← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 959 · 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: “a cloth banner” is a running cost. (a) False (b) True
  2. 2.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  3. 3.True or false: “lemons” is a running cost. (a) False (b) True
  4. 4.Riya’s stall budget is ₹710. A banner cost ₹180, paper cups cost ₹230 and sugar cost ₹230. How many rupees of the budget are left?
  5. 5.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  6. 6.True or false: “a folding table” is a one-time cost. (a) False (b) True
  7. 7.Ishaan has ₹160 to spend on packs of cups. One pack of cups costs ₹6. What is the greatest number of packs of cups Ishaan can buy?
  8. 8.Which of these is a one-time cost? (a) ice (b) a cash box (c) lemons (d) seeds and soil
  9. 9.True or false: “sugar” is a one-time cost. (a) True (b) False
  10. 10.Which of these is a one-time cost? (a) ice (b) a folding table (c) sugar (d) tea leaves and milk
  11. 11.True or false: “a cooler box” is a running cost. (a) False (b) True
  12. 12.Diya plans to make 16 bags of popcorn. Each needs ₹6 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  13. 13.True or false: “card paper” is a one-time cost. (a) False (b) True
  14. 14.Kabir plans to make 45 cupcakes. Each needs ₹5 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  15. 15.Dev plans to make 28 handmade cards. Each needs ₹4 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  16. 16.🔍 Which is the odd one out? (a) paper cups (b) a cash box (c) tea leaves and milk (d) ice
  17. 17.Lakshmi plans to make 23 jute bags. Each needs ₹10 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  18. 18.True or false: “a cash box” is a one-time cost. (a) True (b) False
  19. 19.Which of these is a running cost? (a) paper cups (b) a cloth banner (c) a cash box (d) a cooler box
  20. 20.Vihaan has ₹470 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Vihaan can buy?
  21. 21.True or false: “a price board” is a one-time cost. (a) False (b) True
  22. 22.Which of these is a running cost? (a) a cash box (b) sugar (c) a cloth banner (d) a folding table
  23. 23.True or false: “lemons” is a one-time cost. (a) True (b) False
  24. 24.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) sugar (d) a cooler box
  25. 25.Riya’s stall budget is ₹620. Card paper cost ₹100, napkins cost ₹280 and pots cost ₹100. How many rupees of the budget are left?
  26. 26.Farhan has ₹210 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Farhan can buy?
  27. 27.Joseph’s stall budget is ₹500. A banner cost ₹40, paper cups cost ₹200 and card paper cost ₹140. How many rupees of the budget are left?
  28. 28.Dev has ₹370 to spend on lemons. One lemon costs ₹15. What is the greatest number of lemons Dev can buy?
  29. 29.Which of these is a running cost? (a) a cooler box (b) a folding table (c) a cash box (d) card paper
  30. 30.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  31. 31.True or false: “ice” is a running cost. (a) False (b) True
  32. 32.Saanvi plans to make 15 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  33. 33.Lakshmi’s stall budget is ₹720. Card paper cost ₹200, sugar cost ₹180 and a price board cost ₹180. How many rupees of the budget are left?
  34. 34.Dev’s stall budget is ₹540. A price board cost ₹170, seeds cost ₹200 and paper cups cost ₹120. How many rupees of the budget are left?
  35. 35.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a folding table (d) tea leaves and milk
  36. 36.Which of these is a running cost? (a) ice (b) a juicer (c) a price board (d) a cloth banner
  37. 37.📒 One-time cost or running cost: a cooler box? (a) a one-time cost (b) a running cost
  38. 38.Saanvi’s stall budget is ₹830. A price board cost ₹250, a banner cost ₹200 and sugar cost ₹130. How many rupees of the budget are left?
  39. 39.Lakshmi has ₹300 to spend on sheets of card paper. One sheet of card paper costs ₹20. What is the greatest number of sheets of card paper Lakshmi can buy?
  40. 40.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost

Answer key

  1. False
  2. a running cost
  3. True
  4. 70
  5. a running cost
  6. True
  7. 26
  8. a cash box
  9. False
  10. a folding table
  11. False
  12. 216
  13. False
  14. 495
  15. 362
  16. a cash box
  17. 350
  18. True
  19. paper cups
  20. 23
  21. True
  22. sugar
  23. False
  24. sugar
  25. 140
  26. 26
  27. 120
  28. 24
  29. card paper
  30. a one-time cost
  31. True
  32. 340
  33. 160
  34. 50
  35. tea leaves and milk
  36. ice
  37. a one-time cost
  38. 250
  39. 15
  40. a running cost

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