← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 859 · 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.Riya plans to make 24 jute bags. Each needs ₹4 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  2. 2.True or false: “a folding table” is a running cost. (a) True (b) False
  3. 3.🔍 Which is the odd one out? (a) tea leaves and milk (b) a price board (c) seeds and soil (d) ice
  4. 4.Which of these is a running cost? (a) a price board (b) a cash box (c) a folding table (d) tea leaves and milk
  5. 5.Which of these is a one-time cost? (a) lemons (b) ice (c) a juicer (d) paper cups
  6. 6.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) a cloth banner (d) sugar
  7. 7.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  8. 8.Which of these is a one-time cost? (a) lemons (b) paper cups (c) ice (d) a cash box
  9. 9.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  10. 10.Nisha has ₹450 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Nisha can buy?
  11. 11.Kavya has ₹310 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Kavya can buy?
  12. 12.Farhan’s stall budget is ₹770. A price board cost ₹280, paper cups cost ₹200 and ribbon cost ₹280. How many rupees of the budget are left?
  13. 13.True or false: “a cooler box” is a running cost. (a) True (b) False
  14. 14.Which of these is a one-time cost? (a) paper cups (b) card paper (c) a folding table (d) ice
  15. 15.Arjun has a budget of ₹1000. The stock costs ₹360 and the stall fee is ₹630. Is the budget enough? (a) Yes (b) No
  16. 16.Gurpreet plans to make 11 fruit cups. Each needs ₹9 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  17. 17.Zoya has ₹220 to spend on rolls of ribbon. One roll of ribbon costs ₹4. What is the greatest number of rolls of ribbon Zoya can buy?
  18. 18.Lakshmi’s stall budget is ₹210. Seeds cost ₹30, paper cups cost ₹50 and ribbon cost ₹80. How many rupees of the budget are left?
  19. 19.🔍 Which is the odd one out? (a) seeds and soil (b) lemons (c) a juicer (d) ice
  20. 20.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  21. 21.Saanvi plans to make 49 cupcakes. Each needs ₹7 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  22. 22.🔍 Which is the odd one out? (a) a cooler box (b) a juicer (c) a cash box (d) seeds and soil
  23. 23.Riya plans to make 44 jute bags. Each needs ₹4 of materials, and a banner costs ₹110 once. What total budget is needed (in ₹)?
  24. 24.Diya has a budget of ₹1000. The stock costs ₹470 and the stall fee is ₹530. Is the budget enough? (a) Yes (b) No
  25. 25.Gurpreet plans to make 43 paper bookmarks. Each needs ₹4 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  26. 26.True or false: “ice” is a one-time cost. (a) False (b) True
  27. 27.Ananya has a budget of ₹1000. The stock costs ₹330 and the stall fee is ₹670. Is the budget enough? (a) Yes (b) No
  28. 28.Gurpreet has a budget of ₹900. The stock costs ₹300 and the stall fee is ₹560. Is the budget enough? (a) No (b) Yes
  29. 29.Ananya has a budget of ₹500. The stock costs ₹140 and the stall fee is ₹360. Is the budget enough? (a) No (b) Yes
  30. 30.🔍 Which is the odd one out? (a) a juicer (b) a cash box (c) a cloth banner (d) lemons
  31. 31.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  32. 32.Joseph’s stall budget is ₹430. Lemons cost ₹110, seeds cost ₹20 and ribbon cost ₹60. How many rupees of the budget are left?
  33. 33.True or false: “a price board” is a one-time cost. (a) True (b) False
  34. 34.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a cash box (d) paper cups
  35. 35.True or false: “a juicer” is a running cost. (a) False (b) True
  36. 36.Which of these is a one-time cost? (a) sugar (b) ice (c) card paper (d) a cooler box
  37. 37.True or false: “a folding table” is a one-time cost. (a) True (b) False
  38. 38.Zoya has a budget of ₹400. The stock costs ₹100 and the stall fee is ₹270. Is the budget enough? (a) No (b) Yes
  39. 39.True or false: “a cash box” is a one-time cost. (a) True (b) False
  40. 40.Kavya plans to make 33 potted plants. Each needs ₹5 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?

Answer key

  1. 156
  2. False
  3. a price board
  4. tea leaves and milk
  5. a juicer
  6. a cloth banner
  7. a running cost
  8. a cash box
  9. False
  10. 112
  11. 77
  12. 10
  13. False
  14. a folding table
  15. Yes
  16. 349
  17. 55
  18. 50
  19. a juicer
  20. a one-time cost
  21. 393
  22. seeds and soil
  23. 286
  24. Yes
  25. 442
  26. False
  27. Yes
  28. Yes
  29. Yes
  30. lemons
  31. a one-time cost
  32. 240
  33. True
  34. paper cups
  35. False
  36. a cooler box
  37. True
  38. Yes
  39. True
  40. 375

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