Business Maths for Kids Worksheet: Part 2 Test

Entrepreneurship lesson 16: Part 2 test: money in a business · Set 15 · 40 questions

Business tip (Know your numbers): Profit = SP − CP; loss = CP − SP; cost of one = batch cost ÷ number. Break-even = fixed costs ÷ profit on one; markup = cost × % ÷ 100. Profit = income − expenses; simple interest = P × R × T ÷ 100.

1. 1.Nisha’s stall made a profit of ₹1600. Nisha saves 50% of it. How many rupees are saved?
2. 2.🏷️ Cost price means… (a) the discount (b) what the buyer pays (c) the profit (d) what it cost you
3. 3.To make 20 glasses of chai, Ananya spends ₹150 on tea leaves, ₹15 on milk and ₹15 on paper cups. What does one cost to make (in ₹)?
4. 4.Lakshmi’s record for a rainy day:
   Income: ₹120 (sales)
   Expense: ₹160 (lemons)
   Expense: ₹10 (paper cups)
   How much is the loss (in ₹)?
5. 5.Aarav’s stall budget is ₹620. Pots cost ₹170, napkins cost ₹160 and ribbon cost ₹120. How many rupees of the budget are left?
6. 6.🔢 Break-even number of items = (a) fixed cost × profit (b) price ÷ cost (c) profit − fixed cost (d) fixed cost ÷ profit
7. 7.🏷️ Cost-plus pricing means… (a) cost − a markup (b) cost + a markup (c) guess any price (d) copy a rival
8. 8.One cup of lemonade costs Vihaan ₹50 to make and sells for ₹51. Is that a profit or a loss? (a) Loss (b) Profit
9. 9.A stall’s fixed costs are ₹63 and each handmade card makes ₹3 profit. Tara has sold 25 handmade cards so far. Has the stall broken even yet? (a) Yes (b) No
10. 10.One bag of popcorn costs Ishaan ₹30 to make and sells for ₹25. Is that a profit or a loss? (a) Profit (b) Loss
11. 11.To make 20 cups of lemonade, Lakshmi spends ₹95 on lemons, ₹35 on sugar and ₹10 on paper cups. What does one cost to make (in ₹)?
12. 12.One cup of lemonade costs ₹15 to make and Vihaan sells it for ₹18. What is the markup in percent?
13. 13.Ananya pays ₹304 for a table and a banner (fixed costs). Each bag of popcorn sold makes ₹8 profit. How many must be sold to break even?
14. 14.A stall’s fixed costs are ₹81 and each painted pebble makes ₹3 profit. Aarav has sold 25 painted pebbles so far. Has the stall broken even yet? (a) No (b) Yes
15. 15.🏷️ Cost price or selling price: cost of making one? (a) cost price (b) selling price
16. 16.Which of these is a running cost? (a) a cooler box (b) a folding table (c) tea leaves and milk (d) a price board
17. 17.🎉 After the break-even point, each extra item sold… (a) adds profit (b) changes nothing (c) is free (d) adds loss
18. 18.To make 20 handmade cards, Riya spends ₹50 on card paper, ₹50 on colour pens and ₹60 on envelopes. What does one cost to make (in ₹)?
19. 19.Zoya pays ₹210 for a table and a banner (fixed costs). Each paper bookmark sold makes ₹6 profit. How many must be sold to break even?
20. 20.Diya pays ₹324 for a table and a banner (fixed costs). Each cup of lemonade sold makes ₹12 profit. How many must be sold to break even?
21. 21.Arjun’s stall took in ₹280 on Friday, ₹140 on Saturday and ₹210 on Sunday. What was the total income (in ₹)?
22. 22.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
23. 23.Which of these is saving? (a) a piggy bank for later (b) more seeds for next time (c) a new video game (d) buying a second juicer
24. 24.One cupcake costs ₹25 to make. Gurpreet adds a 20% markup. What is the selling price (in ₹)?
25. 25.Lakshmi’s stall made a profit of ₹2000. Lakshmi saves 20% of it. How many rupees are saved?
26. 26.🧾 What belongs in the batch cost? (a) only the cheapest one (b) your pocket money (c) the selling price (d) every material used
27. 27.💵 Selling price means… (a) what it cost you (b) what the buyer pays (c) the loss (d) the stall fee
28. 28.True or false: “money spent to get it” is the selling price. (a) False (b) True
29. 29.A batch of 25 glasses of chai costs ₹275 to make. What does one cost to make (in ₹)?
30. 30.Zoya’s stall budget is ₹570. Lemons cost ₹230, a price board cost ₹50 and sugar cost ₹90. How many rupees of the budget are left?
31. 31.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
32. 32.True or false: “money spent to get it” is the cost price. (a) False (b) True
33. 33.Joseph’s record for the day:
    Income: ₹60 (morning sales)
    Income: ₹300 (evening sales)
    Expense: ₹60 (paper cups)
    Expense: ₹130 (stall fee)
    What is the profit (in ₹)?
34. 34.One fruit cup costs ₹30 to make. Rohan adds a 50% markup. What is the profit on one (in ₹)?
35. 35.One clay diya costs ₹11 to make and Kabir sells it for ₹22. What is the markup in percent?
36. 36.Arjun plans to make 44 handmade cards. Each needs ₹8 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
37. 37.📒 Income or expense: a card order paid? (a) income (b) expense
38. 38.Rohan’s record for a rainy day:
    Income: ₹280 (sales)
    Expense: ₹340 (sugar)
    Expense: ₹10 (stall fee)
    How much is the loss (in ₹)?
39. 39.Kabir’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
40. 40.📒 Income or expense: buying lemons? (a) income (b) expense

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