← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 838 · 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.Joseph has ₹490 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Joseph can buy?
  2. 2.Meera’s stall budget is ₹680. Seeds cost ₹140, sugar cost ₹180 and a banner cost ₹260. How many rupees of the budget are left?
  3. 3.Which of these is a running cost? (a) a folding table (b) a juicer (c) card paper (d) a price board
  4. 4.True or false: “seeds and soil” is a running cost. (a) False (b) True
  5. 5.Kabir has ₹430 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Kabir can buy?
  6. 6.🔍 Which is the odd one out? (a) card paper (b) a juicer (c) a folding table (d) a cash box
  7. 7.Zoya plans to make 45 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  8. 8.Which of these is a running cost? (a) a juicer (b) a folding table (c) paper cups (d) a cash box
  9. 9.🔍 Which is the odd one out? (a) a juicer (b) a cloth banner (c) seeds and soil (d) a cash box
  10. 10.🔍 Which is the odd one out? (a) a juicer (b) a price board (c) a cash box (d) tea leaves and milk
  11. 11.Lakshmi has ₹200 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Lakshmi can buy?
  12. 12.True or false: “card paper” is a one-time cost. (a) True (b) False
  13. 13.Ishaan has ₹70 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Ishaan can buy?
  14. 14.True or false: “paper cups” is a one-time cost. (a) True (b) False
  15. 15.True or false: “a cloth banner” is a running cost. (a) True (b) False
  16. 16.🔍 Which is the odd one out? (a) a folding table (b) a cash box (c) paper cups (d) a price board
  17. 17.Farhan plans to make 20 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  18. 18.Aarav’s stall budget is ₹920. A price board cost ₹270, a banner cost ₹300 and napkins cost ₹170. How many rupees of the budget are left?
  19. 19.Which of these is a one-time cost? (a) a cash box (b) ice (c) sugar (d) card paper
  20. 20.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) lemons (d) a cooler box
  21. 21.Arjun has ₹490 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Arjun can buy?
  22. 22.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  23. 23.Diya plans to make 50 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  24. 24.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  25. 25.True or false: “a cash box” is a one-time cost. (a) False (b) True
  26. 26.True or false: “paper cups” is a running cost. (a) False (b) True
  27. 27.Aarav has ₹340 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Aarav can buy?
  28. 28.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  29. 29.True or false: “a juicer” is a one-time cost. (a) False (b) True
  30. 30.Gurpreet has a budget of ₹400. The stock costs ₹80 and the stall fee is ₹280. Is the budget enough? (a) Yes (b) No
  31. 31.True or false: “ice” is a one-time cost. (a) False (b) True
  32. 32.Which of these is a one-time cost? (a) ice (b) paper cups (c) a juicer (d) lemons
  33. 33.True or false: “a price board” is a running cost. (a) True (b) False
  34. 34.Joseph has a budget of ₹500. The stock costs ₹100 and the stall fee is ₹350. Is the budget enough? (a) Yes (b) No
  35. 35.Tara has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  36. 36.Rohan plans to make 50 potted plants. Each needs ₹8 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  37. 37.Which of these is a running cost? (a) a price board (b) a cloth banner (c) a cooler box (d) tea leaves and milk
  38. 38.Which of these is a one-time cost? (a) card paper (b) ice (c) sugar (d) a cloth banner
  39. 39.Which of these is a one-time cost? (a) a folding table (b) tea leaves and milk (c) card paper (d) seeds and soil
  40. 40.🔍 Which is the odd one out? (a) a cloth banner (b) ice (c) lemons (d) seeds and soil

Answer key

  1. 49
  2. 100
  3. card paper
  4. True
  5. 53
  6. card paper
  7. 320
  8. paper cups
  9. seeds and soil
  10. tea leaves and milk
  11. 40
  12. False
  13. 4
  14. False
  15. False
  16. paper cups
  17. 200
  18. 180
  19. a cash box
  20. a cooler box
  21. 122
  22. a one-time cost
  23. 650
  24. a running cost
  25. True
  26. True
  27. 68
  28. True
  29. True
  30. Yes
  31. False
  32. a juicer
  33. False
  34. Yes
  35. No
  36. 610
  37. tea leaves and milk
  38. a cloth banner
  39. a folding table
  40. a cloth banner

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