← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 937 · 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.Which of these is a one-time cost? (a) tea leaves and milk (b) a cooler box (c) lemons (d) seeds and soil
  2. 2.🔍 Which is the odd one out? (a) paper cups (b) a cooler box (c) a juicer (d) a price board
  3. 3.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  4. 4.Gurpreet has a budget of ₹500. The stock costs ₹50 and the stall fee is ₹430. Is the budget enough? (a) Yes (b) No
  5. 5.Tara’s stall budget is ₹410. Seeds cost ₹60, ribbon cost ₹120 and a banner cost ₹100. How many rupees of the budget are left?
  6. 6.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  7. 7.Which of these is a one-time cost? (a) a price board (b) tea leaves and milk (c) sugar (d) lemons
  8. 8.Farhan’s stall budget is ₹520. Lemons cost ₹300, a banner cost ₹40 and paper cups cost ₹120. How many rupees of the budget are left?
  9. 9.Rohan plans to make 23 fruit cups. Each needs ₹3 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  10. 10.🔍 Which is the odd one out? (a) a price board (b) card paper (c) a juicer (d) a folding table
  11. 11.Zoya has ₹140 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Zoya can buy?
  12. 12.Dev plans to make 22 handmade cards. Each needs ₹6 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  13. 13.Diya has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹130. Is the budget enough? (a) Yes (b) No
  14. 14.Kavya has ₹440 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Kavya can buy?
  15. 15.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  16. 16.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  17. 17.📒 One-time cost or running cost: seeds and soil? (a) a running cost (b) a one-time cost
  18. 18.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  19. 19.Diya plans to make 13 jute bags. Each needs ₹2 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  20. 20.Farhan plans to make 10 paper bookmarks. Each needs ₹9 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  21. 21.🔍 Which is the odd one out? (a) card paper (b) ice (c) lemons (d) a juicer
  22. 22.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  23. 23.Ananya plans to make 18 painted pebbles. Each needs ₹6 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  24. 24.🔍 Which is the odd one out? (a) seeds and soil (b) ice (c) a price board (d) card paper
  25. 25.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  26. 26.Ishaan plans to make 14 handmade cards. Each needs ₹4 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  27. 27.Which of these is a running cost? (a) a folding table (b) a price board (c) seeds and soil (d) a cloth banner
  28. 28.Diya has ₹350 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Diya can buy?
  29. 29.True or false: “a cash box” is a one-time cost. (a) True (b) False
  30. 30.Which of these is a one-time cost? (a) a folding table (b) paper cups (c) seeds and soil (d) lemons
  31. 31.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  32. 32.Which of these is a running cost? (a) a price board (b) a cash box (c) lemons (d) a cloth banner
  33. 33.Rohan has ₹130 to spend on lemons. One lemon costs ₹6. What is the greatest number of lemons Rohan can buy?
  34. 34.Aarav has a budget of ₹800. The stock costs ₹130 and the stall fee is ₹690. Is the budget enough? (a) No (b) Yes
  35. 35.Saanvi’s stall budget is ₹490. Card paper cost ₹150, sugar cost ₹150 and a banner cost ₹90. How many rupees of the budget are left?
  36. 36.Arjun plans to make 32 cupcakes. Each needs ₹8 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  37. 37.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
  38. 38.🔍 Which is the odd one out? (a) seeds and soil (b) ice (c) a folding table (d) card paper
  39. 39.Riya has ₹440 to spend on packs of cups. One pack of cups costs ₹15. What is the greatest number of packs of cups Riya can buy?
  40. 40.Kavya’s stall budget is ₹540. Seeds cost ₹290, paper cups cost ₹50 and lemons cost ₹70. How many rupees of the budget are left?

Answer key

  1. a cooler box
  2. paper cups
  3. a one-time cost
  4. Yes
  5. 130
  6. False
  7. a price board
  8. 60
  9. 239
  10. card paper
  11. 28
  12. 262
  13. Yes
  14. 88
  15. True
  16. a running cost
  17. a running cost
  18. a running cost
  19. 326
  20. 300
  21. a juicer
  22. a running cost
  23. 318
  24. a price board
  25. a one-time cost
  26. 266
  27. seeds and soil
  28. 23
  29. True
  30. a folding table
  31. a running cost
  32. lemons
  33. 21
  34. No
  35. 100
  36. 336
  37. a one-time cost
  38. a folding table
  39. 29
  40. 130

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