← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 983 · 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 is the odd one out? (a) a folding table (b) a cloth banner (c) a price board (d) seeds and soil
  2. 2.Rohan’s stall budget is ₹720. Lemons cost ₹250, a price board cost ₹60 and paper cups cost ₹190. How many rupees of the budget are left?
  3. 3.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) a cloth banner (d) paper cups
  4. 4.Vihaan’s stall budget is ₹570. Pots cost ₹120, seeds cost ₹110 and ribbon cost ₹120. How many rupees of the budget are left?
  5. 5.Diya’s stall budget is ₹450. Seeds cost ₹240, sugar cost ₹120 and card paper cost ₹20. How many rupees of the budget are left?
  6. 6.Which of these is a running cost? (a) a folding table (b) a cloth banner (c) tea leaves and milk (d) a juicer
  7. 7.Arjun has ₹350 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Arjun can buy?
  8. 8.Arjun has ₹100 to spend on packs of cups. One pack of cups costs ₹8. What is the greatest number of packs of cups Arjun can buy?
  9. 9.Which of these is a one-time cost? (a) paper cups (b) tea leaves and milk (c) card paper (d) a cooler box
  10. 10.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) ice (d) a folding table
  11. 11.Farhan plans to make 40 jute bags. Each needs ₹10 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  12. 12.True or false: “a cash box” is a running cost. (a) False (b) True
  13. 13.Joseph plans to make 15 clay diyas. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  14. 14.Which of these is a running cost? (a) a cloth banner (b) a price board (c) a cooler box (d) ice
  15. 15.🔍 Which is the odd one out? (a) paper cups (b) ice (c) tea leaves and milk (d) a price board
  16. 16.🔍 Which is the odd one out? (a) a cash box (b) a price board (c) tea leaves and milk (d) a cooler box
  17. 17.Aarav plans to make 21 clay diyas. Each needs ₹8 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  18. 18.Aarav has ₹290 to spend on packs of cups. One pack of cups costs ₹20. What is the greatest number of packs of cups Aarav can buy?
  19. 19.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a folding table (d) paper cups
  20. 20.Kabir has ₹360 to spend on lemons. One lemon costs ₹20. What is the greatest number of lemons Kabir can buy?
  21. 21.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  22. 22.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  23. 23.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  24. 24.Which of these is a running cost? (a) a price board (b) a folding table (c) a juicer (d) lemons
  25. 25.Kabir plans to make 21 cups of lemonade. Each needs ₹6 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
  26. 26.Rohan plans to make 50 potted plants. Each needs ₹5 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  27. 27.True or false: “a folding table” is a one-time cost. (a) True (b) False
  28. 28.Aarav plans to make 16 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹240 once. What total budget is needed (in ₹)?
  29. 29.Riya has ₹210 to spend on rolls of ribbon. One roll of ribbon costs ₹6. What is the greatest number of rolls of ribbon Riya can buy?
  30. 30.Diya has a budget of ₹600. The stock costs ₹270 and the stall fee is ₹340. Is the budget enough? (a) Yes (b) No
  31. 31.Meera has a budget of ₹500. The stock costs ₹160 and the stall fee is ₹320. Is the budget enough? (a) Yes (b) No
  32. 32.Ishaan has ₹410 to spend on sheets of card paper. One sheet of card paper costs ₹5. What is the greatest number of sheets of card paper Ishaan can buy?
  33. 33.Ananya has a budget of ₹700. The stock costs ₹120 and the stall fee is ₹570. Is the budget enough? (a) No (b) Yes
  34. 34.📒 One-time cost or running cost: card paper? (a) a one-time cost (b) a running cost
  35. 35.🔍 Which is the odd one out? (a) a cash box (b) sugar (c) paper cups (d) card paper
  36. 36.Riya’s stall budget is ₹720. A price board cost ₹280, seeds cost ₹20 and pots cost ₹300. How many rupees of the budget are left?
  37. 37.True or false: “lemons” is a running cost. (a) True (b) False
  38. 38.True or false: “ice” is a one-time cost. (a) True (b) False
  39. 39.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  40. 40.Aarav plans to make 33 jute bags. Each needs ₹6 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?

Answer key

  1. seeds and soil
  2. 220
  3. paper cups
  4. 220
  5. 70
  6. tea leaves and milk
  7. 17
  8. 12
  9. a cooler box
  10. ice
  11. 480
  12. False
  13. 145
  14. ice
  15. a price board
  16. tea leaves and milk
  17. 218
  18. 14
  19. a folding table
  20. 18
  21. a one-time cost
  22. a running cost
  23. True
  24. lemons
  25. 256
  26. 320
  27. True
  28. 336
  29. 35
  30. No
  31. Yes
  32. 82
  33. Yes
  34. a running cost
  35. a cash box
  36. 120
  37. True
  38. False
  39. a one-time cost
  40. 418

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