← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 960 · 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.Riya’s stall budget is ₹870. Lemons cost ₹110, sugar cost ₹290 and napkins cost ₹230. How many rupees of the budget are left?
  2. 2.Tara plans to make 35 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  3. 3.Zoya plans to make 39 painted pebbles. Each needs ₹2 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  4. 4.Riya plans to make 48 friendship bands. Each needs ₹6 of materials, and a banner costs ₹280 once. What total budget is needed (in ₹)?
  5. 5.Aarav’s stall budget is ₹730. Sugar cost ₹200, pots cost ₹70 and card paper cost ₹240. How many rupees of the budget are left?
  6. 6.True or false: “lemons” is a running cost. (a) True (b) False
  7. 7.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  8. 8.Meera has a budget of ₹1000. The stock costs ₹400 and the stall fee is ₹610. Is the budget enough? (a) Yes (b) No
  9. 9.True or false: “a juicer” is a running cost. (a) False (b) True
  10. 10.🔍 Which is the odd one out? (a) a folding table (b) a cooler box (c) paper cups (d) a price board
  11. 11.🔍 Which is the odd one out? (a) lemons (b) a price board (c) ice (d) paper cups
  12. 12.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a cooler box (d) card paper
  13. 13.Tara has ₹210 to spend on packets of seeds. One packet of seeds costs ₹15. What is the greatest number of packets of seeds Tara can buy?
  14. 14.Ishaan has ₹320 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Ishaan can buy?
  15. 15.Aarav has a budget of ₹900. The stock costs ₹450 and the stall fee is ₹470. Is the budget enough? (a) No (b) Yes
  16. 16.Vihaan has ₹330 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Vihaan can buy?
  17. 17.True or false: “lemons” is a one-time cost. (a) True (b) False
  18. 18.True or false: “card paper” is a one-time cost. (a) True (b) False
  19. 19.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  20. 20.Diya has a budget of ₹400. The stock costs ₹140 and the stall fee is ₹260. Is the budget enough? (a) No (b) Yes
  21. 21.Tara has a budget of ₹500. The stock costs ₹210 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  22. 22.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  23. 23.Aarav has a budget of ₹500. The stock costs ₹230 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  24. 24.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
  25. 25.True or false: “a price board” is a one-time cost. (a) False (b) True
  26. 26.Tara’s stall budget is ₹450. Sugar cost ₹270, pots cost ₹90 and lemons cost ₹80. How many rupees of the budget are left?
  27. 27.Which of these is a running cost? (a) card paper (b) a cash box (c) a price board (d) a juicer
  28. 28.Zoya plans to make 39 fruit cups. Each needs ₹8 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  29. 29.True or false: “a folding table” is a running cost. (a) True (b) False
  30. 30.Joseph’s stall budget is ₹660. Ribbon cost ₹100, seeds cost ₹250 and a price board cost ₹120. How many rupees of the budget are left?
  31. 31.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  32. 32.Farhan plans to make 44 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  33. 33.Which of these is a running cost? (a) a folding table (b) a cash box (c) lemons (d) a juicer
  34. 34.Ananya plans to make 46 potted plants. Each needs ₹9 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  35. 35.Which of these is a one-time cost? (a) tea leaves and milk (b) a folding table (c) ice (d) paper cups
  36. 36.Vihaan plans to make 44 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  37. 37.🔍 Which is the odd one out? (a) tea leaves and milk (b) sugar (c) card paper (d) a folding table
  38. 38.🔍 Which is the odd one out? (a) tea leaves and milk (b) lemons (c) a juicer (d) card paper
  39. 39.Arjun plans to make 30 bags of popcorn. Each needs ₹3 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
  40. 40.Arjun plans to make 39 bags of popcorn. Each needs ₹2 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?

Answer key

  1. 240
  2. 130
  3. 378
  4. 568
  5. 220
  6. True
  7. a running cost
  8. No
  9. False
  10. paper cups
  11. a price board
  12. a cooler box
  13. 14
  14. 64
  15. No
  16. 22
  17. False
  18. False
  19. a one-time cost
  20. Yes
  21. No
  22. True
  23. No
  24. a one-time cost
  25. True
  26. 10
  27. card paper
  28. 392
  29. False
  30. 190
  31. True
  32. 338
  33. lemons
  34. 624
  35. a folding table
  36. 338
  37. a folding table
  38. a juicer
  39. 310
  40. 148

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