← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 836 · 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.Vihaan has a budget of ₹800. The stock costs ₹240 and the stall fee is ₹510. Is the budget enough? (a) No (b) Yes
  2. 2.True or false: “ice” is a one-time cost. (a) False (b) True
  3. 3.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  4. 4.🔍 Which is the odd one out? (a) a cooler box (b) lemons (c) a price board (d) a folding table
  5. 5.🔍 Which is the odd one out? (a) a price board (b) sugar (c) a folding table (d) a cooler box
  6. 6.Which of these is a one-time cost? (a) a cloth banner (b) paper cups (c) sugar (d) card paper
  7. 7.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) a cooler box (d) ice
  8. 8.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  9. 9.Which of these is a one-time cost? (a) lemons (b) a folding table (c) card paper (d) ice
  10. 10.Arjun has a budget of ₹700. The stock costs ₹180 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  11. 11.True or false: “a folding table” is a one-time cost. (a) False (b) True
  12. 12.Which of these is a one-time cost? (a) paper cups (b) a cash box (c) lemons (d) seeds and soil
  13. 13.Which of these is a running cost? (a) a cooler box (b) lemons (c) a folding table (d) a juicer
  14. 14.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  15. 15.Diya’s stall budget is ₹640. Ribbon cost ₹150, card paper cost ₹170 and a banner cost ₹40. How many rupees of the budget are left?
  16. 16.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  17. 17.Zoya has ₹410 to spend on packs of cups. One pack of cups costs ₹5. What is the greatest number of packs of cups Zoya can buy?
  18. 18.Which of these is a one-time cost? (a) sugar (b) seeds and soil (c) card paper (d) a cooler box
  19. 19.Saanvi has a budget of ₹800. The stock costs ₹120 and the stall fee is ₹720. Is the budget enough? (a) Yes (b) No
  20. 20.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  21. 21.🔍 Which is the odd one out? (a) sugar (b) ice (c) tea leaves and milk (d) a cash box
  22. 22.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) a juicer (d) a cash box
  23. 23.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  24. 24.Gurpreet has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹450. Is the budget enough? (a) No (b) Yes
  25. 25.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  26. 26.True or false: “a folding table” is a running cost. (a) False (b) True
  27. 27.Vihaan has ₹110 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Vihaan can buy?
  28. 28.Ananya has ₹240 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Ananya can buy?
  29. 29.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  30. 30.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  31. 31.Vihaan’s stall budget is ₹810. A banner cost ₹260, ribbon cost ₹250 and napkins cost ₹130. How many rupees of the budget are left?
  32. 32.Which of these is a running cost? (a) a cooler box (b) a cloth banner (c) a folding table (d) ice
  33. 33.Ishaan has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹200. Is the budget enough? (a) No (b) Yes
  34. 34.True or false: “card paper” is a one-time cost. (a) True (b) False
  35. 35.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  36. 36.Vihaan has ₹60 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Vihaan can buy?
  37. 37.Which of these is a one-time cost? (a) ice (b) paper cups (c) tea leaves and milk (d) a price board
  38. 38.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  39. 39.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  40. 40.Kavya has ₹390 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Kavya can buy?

Answer key

  1. Yes
  2. False
  3. a one-time cost
  4. lemons
  5. sugar
  6. a cloth banner
  7. ice
  8. a running cost
  9. a folding table
  10. No
  11. True
  12. a cash box
  13. lemons
  14. a running cost
  15. 280
  16. False
  17. 82
  18. a cooler box
  19. No
  20. True
  21. a cash box
  22. seeds and soil
  23. a one-time cost
  24. No
  25. a one-time cost
  26. False
  27. 5
  28. 30
  29. a one-time cost
  30. a running cost
  31. 170
  32. ice
  33. No
  34. False
  35. a running cost
  36. 4
  37. a price board
  38. False
  39. a running cost
  40. 97

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