Part 2 test: money in a business — Entrepreneurship for kids

Business tip

Know your numbers — “cost, price, profit, break-even, budget, records and interest”

1. Profit = SP − CP; loss = CP − SP; cost of one = batch cost ÷ number.
2. Break-even = fixed costs ÷ profit on one; markup = cost × % ÷ 100.
3. Profit = income − expenses; simple interest = P × R × T ÷ 100.

Use it for: Revision after Part 2, before running a real stall.

Worked example: ⚖️ “Break-even” means… → sales = all costs

✏️ Practice

Work it out in your head or on paper, then tap your answer — or type it and press Check. Stuck? Press “Show me how”.

🏁 Lesson 16 test

20 questions. Check each answer, then go to the next one. Get 16 or more right to pass.

🏅 Sign in with Google to earn the 🥈 Business Maths Star badge when you pass — and a certificate when you finish all 8 lessons of Part 2 · Money in a business. You can still take the test without signing in.

🖨️ Business Maths for Kids Worksheet: Part 2 Test

• Worksheet set 1 (PDF)
• Worksheet set 2 (PDF)
• Worksheet set 3 (PDF)