← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 85 · 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.Which of these is a running cost? (a) a cloth banner (b) a juicer (c) ice (d) a folding table
  2. 2.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  3. 3.Lakshmi has a budget of ₹500. The stock costs ₹250 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
  4. 4.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  5. 5.🔍 Which is the odd one out? (a) seeds and soil (b) a cash box (c) tea leaves and milk (d) lemons
  6. 6.🔍 Which is the odd one out? (a) a cloth banner (b) a juicer (c) a cash box (d) ice
  7. 7.🔍 Which is the odd one out? (a) a cooler box (b) seeds and soil (c) a cash box (d) a juicer
  8. 8.Ananya’s stall budget is ₹800. A price board cost ₹190, card paper cost ₹90 and pots cost ₹250. How many rupees of the budget are left?
  9. 9.Dev’s stall budget is ₹520. Sugar cost ₹60, card paper cost ₹100 and lemons cost ₹70. How many rupees of the budget are left?
  10. 10.Dev has ₹190 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Dev can buy?
  11. 11.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  12. 12.True or false: “card paper” is a running cost. (a) True (b) False
  13. 13.Tara has a budget of ₹600. The stock costs ₹180 and the stall fee is ₹370. Is the budget enough? (a) No (b) Yes
  14. 14.True or false: “paper cups” is a one-time cost. (a) True (b) False
  15. 15.🔍 Which is the odd one out? (a) paper cups (b) a price board (c) a folding table (d) a cash box
  16. 16.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  17. 17.True or false: “ice” is a running cost. (a) False (b) True
  18. 18.Kabir plans to make 49 clay diyas. Each needs ₹10 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  19. 19.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  20. 20.Farhan plans to make 18 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  21. 21.True or false: “a folding table” is a one-time cost. (a) False (b) True
  22. 22.Which of these is a one-time cost? (a) tea leaves and milk (b) a cash box (c) seeds and soil (d) lemons
  23. 23.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) card paper (d) a folding table
  24. 24.Zoya’s stall budget is ₹280. Lemons cost ₹170, napkins cost ₹40 and a banner cost ₹30. How many rupees of the budget are left?
  25. 25.True or false: “a cooler box” is a running cost. (a) True (b) False
  26. 26.Which of these is a running cost? (a) a cooler box (b) a cash box (c) a cloth banner (d) card paper
  27. 27.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  28. 28.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) card paper (d) a cloth banner
  29. 29.Diya’s stall budget is ₹560. Ribbon cost ₹280, pots cost ₹80 and lemons cost ₹100. How many rupees of the budget are left?
  30. 30.Joseph has ₹330 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Joseph can buy?
  31. 31.Zoya plans to make 42 paper bookmarks. Each needs ₹6 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  32. 32.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a cooler box (d) lemons
  33. 33.Aarav’s stall budget is ₹820. Paper cups cost ₹230, card paper cost ₹240 and a price board cost ₹150. How many rupees of the budget are left?
  34. 34.Riya’s stall budget is ₹370. Paper cups cost ₹140, lemons cost ₹50 and sugar cost ₹70. How many rupees of the budget are left?
  35. 35.Diya’s stall budget is ₹360. Paper cups cost ₹20, lemons cost ₹20 and ribbon cost ₹70. How many rupees of the budget are left?
  36. 36.Meera has ₹80 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Meera can buy?
  37. 37.Ananya’s stall budget is ₹920. A banner cost ₹210, ribbon cost ₹220 and napkins cost ₹250. How many rupees of the budget are left?
  38. 38.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) card paper (d) a folding table
  39. 39.Riya’s stall budget is ₹620. Seeds cost ₹170, card paper cost ₹140 and paper cups cost ₹210. How many rupees of the budget are left?
  40. 40.Zoya’s stall budget is ₹630. Lemons cost ₹250, seeds cost ₹110 and ribbon cost ₹120. How many rupees of the budget are left?

Answer key

  1. ice
  2. a one-time cost
  3. No
  4. a running cost
  5. a cash box
  6. ice
  7. seeds and soil
  8. 270
  9. 290
  10. 47
  11. a one-time cost
  12. True
  13. Yes
  14. False
  15. paper cups
  16. a one-time cost
  17. True
  18. 720
  19. True
  20. 338
  21. True
  22. a cash box
  23. a folding table
  24. 40
  25. False
  26. card paper
  27. a running cost
  28. card paper
  29. 100
  30. 22
  31. 542
  32. a cooler box
  33. 200
  34. 110
  35. 250
  36. 20
  37. 240
  38. a folding table
  39. 100
  40. 150

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