← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 947 · 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: lemons? (a) a one-time cost (b) a running cost
  2. 2.Which of these is a running cost? (a) a folding table (b) tea leaves and milk (c) a juicer (d) a price board
  3. 3.Diya’s stall budget is ₹850. Sugar cost ₹190, card paper cost ₹170 and paper cups cost ₹230. How many rupees of the budget are left?
  4. 4.🔍 Which is the odd one out? (a) ice (b) a cash box (c) lemons (d) tea leaves and milk
  5. 5.Vihaan has ₹310 to spend on packets of seeds. One packet of seeds costs ₹12. What is the greatest number of packets of seeds Vihaan can buy?
  6. 6.📒 One-time cost or running cost: paper cups? (a) a one-time cost (b) a running cost
  7. 7.Riya plans to make 47 cupcakes. Each needs ₹10 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  8. 8.Kavya has ₹220 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Kavya can buy?
  9. 9.Diya has ₹230 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Diya can buy?
  10. 10.Nisha’s stall budget is ₹750. Pots cost ₹110, a price board cost ₹240 and card paper cost ₹230. How many rupees of the budget are left?
  11. 11.Lakshmi plans to make 44 painted pebbles. Each needs ₹9 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  12. 12.Which of these is a one-time cost? (a) ice (b) a price board (c) sugar (d) lemons
  13. 13.Kavya’s stall budget is ₹660. Sugar cost ₹250, lemons cost ₹100 and pots cost ₹190. How many rupees of the budget are left?
  14. 14.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  15. 15.Kabir has a budget of ₹400. The stock costs ₹160 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  16. 16.Kavya has ₹400 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Kavya can buy?
  17. 17.Ananya’s stall budget is ₹780. Sugar cost ₹150, card paper cost ₹290 and ribbon cost ₹150. How many rupees of the budget are left?
  18. 18.Arjun has a budget of ₹400. The stock costs ₹180 and the stall fee is ₹210. Is the budget enough? (a) Yes (b) No
  19. 19.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  20. 20.Which of these is a running cost? (a) a cash box (b) card paper (c) a juicer (d) a cooler box
  21. 21.Tara has a budget of ₹1000. The stock costs ₹90 and the stall fee is ₹920. Is the budget enough? (a) No (b) Yes
  22. 22.Zoya has ₹110 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Zoya can buy?
  23. 23.Which of these is a one-time cost? (a) lemons (b) card paper (c) a cloth banner (d) tea leaves and milk
  24. 24.True or false: “ice” is a running cost. (a) False (b) True
  25. 25.Ishaan plans to make 26 bags of popcorn. Each needs ₹7 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  26. 26.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) a folding table (d) tea leaves and milk
  27. 27.Kabir has ₹210 to spend on packets of seeds. One packet of seeds costs ₹10. What is the greatest number of packets of seeds Kabir can buy?
  28. 28.🔍 Which is the odd one out? (a) sugar (b) paper cups (c) seeds and soil (d) a folding table
  29. 29.True or false: “sugar” is a one-time cost. (a) True (b) False
  30. 30.True or false: “a price board” is a one-time cost. (a) False (b) True
  31. 31.Rohan has a budget of ₹800. The stock costs ₹390 and the stall fee is ₹370. Is the budget enough? (a) Yes (b) No
  32. 32.Ananya plans to make 47 painted pebbles. Each needs ₹5 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  33. 33.Gurpreet has a budget of ₹900. The stock costs ₹260 and the stall fee is ₹620. Is the budget enough? (a) Yes (b) No
  34. 34.Aarav plans to make 32 painted pebbles. Each needs ₹10 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  35. 35.True or false: “seeds and soil” is a running cost. (a) False (b) True
  36. 36.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  37. 37.True or false: “a cash box” is a running cost. (a) False (b) True
  38. 38.Which of these is a running cost? (a) a folding table (b) sugar (c) a cash box (d) a price board
  39. 39.🔍 Which is the odd one out? (a) seeds and soil (b) tea leaves and milk (c) a price board (d) sugar
  40. 40.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost

Answer key

  1. a running cost
  2. tea leaves and milk
  3. 260
  4. a cash box
  5. 25
  6. a running cost
  7. 740
  8. 11
  9. 28
  10. 170
  11. 566
  12. a price board
  13. 120
  14. a one-time cost
  15. Yes
  16. 80
  17. 190
  18. Yes
  19. a running cost
  20. card paper
  21. No
  22. 18
  23. a cloth banner
  24. True
  25. 482
  26. tea leaves and milk
  27. 21
  28. a folding table
  29. False
  30. True
  31. Yes
  32. 435
  33. Yes
  34. 580
  35. True
  36. a running cost
  37. False
  38. sugar
  39. a price board
  40. a one-time cost

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