Business Maths for Kids Worksheet: Part 2 Test

Entrepreneurship lesson 16: Part 2 test: money in a business · Set 19 · 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.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
2. 2.One potted plant costs ₹15 to make. Tara adds a 20% markup. What is the selling price (in ₹)?
3. 3.A stall’s fixed costs are ₹64 and each glass of chai makes ₹2 profit. Meera sells 39. What is the profit after paying the fixed costs (in ₹)?
4. 4.A stall’s fixed costs are ₹32 and each clay diya makes ₹2 profit. Dev has sold 18 clay diyas so far. Has the stall broken even yet? (a) No (b) Yes
5. 5.Which of these is an expense (money out)? (a) bus fare to the market (b) tutoring fees received (c) cash from selling plants (d) a card order paid
6. 6.🏷️ Cost price or selling price: what you paid for it? (a) cost price (b) selling price
7. 7.A batch of 25 bags of popcorn costs ₹50 to make. What does one cost to make (in ₹)?
8. 8.True or false: “what a customer pays” is the cost price. (a) True (b) False
9. 9.A batch of 25 cups of lemonade costs ₹300 to make. Tara sells all 25 at ₹17 each. What is the total profit on the batch (in ₹)?
10. 10.Which of these is a one-time cost? (a) ice (b) sugar (c) a cash box (d) seeds and soil
11. 11.Which of these is income (money in)? (a) buying lemons (b) paying the stall fee (c) tutoring fees received (d) bus fare to the market
12. 12.🔍 Which is the odd one out? (a) a cash box (b) a cooler box (c) a juicer (d) paper cups
13. 13.To make 20 potted plants, Dev spends ₹20 on pots, ₹25 on soil and ₹15 on seeds. What does one cost to make (in ₹)?
14. 14.A batch of 10 bags of popcorn costs ₹50 to make. Gurpreet sells each one for ₹8. What is the profit on each one (in ₹)?
15. 15.Kabir plans to make 11 glasses of chai. Each needs ₹10 of materials, and a banner costs ₹140 once. What total budget is needed (in ₹)?
16. 16.Which of these is income (money in)? (a) printing posters (b) buying lemons (c) buying paper cups (d) money from sales
17. 17.📦 Why work out the cost of ONE item? (a) to set a good price (b) to look clever (c) it does not matter (d) to spend more
18. 18.A batch of 20 cupcakes costs ₹40 to make. What does one cost to make (in ₹)?
19. 19.One paper bookmark costs ₹16 to make. Zoya adds a 25% markup. What is the selling price (in ₹)?
20. 20.📒 One-time cost or running cost: a price board? (a) a running cost (b) a one-time cost
21. 21.A stall’s fixed costs are ₹154 and each cup of lemonade makes ₹14 profit. Nisha sells 12. What is the profit after paying the fixed costs (in ₹)?
22. 22.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) a piggy bank for later (d) better paint for cards
23. 23.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a price board (d) seeds and soil
24. 24.One fruit cup costs Aarav ₹22 to make and sells for ₹36. Is that a profit or a loss? (a) Loss (b) Profit
25. 25.⚖️ “Break-even” means… (a) you stopped selling (b) you borrowed money (c) sales = all costs (d) profit is huge
26. 26.Kavya’s stall made a profit of ₹900. Kavya saves 10% of it. How many rupees are saved?
27. 27.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
28. 28.Ananya’s record for a rainy day:
    Income: ₹260 (sales)
    Expense: ₹30 (lemons)
    Expense: ₹280 (paper cups)
    How much is the loss (in ₹)?
29. 29.One cupcake costs ₹20 to make and Kabir sells it for ₹22. What is the markup in percent?
30. 30.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) sweets for yourself (d) buying a second juicer
31. 31.One fruit cup costs ₹31 to make. Ananya wants a profit of ₹20 on each. What should the selling price be (in ₹)?
32. 32.🎉 After the break-even point, each extra item sold… (a) adds loss (b) changes nothing (c) is free (d) adds profit
33. 33.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 50 rupees (c) 20 rupees (d) 10 rupees
34. 34.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) a piggy bank for later (d) buying a second juicer
35. 35.A batch of 20 handmade cards costs ₹120 to make. Vihaan sells each one for ₹15. What is the profit on each one (in ₹)?
36. 36.True or false: “money got from a sale” is the cost price. (a) False (b) True
37. 37.A stall’s fixed costs are ₹221. Each bag of popcorn costs ₹4 to make and sells for ₹17. How many must be sold to break even?
38. 38.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
39. 39.Aarav pays ₹40 for a table and a banner (fixed costs). Each bag of popcorn sold makes ₹8 profit. How many must be sold to break even?
40. 40.One friendship band costs ₹45 to make. Nisha adds a 20% markup. What is the selling price (in ₹)?

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