← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 825 · 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.True or false: “sugar” is a one-time cost. (a) False (b) True
  2. 2.Tara’s stall budget is ₹490. Paper cups cost ₹170, a price board cost ₹160 and card paper cost ₹70. How many rupees of the budget are left?
  3. 3.Arjun has ₹490 to spend on rolls of ribbon. One roll of ribbon costs ₹10. What is the greatest number of rolls of ribbon Arjun can buy?
  4. 4.True or false: “a juicer” is a running cost. (a) False (b) True
  5. 5.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  6. 6.Dev plans to make 21 jute bags. Each needs ₹7 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  7. 7.🔍 Which is the odd one out? (a) lemons (b) sugar (c) a cash box (d) tea leaves and milk
  8. 8.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a folding table (d) card paper
  9. 9.Diya’s stall budget is ₹460. Napkins cost ₹170, lemons cost ₹70 and card paper cost ₹40. How many rupees of the budget are left?
  10. 10.🔍 Which is the odd one out? (a) a price board (b) sugar (c) tea leaves and milk (d) card paper
  11. 11.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) a folding table (d) sugar
  12. 12.Rohan plans to make 41 painted pebbles. Each needs ₹3 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  13. 13.Zoya’s stall budget is ₹940. Seeds cost ₹290, a price board cost ₹300 and card paper cost ₹180. How many rupees of the budget are left?
  14. 14.Nisha plans to make 11 handmade cards. Each needs ₹8 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  15. 15.Which of these is a one-time cost? (a) a cloth banner (b) paper cups (c) tea leaves and milk (d) seeds and soil
  16. 16.Tara plans to make 29 clay diyas. Each needs ₹2 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  17. 17.Vihaan’s stall budget is ₹660. Sugar cost ₹210, napkins cost ₹130 and lemons cost ₹40. How many rupees of the budget are left?
  18. 18.Rohan has ₹480 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Rohan can buy?
  19. 19.Diya plans to make 40 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  20. 20.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  21. 21.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  22. 22.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) a juicer (d) sugar
  23. 23.Which of these is a running cost? (a) a juicer (b) a folding table (c) a cloth banner (d) seeds and soil
  24. 24.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a price board (d) ice
  25. 25.Which of these is a running cost? (a) a cooler box (b) lemons (c) a cloth banner (d) a folding table
  26. 26.True or false: “seeds and soil” is a running cost. (a) False (b) True
  27. 27.Tara has a budget of ₹700. The stock costs ₹220 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  28. 28.Rohan has ₹190 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Rohan can buy?
  29. 29.Gurpreet plans to make 25 jute bags. Each needs ₹10 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  30. 30.Which of these is a one-time cost? (a) a cash box (b) lemons (c) seeds and soil (d) tea leaves and milk
  31. 31.Kavya has ₹450 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Kavya can buy?
  32. 32.Riya has a budget of ₹900. The stock costs ₹410 and the stall fee is ₹480. Is the budget enough? (a) Yes (b) No
  33. 33.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  34. 34.Which of these is a running cost? (a) a juicer (b) tea leaves and milk (c) a cloth banner (d) a cash box
  35. 35.Zoya’s stall budget is ₹390. Napkins cost ₹70, a price board cost ₹260 and seeds cost ₹50. How many rupees of the budget are left?
  36. 36.Which of these is a one-time cost? (a) ice (b) paper cups (c) a price board (d) card paper
  37. 37.🔍 Which is the odd one out? (a) paper cups (b) a folding table (c) a cooler box (d) a cloth banner
  38. 38.📒 One-time cost or running cost: a cash box? (a) a one-time cost (b) a running cost
  39. 39.Rohan has ₹240 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Rohan can buy?
  40. 40.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a cloth banner (d) lemons

Answer key

  1. False
  2. 90
  3. 49
  4. False
  5. a running cost
  6. 197
  7. a cash box
  8. card paper
  9. 180
  10. a price board
  11. a folding table
  12. 323
  13. 170
  14. 268
  15. a cloth banner
  16. 308
  17. 280
  18. 80
  19. 530
  20. a one-time cost
  21. a running cost
  22. a juicer
  23. seeds and soil
  24. ice
  25. lemons
  26. True
  27. Yes
  28. 23
  29. 410
  30. a cash box
  31. 90
  32. Yes
  33. a one-time cost
  34. tea leaves and milk
  35. 10
  36. a price board
  37. paper cups
  38. a one-time cost
  39. 30
  40. lemons

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