← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 88 · 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.True or false: “a juicer” is a one-time cost. (a) False (b) True
  2. 2.Kabir plans to make 49 cups of lemonade. Each needs ₹7 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  3. 3.Rohan plans to make 50 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  4. 4.Meera’s stall budget is ₹700. Ribbon cost ₹130, a banner cost ₹240 and lemons cost ₹290. How many rupees of the budget are left?
  5. 5.Which of these is a one-time cost? (a) a price board (b) lemons (c) ice (d) seeds and soil
  6. 6.Ananya has ₹490 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Ananya can buy?
  7. 7.Tara plans to make 43 clay diyas. Each needs ₹8 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  8. 8.Rohan’s stall budget is ₹470. Lemons cost ₹300, napkins cost ₹60 and pots cost ₹20. How many rupees of the budget are left?
  9. 9.🔍 Which is the odd one out? (a) paper cups (b) a price board (c) a juicer (d) a cloth banner
  10. 10.Meera’s stall budget is ₹780. Ribbon cost ₹190, napkins cost ₹300 and a banner cost ₹230. How many rupees of the budget are left?
  11. 11.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  12. 12.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) lemons (d) a cooler box
  13. 13.Lakshmi has a budget of ₹600. The stock costs ₹130 and the stall fee is ₹510. Is the budget enough? (a) Yes (b) No
  14. 14.Farhan has ₹400 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Farhan can buy?
  15. 15.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) tea leaves and milk (d) a cooler box
  16. 16.Lakshmi has ₹90 to spend on rolls of ribbon. One roll of ribbon costs ₹20. What is the greatest number of rolls of ribbon Lakshmi can buy?
  17. 17.Joseph’s stall budget is ₹600. A price board cost ₹170, a banner cost ₹70 and napkins cost ₹140. How many rupees of the budget are left?
  18. 18.🔍 Which is the odd one out? (a) paper cups (b) lemons (c) ice (d) a juicer
  19. 19.Ishaan has ₹470 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Ishaan can buy?
  20. 20.Which of these is a running cost? (a) sugar (b) a juicer (c) a folding table (d) a cooler box
  21. 21.True or false: “sugar” is a one-time cost. (a) True (b) False
  22. 22.Saanvi has a budget of ₹800. The stock costs ₹310 and the stall fee is ₹510. Is the budget enough? (a) Yes (b) No
  23. 23.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  24. 24.Which of these is a one-time cost? (a) seeds and soil (b) a cloth banner (c) tea leaves and milk (d) paper cups
  25. 25.🔍 Which is the odd one out? (a) sugar (b) a cash box (c) a folding table (d) a price board
  26. 26.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  27. 27.True or false: “a cash box” is a one-time cost. (a) True (b) False
  28. 28.Kabir’s stall budget is ₹630. Seeds cost ₹270, lemons cost ₹170 and pots cost ₹50. How many rupees of the budget are left?
  29. 29.Gurpreet’s stall budget is ₹740. Card paper cost ₹290, sugar cost ₹90 and lemons cost ₹280. How many rupees of the budget are left?
  30. 30.Which of these is a one-time cost? (a) ice (b) tea leaves and milk (c) lemons (d) a folding table
  31. 31.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  32. 32.Kavya has a budget of ₹700. The stock costs ₹70 and the stall fee is ₹680. Is the budget enough? (a) No (b) Yes
  33. 33.Riya’s stall budget is ₹530. Sugar cost ₹180, pots cost ₹50 and lemons cost ₹190. How many rupees of the budget are left?
  34. 34.🔍 Which is the odd one out? (a) lemons (b) sugar (c) paper cups (d) a price board
  35. 35.Kavya’s stall budget is ₹930. A price board cost ₹220, pots cost ₹290 and seeds cost ₹240. How many rupees of the budget are left?
  36. 36.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  37. 37.Arjun has ₹60 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Arjun can buy?
  38. 38.Vihaan has ₹60 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Vihaan can buy?
  39. 39.Ananya has ₹80 to spend on packets of seeds. One packet of seeds costs ₹4. What is the greatest number of packets of seeds Ananya can buy?
  40. 40.True or false: “a juicer” is a running cost. (a) True (b) False

Answer key

  1. True
  2. 553
  3. 370
  4. 40
  5. a price board
  6. 81
  7. 624
  8. 90
  9. paper cups
  10. 60
  11. a running cost
  12. a cooler box
  13. No
  14. 100
  15. tea leaves and milk
  16. 4
  17. 220
  18. a juicer
  19. 94
  20. sugar
  21. False
  22. No
  23. a running cost
  24. a cloth banner
  25. sugar
  26. a running cost
  27. True
  28. 140
  29. 80
  30. a folding table
  31. a one-time cost
  32. No
  33. 110
  34. a price board
  35. 180
  36. a one-time cost
  37. 15
  38. 5
  39. 20
  40. False

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