← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 925 · 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.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  2. 2.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  3. 3.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  4. 4.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  5. 5.True or false: “a juicer” is a one-time cost. (a) True (b) False
  6. 6.Rohan’s stall budget is ₹290. Sugar cost ₹90, a price board cost ₹30 and seeds cost ₹60. How many rupees of the budget are left?
  7. 7.Nisha’s stall budget is ₹680. Lemons cost ₹140, paper cups cost ₹170 and sugar cost ₹130. How many rupees of the budget are left?
  8. 8.Farhan has a budget of ₹300. The stock costs ₹50 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  9. 9.🔍 Which is the odd one out? (a) sugar (b) card paper (c) lemons (d) a cash box
  10. 10.Ananya plans to make 39 jute bags. Each needs ₹4 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  11. 11.Tara has a budget of ₹500. The stock costs ₹160 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  12. 12.Tara plans to make 17 potted plants. Each needs ₹3 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  13. 13.Kabir has ₹200 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Kabir can buy?
  14. 14.🔍 Which is the odd one out? (a) a folding table (b) ice (c) a juicer (d) a cash box
  15. 15.Saanvi has ₹70 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Saanvi can buy?
  16. 16.Diya has a budget of ₹900. The stock costs ₹150 and the stall fee is ₹800. Is the budget enough? (a) No (b) Yes
  17. 17.Which of these is a running cost? (a) a cooler box (b) a price board (c) a folding table (d) card paper
  18. 18.Which of these is a running cost? (a) paper cups (b) a cloth banner (c) a folding table (d) a juicer
  19. 19.Which of these is a running cost? (a) a price board (b) lemons (c) a cash box (d) a folding table
  20. 20.Aarav’s stall budget is ₹420. A banner cost ₹60, a price board cost ₹90 and sugar cost ₹70. How many rupees of the budget are left?
  21. 21.True or false: “a cooler box” is a running cost. (a) True (b) False
  22. 22.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  23. 23.Rohan has a budget of ₹700. The stock costs ₹280 and the stall fee is ₹380. Is the budget enough? (a) No (b) Yes
  24. 24.Saanvi has a budget of ₹700. The stock costs ₹250 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  25. 25.Ishaan has ₹230 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Ishaan can buy?
  26. 26.Which of these is a one-time cost? (a) tea leaves and milk (b) seeds and soil (c) paper cups (d) a folding table
  27. 27.Rohan has a budget of ₹800. The stock costs ₹270 and the stall fee is ₹560. Is the budget enough? (a) Yes (b) No
  28. 28.Ananya plans to make 38 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  29. 29.Diya has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  30. 30.Farhan’s stall budget is ₹850. A price board cost ₹120, card paper cost ₹270 and seeds cost ₹300. How many rupees of the budget are left?
  31. 31.Gurpreet plans to make 41 paper bookmarks. Each needs ₹10 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  32. 32.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  33. 33.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  34. 34.True or false: “a cash box” is a running cost. (a) True (b) False
  35. 35.🔍 Which is the odd one out? (a) tea leaves and milk (b) a cooler box (c) ice (d) seeds and soil
  36. 36.True or false: “seeds and soil” is a running cost. (a) True (b) False
  37. 37.Ishaan has ₹310 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Ishaan can buy?
  38. 38.Riya has a budget of ₹900. The stock costs ₹120 and the stall fee is ₹760. Is the budget enough? (a) Yes (b) No
  39. 39.Gurpreet has ₹60 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Gurpreet can buy?
  40. 40.True or false: “seeds and soil” is a one-time cost. (a) False (b) True

Answer key

  1. a one-time cost
  2. a running cost
  3. a one-time cost
  4. a running cost
  5. True
  6. 110
  7. 240
  8. Yes
  9. a cash box
  10. 326
  11. Yes
  12. 291
  13. 25
  14. ice
  15. 14
  16. No
  17. card paper
  18. paper cups
  19. lemons
  20. 200
  21. False
  22. a running cost
  23. Yes
  24. Yes
  25. 46
  26. a folding table
  27. No
  28. 246
  29. No
  30. 160
  31. 680
  32. a one-time cost
  33. a one-time cost
  34. False
  35. a cooler box
  36. True
  37. 15
  38. Yes
  39. 4
  40. False

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