (b) seeds and soil (c) a cooler box (d) a juicer
  21. 21.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  22. 22.Which of these is a running cost? (a) a cooler box (b) a price board (c) a cash box (d) card paper
  23. 23.True or false: “sugar” is a running cost. (a) False (b) True
  24. 24.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) card paper (d) a juicer
  25. 25.Which of these is a running cost? (a) a cloth banner (b) a cash box (c) a juicer (d) paper cups
  26. 26.Kabir’s stall budget is ₹410. Lemons cost ₹170, paper cups cost ₹40 and sugar cost ₹60. How many rupees of the budget are left?
  27. 27.True or false: “paper cups” is a running cost. (a) True (b) False
  28. 28.Nisha’s stall budget is ₹510. Napkins cost ₹50, card paper cost ₹230 and lemons cost ₹190. How many rupees of the budget are left?
  29. 29.Riya’s stall budget is ₹630. Lemons cost ₹260, sugar cost ₹80 and ribbon cost ₹250. How many rupees of the budget are left?
  30. 30.Which of these is a running cost? (a) a price board (b) a juicer (c) a cooler box (d) seeds and soil
  31. 31.True or false: “card paper” is a running cost. (a) False (b) True
  32. 32.Kavya’s stall budget is ₹340. Card paper cost ₹100, a banner cost ₹140 and napkins cost ₹90. How many rupees of the budget are left?
  33. 33.Lakshmi has ₹50 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Lakshmi can buy?
  34. 34.Riya plans to make 45 potted plants. Each needs ₹7 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  35. 35.Diya plans to make 10 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  36. 36.Farhan’s stall budget is ₹560. Card paper cost ₹280, a price board cost ₹120 and ribbon cost ₹140. How many rupees of the budget are left?
  37. 37.Rohan plans to make 28 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  38. 38.True or false: “a folding table” is a one-time cost. (a) False (b) True
  39. 39.Saanvi’s stall budget is ₹680. Seeds cost ₹170, paper cups cost ₹220 and lemons cost ₹240. How many rupees of the budget are left?
  40. 40.Which of these is a one-time cost? (a) a cooler box (b) lemons (c) seeds and soil (d) card paper

Answer key

  1. Yes
  2. a one-time cost
  3. a cash box
  4. Yes
  5. 31
  6. a running cost
  7. a folding table
  8. False
  9. a cloth banner
  10. paper cups
  11. 6
  12. a running cost
  13. 210
  14. False
  15. 24
  16. a folding table
  17. ice
  18. No
  19. False
  20. seeds and soil
  21. a one-time cost
  22. card paper
  23. True
  24. card paper
  25. paper cups
  26. 140
  27. True
  28. 40
  29. 40
  30. seeds and soil
  31. True
  32. 10
  33. 2
  34. 525
  35. 230
  36. 20
  37. 344
  38. True
  39. 50
  40. a cooler box

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