← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 828 · 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.Saanvi plans to make 10 fruit cups. Each needs ₹5 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  2. 2.Riya plans to make 39 paper bookmarks. Each needs ₹5 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  3. 3.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  4. 4.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  5. 5.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a folding table (d) ice
  6. 6.Diya has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹170. Is the budget enough? (a) No (b) Yes
  7. 7.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  8. 8.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  9. 9.True or false: “a juicer” is a one-time cost. (a) False (b) True
  10. 10.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  11. 11.🔍 Which is the odd one out? (a) ice (b) tea leaves and milk (c) lemons (d) a price board
  12. 12.Kavya’s stall budget is ₹500. Pots cost ₹50, paper cups cost ₹230 and napkins cost ₹160. How many rupees of the budget are left?
  13. 13.True or false: “sugar” is a running cost. (a) True (b) False
  14. 14.Joseph has a budget of ₹700. The stock costs ₹100 and the stall fee is ₹650. Is the budget enough? (a) Yes (b) No
  15. 15.True or false: “a price board” is a one-time cost. (a) True (b) False
  16. 16.🔍 Which is the odd one out? (a) a juicer (b) paper cups (c) a folding table (d) a cooler box
  17. 17.Ananya has ₹130 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Ananya can buy?
  18. 18.Lakshmi’s stall budget is ₹580. A banner cost ₹80, napkins cost ₹20 and card paper cost ₹240. How many rupees of the budget are left?
  19. 19.Saanvi has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  20. 20.Which of these is a running cost? (a) lemons (b) a folding table (c) a cooler box (d) a cash box
  21. 21.Which of these is a running cost? (a) a cooler box (b) ice (c) a price board (d) a folding table
  22. 22.Kabir’s stall budget is ₹870. Card paper cost ₹300, ribbon cost ₹200 and seeds cost ₹250. How many rupees of the budget are left?
  23. 23.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  24. 24.Ishaan has ₹310 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Ishaan can buy?
  25. 25.🔍 Which is the odd one out? (a) a cloth banner (b) sugar (c) a folding table (d) a cooler box
  26. 26.Meera has ₹350 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Meera can buy?
  27. 27.Riya has ₹160 to spend on sheets of card paper. One sheet of card paper costs ₹6. What is the greatest number of sheets of card paper Riya can buy?
  28. 28.Zoya plans to make 43 handmade cards. Each needs ₹2 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  29. 29.🔍 Which is the odd one out? (a) ice (b) seeds and soil (c) lemons (d) a folding table
  30. 30.Rohan has ₹120 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Rohan can buy?
  31. 31.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  32. 32.Nisha has a budget of ₹600. The stock costs ₹100 and the stall fee is ₹510. Is the budget enough? (a) Yes (b) No
  33. 33.Nisha’s stall budget is ₹580. Pots cost ₹210, a banner cost ₹60 and seeds cost ₹230. How many rupees of the budget are left?
  34. 34.🔍 Which is the odd one out? (a) a price board (b) tea leaves and milk (c) a folding table (d) a cooler box
  35. 35.Lakshmi has a budget of ₹400. The stock costs ₹170 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
  36. 36.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  37. 37.Vihaan has a budget of ₹1000. The stock costs ₹480 and the stall fee is ₹570. Is the budget enough? (a) Yes (b) No
  38. 38.Aarav has ₹180 to spend on lemons. One lemon costs ₹10. What is the greatest number of lemons Aarav can buy?
  39. 39.Tara’s stall budget is ₹670. Card paper cost ₹200, lemons cost ₹210 and sugar cost ₹30. How many rupees of the budget are left?
  40. 40.True or false: “card paper” is a one-time cost. (a) True (b) False

Answer key

  1. 190
  2. 455
  3. True
  4. a one-time cost
  5. ice
  6. Yes
  7. a one-time cost
  8. a running cost
  9. True
  10. a one-time cost
  11. a price board
  12. 60
  13. True
  14. No
  15. True
  16. paper cups
  17. 32
  18. 240
  19. Yes
  20. lemons
  21. ice
  22. 120
  23. a running cost
  24. 51
  25. sugar
  26. 43
  27. 26
  28. 266
  29. a folding table
  30. 30
  31. a running cost
  32. No
  33. 80
  34. tea leaves and milk
  35. Yes
  36. a running cost
  37. No
  38. 18
  39. 230
  40. False

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