← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 950 · 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 running cost? (a) a price board (b) a cash box (c) paper cups (d) a cloth banner
  2. 2.📒 One-time cost or running cost: a cloth banner? (a) a one-time cost (b) a running cost
  3. 3.📒 One-time cost or running cost: tea leaves and milk? (a) a running cost (b) a one-time cost
  4. 4.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  5. 5.True or false: “a cash box” is a running cost. (a) True (b) False
  6. 6.Farhan has a budget of ₹400. The stock costs ₹190 and the stall fee is ₹210. Is the budget enough? (a) No (b) Yes
  7. 7.Ananya’s stall budget is ₹440. Card paper cost ₹50, napkins cost ₹20 and seeds cost ₹230. How many rupees of the budget are left?
  8. 8.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) a cooler box (d) card paper
  9. 9.🔍 Which is the odd one out? (a) a cash box (b) seeds and soil (c) lemons (d) paper cups
  10. 10.Which of these is a one-time cost? (a) paper cups (b) lemons (c) a juicer (d) tea leaves and milk
  11. 11.Joseph’s stall budget is ₹670. Sugar cost ₹250, seeds cost ₹280 and napkins cost ₹40. How many rupees of the budget are left?
  12. 12.Which of these is a one-time cost? (a) sugar (b) paper cups (c) lemons (d) a cooler box
  13. 13.True or false: “lemons” is a running cost. (a) False (b) True
  14. 14.Ishaan has ₹160 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Ishaan can buy?
  15. 15.Lakshmi plans to make 22 jute bags. Each needs ₹10 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  16. 16.Lakshmi plans to make 34 friendship bands. Each needs ₹5 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  17. 17.Which of these is a running cost? (a) tea leaves and milk (b) a cash box (c) a cooler box (d) a cloth banner
  18. 18.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) ice (d) a price board
  19. 19.Which of these is a running cost? (a) a cloth banner (b) a folding table (c) a price board (d) lemons
  20. 20.Aarav plans to make 38 cupcakes. Each needs ₹6 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  21. 21.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  22. 22.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) lemons (d) a cooler box
  23. 23.🔍 Which is the odd one out? (a) sugar (b) seeds and soil (c) card paper (d) a cloth banner
  24. 24.True or false: “a juicer” is a one-time cost. (a) False (b) True
  25. 25.True or false: “a cloth banner” is a running cost. (a) False (b) True
  26. 26.Which of these is a running cost? (a) a price board (b) a cloth banner (c) a folding table (d) card paper
  27. 27.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
  28. 28.Rohan’s stall budget is ₹390. Ribbon cost ₹120, sugar cost ₹50 and pots cost ₹60. How many rupees of the budget are left?
  29. 29.Nisha’s stall budget is ₹550. Seeds cost ₹190, a banner cost ₹130 and a price board cost ₹80. How many rupees of the budget are left?
  30. 30.Saanvi has a budget of ₹500. The stock costs ₹210 and the stall fee is ₹250. Is the budget enough? (a) No (b) Yes
  31. 31.Which of these is a one-time cost? (a) sugar (b) lemons (c) card paper (d) a folding table
  32. 32.Gurpreet has ₹280 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Gurpreet can buy?
  33. 33.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  34. 34.Aarav has ₹140 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Aarav can buy?
  35. 35.Farhan’s stall budget is ₹770. A banner cost ₹280, lemons cost ₹120 and sugar cost ₹250. How many rupees of the budget are left?
  36. 36.Nisha has ₹50 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Nisha can buy?
  37. 37.🔍 Which is the odd one out? (a) a price board (b) a cooler box (c) seeds and soil (d) a cash box
  38. 38.True or false: “a juicer” is a running cost. (a) True (b) False
  39. 39.Which of these is a running cost? (a) a price board (b) a cash box (c) ice (d) a folding table
  40. 40.Nisha’s stall budget is ₹570. Paper cups cost ₹40, sugar cost ₹130 and napkins cost ₹100. How many rupees of the budget are left?

Answer key

  1. paper cups
  2. a one-time cost
  3. a running cost
  4. a one-time cost
  5. False
  6. Yes
  7. 140
  8. card paper
  9. a cash box
  10. a juicer
  11. 100
  12. a cooler box
  13. True
  14. 32
  15. 290
  16. 390
  17. tea leaves and milk
  18. ice
  19. lemons
  20. 308
  21. False
  22. lemons
  23. a cloth banner
  24. True
  25. False
  26. card paper
  27. a running cost
  28. 160
  29. 150
  30. Yes
  31. a folding table
  32. 28
  33. a one-time cost
  34. 23
  35. 120
  36. 8
  37. seeds and soil
  38. False
  39. ice
  40. 300

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