Business Maths for Kids Worksheet: Part 2 Test

Entrepreneurship lesson 16: Part 2 test: money in a business · Set 34 · 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 batch of 50 cups of lemonade costs ₹150 to make. Joseph sells each one for ₹5. What is the profit on each one (in ₹)?
2. 2.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) an emergency fund (d) a new video game
3. 3.Tara plans to make 19 friendship bands. Each needs ₹5 of materials, and a banner costs ₹100 once. What total budget is needed (in ₹)?
4. 4.It costs ₹5 to make one friendship band. Zoya sells it for ₹7. What is the profit on one (in ₹)?
5. 5.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
6. 6.A batch of 50 handmade cards costs ₹400 to make. Diya sells each one for ₹10. What is the profit on each one (in ₹)?
7. 7.One bag of popcorn costs ₹28 to make. Gurpreet adds a 25% markup. What is the profit on one (in ₹)?
8. 8.🏷️ Cost-plus pricing means… (a) cost − a markup (b) guess any price (c) copy a rival (d) cost + a markup
9. 9.🏷️ Cost price or selling price: what you paid for it? (a) selling price (b) cost price
10. 10.A batch of 50 bags of popcorn costs ₹600 to make. Meera sells each one for ₹18. What is the profit on each one (in ₹)?
11. 11.🏷️ Cost price or selling price: money spent to get it? (a) cost price (b) selling price
12. 12.A stall’s fixed costs are ₹102 and each painted pebble makes ₹6 profit. Rohan sells 24. What is the profit after paying the fixed costs (in ₹)?
13. 13.A batch of 50 handmade cards costs ₹150 to make. Tara sells each one for ₹5. What is the profit on each one (in ₹)?
14. 14.A stall’s fixed costs are ₹52. Each fruit cup costs ₹16 to make and sells for ₹20. How many must be sold to break even?
15. 15.Meera pays ₹24 for a table and a banner (fixed costs). Each cup of lemonade sold makes ₹2 profit. How many must be sold to break even?
16. 16.Kavya pays ₹130 for a table and a banner (fixed costs). Each painted pebble sold makes ₹10 profit. How many must be sold to break even?
17. 17.Gurpreet’s record for the day:
    Income: ₹50 (morning sales)
    Income: ₹210 (evening sales)
    Expense: ₹30 (ribbon)
    Expense: ₹160 (posters)
    What is the profit (in ₹)?
18. 18.📉 A price below the cost leads to… (a) a profit (b) break-even (c) a loss (d) free stock
19. 19.🏷️ Cost price or selling price: the price you sell at? (a) selling price (b) cost price
20. 20.📒 Income or expense: buying lemons? (a) expense (b) income
21. 21.One clay diya costs ₹26 to make. Nisha adds a 50% markup. What is the profit on one (in ₹)?
22. 22.⚖️ “Break-even” means… (a) you stopped selling (b) you borrowed money (c) sales = all costs (d) profit is huge
23. 23.True or false: “the wholesale price paid” is the cost price. (a) True (b) False
24. 24.Dev pays ₹66 for a table and a banner (fixed costs). Each paper bookmark sold makes ₹2 profit. How many must be sold to break even?
25. 25.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) sweets for yourself (d) more seeds for next time
26. 26.One glass of chai costs ₹36 to make. Joseph wants a profit of ₹6 on each. What should the selling price be (in ₹)?
27. 27.A batch of 20 cupcakes costs ₹180 to make. Rohan sells all 20 at ₹13 each. What is the total profit on the batch (in ₹)?
28. 28.To make 50 fruit cups, Arjun spends ₹105 on fruit, ₹125 on cups and ₹220 on spoons. What does one cost to make (in ₹)?
29. 29.To make 10 paper bookmarks, Diya spends ₹100 on card paper, ₹5 on ribbon and ₹5 on stickers. What does one cost to make (in ₹)?
30. 30.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 10 rupees (c) 50 rupees (d) 20 rupees
31. 31.To make 50 potted plants, Diya spends ₹5 on pots, ₹265 on soil and ₹330 on seeds. What does one cost to make (in ₹)?
32. 32.It costs ₹32 to make one potted plant. On the last day Aarav sells it for only ₹30. How much is the loss on one (in ₹)?
33. 33.True or false: “a folding table” is a running cost. (a) True (b) False
34. 34.One jute bag costs ₹25 to make and Arjun sells it for ₹30. What is the markup in percent?
35. 35.True or false: “money spent to get it” is the cost price. (a) False (b) True
36. 36.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
37. 37.Ananya pays ₹70 for a table and a banner (fixed costs). Each painted pebble sold makes ₹14 profit. How many must be sold to break even?
38. 38.A batch of 50 paper bookmarks costs ₹200 to make. What does one cost to make (in ₹)?
39. 39.A stall’s fixed costs are ₹238 and each glass of chai makes ₹14 profit. Ananya sells 18. What is the profit after paying the fixed costs (in ₹)?
40. 40.One jute bag costs ₹44 to make. Tara adds a 100% markup. What is the selling price (in ₹)?

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