← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 93 · 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: “paper cups” is a one-time cost. (a) True (b) False
  2. 2.Dev’s stall budget is ₹780. Ribbon cost ₹300, pots cost ₹60 and a price board cost ₹140. How many rupees of the budget are left?
  3. 3.Kavya has ₹140 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Kavya can buy?
  4. 4.Nisha has ₹460 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Nisha can buy?
  5. 5.Joseph has ₹470 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Joseph can buy?
  6. 6.Riya’s stall budget is ₹710. A banner cost ₹300, paper cups cost ₹80 and pots cost ₹40. How many rupees of the budget are left?
  7. 7.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  8. 8.Which of these is a one-time cost? (a) ice (b) lemons (c) seeds and soil (d) a cloth banner
  9. 9.🔍 Which is the odd one out? (a) paper cups (b) a price board (c) a juicer (d) a cash box
  10. 10.True or false: “a cash box” is a running cost. (a) False (b) True
  11. 11.🔍 Which is the odd one out? (a) tea leaves and milk (b) seeds and soil (c) lemons (d) a cash box
  12. 12.Gurpreet’s stall budget is ₹580. A price board cost ₹40, paper cups cost ₹300 and card paper cost ₹70. How many rupees of the budget are left?
  13. 13.True or false: “a cloth banner” is a running cost. (a) True (b) False
  14. 14.True or false: “card paper” is a running cost. (a) False (b) True
  15. 15.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a cooler box (d) lemons
  16. 16.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  17. 17.Which of these is a one-time cost? (a) a price board (b) ice (c) sugar (d) tea leaves and milk
  18. 18.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
  19. 19.Tara has a budget of ₹300. The stock costs ₹120 and the stall fee is ₹220. Is the budget enough? (a) Yes (b) No
  20. 20.🔍 Which is the odd one out? (a) a cooler box (b) a price board (c) a cash box (d) ice
  21. 21.Which of these is a running cost? (a) a folding table (b) tea leaves and milk (c) a cloth banner (d) a juicer
  22. 22.True or false: “ice” is a one-time cost. (a) True (b) False
  23. 23.🔍 Which is the odd one out? (a) a folding table (b) paper cups (c) ice (d) card paper
  24. 24.Meera plans to make 38 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  25. 25.Riya’s stall budget is ₹830. Paper cups cost ₹260, a banner cost ₹160 and ribbon cost ₹300. How many rupees of the budget are left?
  26. 26.True or false: “sugar” is a running cost. (a) False (b) True
  27. 27.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  28. 28.Which of these is a one-time cost? (a) card paper (b) a folding table (c) sugar (d) paper cups
  29. 29.Ishaan’s stall budget is ₹510. Ribbon cost ₹90, a banner cost ₹290 and sugar cost ₹120. How many rupees of the budget are left?
  30. 30.Joseph has ₹110 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Joseph can buy?
  31. 31.Which of these is a running cost? (a) a price board (b) a cash box (c) a folding table (d) sugar
  32. 32.Ananya plans to make 18 cups of lemonade. Each needs ₹5 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  33. 33.Dev plans to make 26 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  34. 34.Tara plans to make 48 bags of popcorn. Each needs ₹8 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
  35. 35.Rohan’s stall budget is ₹830. Paper cups cost ₹90, ribbon cost ₹250 and lemons cost ₹260. How many rupees of the budget are left?
  36. 36.Ananya has a budget of ₹300. The stock costs ₹60 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  37. 37.Farhan’s stall budget is ₹800. Ribbon cost ₹260, a banner cost ₹100 and seeds cost ₹290. How many rupees of the budget are left?
  38. 38.Nisha has a budget of ₹700. The stock costs ₹90 and the stall fee is ₹570. Is the budget enough? (a) No (b) Yes
  39. 39.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  40. 40.Lakshmi has a budget of ₹1000. The stock costs ₹410 and the stall fee is ₹630. Is the budget enough? (a) Yes (b) No

Answer key

  1. False
  2. 280
  3. 7
  4. 23
  5. 117
  6. 290
  7. a one-time cost
  8. a cloth banner
  9. paper cups
  10. False
  11. a cash box
  12. 170
  13. False
  14. True
  15. lemons
  16. a one-time cost
  17. a price board
  18. a one-time cost
  19. No
  20. ice
  21. tea leaves and milk
  22. False
  23. a folding table
  24. 382
  25. 110
  26. True
  27. False
  28. a folding table
  29. 10
  30. 18
  31. sugar
  32. 320
  33. 298
  34. 524
  35. 230
  36. Yes
  37. 150
  38. Yes
  39. a one-time cost
  40. No

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