← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 822 · 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 plans to make 50 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  2. 2.True or false: “lemons” is a running cost. (a) True (b) False
  3. 3.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  4. 4.Tara’s stall budget is ₹600. Ribbon cost ₹200, a price board cost ₹200 and paper cups cost ₹140. How many rupees of the budget are left?
  5. 5.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  6. 6.True or false: “a price board” is a running cost. (a) True (b) False
  7. 7.Rohan’s stall budget is ₹400. Napkins cost ₹20, ribbon cost ₹150 and paper cups cost ₹190. How many rupees of the budget are left?
  8. 8.Meera has a budget of ₹700. The stock costs ₹110 and the stall fee is ₹580. Is the budget enough? (a) Yes (b) No
  9. 9.Saanvi has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  10. 10.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) a juicer (d) card paper
  11. 11.Which of these is a running cost? (a) ice (b) a folding table (c) a cloth banner (d) a cash box
  12. 12.True or false: “seeds and soil” is a running cost. (a) False (b) True
  13. 13.Dev has ₹120 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Dev can buy?
  14. 14.🔍 Which is the odd one out? (a) paper cups (b) a cooler box (c) seeds and soil (d) sugar
  15. 15.🔍 Which is the odd one out? (a) lemons (b) a price board (c) a cooler box (d) a folding table
  16. 16.Aarav has ₹60 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Aarav can buy?
  17. 17.Which of these is a running cost? (a) a cooler box (b) a folding table (c) a juicer (d) sugar
  18. 18.Rohan has a budget of ₹600. The stock costs ₹50 and the stall fee is ₹550. Is the budget enough? (a) No (b) Yes
  19. 19.Dev has a budget of ₹800. The stock costs ₹280 and the stall fee is ₹490. Is the budget enough? (a) No (b) Yes
  20. 20.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  21. 21.Tara’s stall budget is ₹550. A banner cost ₹100, pots cost ₹20 and lemons cost ₹220. How many rupees of the budget are left?
  22. 22.🔍 Which is the odd one out? (a) a cash box (b) card paper (c) ice (d) seeds and soil
  23. 23.True or false: “card paper” is a running cost. (a) True (b) False
  24. 24.True or false: “paper cups” is a running cost. (a) False (b) True
  25. 25.Which of these is a running cost? (a) seeds and soil (b) a juicer (c) a folding table (d) a cloth banner
  26. 26.Which of these is a running cost? (a) a folding table (b) a juicer (c) lemons (d) a price board
  27. 27.Which of these is a running cost? (a) a cooler box (b) a juicer (c) tea leaves and milk (d) a price board
  28. 28.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  29. 29.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  30. 30.True or false: “sugar” is a running cost. (a) False (b) True
  31. 31.Kavya plans to make 40 jute bags. Each needs ₹5 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  32. 32.Saanvi plans to make 21 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  33. 33.Which of these is a one-time cost? (a) card paper (b) a cash box (c) lemons (d) seeds and soil
  34. 34.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  35. 35.True or false: “lemons” is a one-time cost. (a) False (b) True
  36. 36.🔍 Which is the odd one out? (a) a folding table (b) lemons (c) card paper (d) sugar
  37. 37.True or false: “a juicer” is a one-time cost. (a) True (b) False
  38. 38.Saanvi’s stall budget is ₹610. Card paper cost ₹120, sugar cost ₹160 and a price board cost ₹270. How many rupees of the budget are left?
  39. 39.Dev plans to make 13 potted plants. Each needs ₹10 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  40. 40.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) sugar (d) a cooler box

Answer key

  1. 340
  2. True
  3. a running cost
  4. 60
  5. a one-time cost
  6. False
  7. 40
  8. Yes
  9. Yes
  10. card paper
  11. ice
  12. True
  13. 6
  14. a cooler box
  15. lemons
  16. 10
  17. sugar
  18. Yes
  19. Yes
  20. a one-time cost
  21. 210
  22. a cash box
  23. True
  24. True
  25. seeds and soil
  26. lemons
  27. tea leaves and milk
  28. True
  29. a running cost
  30. True
  31. 310
  32. 102
  33. a cash box
  34. True
  35. False
  36. a folding table
  37. True
  38. 60
  39. 240
  40. sugar

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