← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 854 · 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 plans to make 47 handmade cards. Each needs ₹8 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
  2. 2.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  3. 3.True or false: “a price board” is a running cost. (a) False (b) True
  4. 4.Lakshmi has a budget of ₹800. The stock costs ₹240 and the stall fee is ₹510. Is the budget enough? (a) Yes (b) No
  5. 5.Tara plans to make 20 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  6. 6.Ananya has ₹130 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Ananya can buy?
  7. 7.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) paper cups (d) a price board
  8. 8.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  9. 9.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  10. 10.Joseph has a budget of ₹400. The stock costs ₹50 and the stall fee is ₹370. Is the budget enough? (a) Yes (b) No
  11. 11.True or false: “a cooler box” is a running cost. (a) False (b) True
  12. 12.Saanvi plans to make 36 fruit cups. Each needs ₹2 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  13. 13.True or false: “a juicer” is a running cost. (a) True (b) False
  14. 14.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  15. 15.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  16. 16.True or false: “a folding table” is a running cost. (a) True (b) False
  17. 17.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) a folding table (d) tea leaves and milk
  18. 18.Ishaan has ₹310 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Ishaan can buy?
  19. 19.Which of these is a running cost? (a) a folding table (b) a price board (c) tea leaves and milk (d) a cooler box
  20. 20.Aarav has a budget of ₹300. The stock costs ₹110 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  21. 21.True or false: “sugar” is a one-time cost. (a) True (b) False
  22. 22.Which of these is a one-time cost? (a) a cloth banner (b) sugar (c) lemons (d) ice
  23. 23.Which of these is a running cost? (a) ice (b) a cash box (c) a cooler box (d) a juicer
  24. 24.Which of these is a running cost? (a) a juicer (b) a cash box (c) card paper (d) a cooler box
  25. 25.Which of these is a one-time cost? (a) ice (b) paper cups (c) sugar (d) a price board
  26. 26.🔍 Which is the odd one out? (a) a cooler box (b) card paper (c) lemons (d) seeds and soil
  27. 27.True or false: “a cloth banner” is a one-time cost. (a) False (b) True
  28. 28.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) sugar (d) a cloth banner
  29. 29.True or false: “a folding table” is a one-time cost. (a) False (b) True
  30. 30.🔍 Which is the odd one out? (a) ice (b) tea leaves and milk (c) lemons (d) a cloth banner
  31. 31.Rohan’s stall budget is ₹610. Lemons cost ₹190, paper cups cost ₹40 and a price board cost ₹280. How many rupees of the budget are left?
  32. 32.Zoya plans to make 48 painted pebbles. Each needs ₹7 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  33. 33.True or false: “a cloth banner” is a running cost. (a) True (b) False
  34. 34.Ishaan’s stall budget is ₹770. A price board cost ₹260, a banner cost ₹230 and lemons cost ₹50. How many rupees of the budget are left?
  35. 35.Rohan has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  36. 36.Saanvi has ₹370 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Saanvi can buy?
  37. 37.Riya has ₹270 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Riya can buy?
  38. 38.Diya has ₹440 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Diya can buy?
  39. 39.Arjun plans to make 35 friendship bands. Each needs ₹3 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  40. 40.🔍 Which is the odd one out? (a) a cash box (b) a folding table (c) seeds and soil (d) a juicer

Answer key

  1. 476
  2. a one-time cost
  3. False
  4. Yes
  5. 270
  6. 8
  7. paper cups
  8. a one-time cost
  9. a running cost
  10. No
  11. False
  12. 372
  13. False
  14. False
  15. True
  16. False
  17. tea leaves and milk
  18. 77
  19. tea leaves and milk
  20. No
  21. False
  22. a cloth banner
  23. ice
  24. card paper
  25. a price board
  26. a cooler box
  27. True
  28. sugar
  29. True
  30. a cloth banner
  31. 100
  32. 416
  33. False
  34. 230
  35. No
  36. 46
  37. 13
  38. 88
  39. 355
  40. seeds and soil

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