Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 1 · 40 questions

Business tip (Ready to run a stall): Find the topic of the question: ideas, customers, research, money sums, pricing, records, marketing, service, teamwork, safety or business basics. Use that lesson’s tip and read every option before you choose. For ₹ sums, write the rule first (profit = SP − CP, break-even = fixed ÷ profit on one, markup = cost × % ÷ 100), then calculate.

1. 1.🔍 Which is the odd one out? (a) saying thank you (b) greeting with a smile (c) fixing mistakes quickly (d) counting change wrongly
2. 2.A batch of 10 potted plants costs ₹120 to make. Kabir sells each one for ₹14. What is the profit on each one (in ₹)?
3. 3.Which product is mainly for gardeners? (a) timetable bookmarks (b) colouring sheets (c) pet-bowl cleaning (d) homemade compost
4. 4.True or false: “a school uniform” is a need. (a) False (b) True
5. 5.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
6. 6.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) a warm blanket (d) a sticker album
7. 7.🚀 Starting a business: which comes first — brainstorm solutions or see what bugs people? (a) brainstorm solutions (b) see what bugs people
8. 8.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) a new video game (d) a cinema ticket
9. 9.Meera’s fair stall sells 34 jute bags at ₹25 each. How much money comes in from sales (in ₹)?
10. 10.🗣️ Testers say your cupcakes are too sweet. What is the next step? (a) stop listening (b) raise the price (c) improve the recipe (d) launch it as it is
11. 11.📣 Which kind of marketing is this: a notice-board sheet? (a) a poster (b) social media (c) word of mouth
12. 12.🚀 Starting a business: which comes first — launch the business or keep records and review? (a) launch the business (b) keep records and review
13. 13.🚀 Which step of starting a business is this: see what bugs people? (a) step 6 (b) step 3 (c) step 5 (d) step 1
14. 14.🔍 Which is the odd one out? (a) no shade at the bus stop (b) no healthy snack nearby (c) a pet-sitting service (d) old books thrown away
15. 15.True or false: “a glitter pen set” is a need. (a) False (b) True
16. 16.True or false: “Shop” is a good business name. (a) True (b) False
17. 17.A batch of 50 paper bookmarks costs ₹250 to make. What does one cost to make (in ₹)?
18. 18.📒 Income or expense: tutoring fees received? (a) income (b) expense
19. 19.🔍 Which is the odd one out? (a) plants die in holidays (b) a used-book swap stall (c) old books thrown away (d) water bottles get lost
20. 20.🚀 Which step of starting a business is this: make a small test batch? (a) step 3 (b) step 2 (c) step 6 (d) step 4
21. 21.True or false: “a sugar-free recipe” is not a unique selling point. (a) True (b) False
22. 22.🎪 School-fair stall plan: which comes first — set up the stall or list all the costs? (a) set up the stall (b) list all the costs
23. 23.🎂 Can a 14-year-old run a business on their own? (a) only with adult help (b) yes, no one needed (c) never ever (d) only at night
24. 24.📝 When should you do market research? (a) never (b) only on holidays (c) after you close (d) before you spend money
25. 25.True or false: “Fresh lemonade, ₹10 a cup, Stall 4” is honest and clear. (a) False (b) True
26. 26.🚀 Rohan made 500 bookmarks before asking anyone. What went wrong? (a) he skipped testing (b) nothing at all (c) he asked too many (d) he made too few
27. 27.True or false: “What is your favourite cricket team?” is an unhelpful research question. (a) False (b) True
28. 28.One potted plant costs ₹37 to make. Arjun wants a profit of ₹19 on each. What should the selling price be (in ₹)?
29. 29.Kabir pays ₹120 for a table and a banner (fixed costs). Each paper bookmark sold makes ₹3 profit. How many must be sold to break even?
30. 30.Which of these is income (money in)? (a) buying paper cups (b) paying the stall fee (c) a card order paid (d) bus fare to the market
31. 31.True or false: for notebook covering, gardeners are the target customers. (a) False (b) True
32. 32.📋 Helpful or unhelpful research question: “Where do you buy bookmarks now?” (a) an unhelpful question (b) a helpful question
33. 33.True or false: “a sticky, messy table” is good customer service. (a) False (b) True
34. 34.A stall’s fixed costs are ₹70. Each paper bookmark costs ₹23 to make and sells for ₹30. How many must be sold to break even?
35. 35.🚀 Starting a business: which comes first — fix what people disliked or launch the business? (a) fix what people disliked (b) launch the business
36. 36.🧾 A fixed cost is one that… (a) grows with each item (b) is always zero (c) is paid by customers (d) is not paid per item
37. 37.😊 Good or poor customer service: a tidy stall table? (a) poor service (b) good service
38. 38.⚖️ Honest or dishonest business: hiding a broken part? (a) dishonest (b) honest
39. 39.A batch of 25 potted plants costs ₹250 to make. What does one cost to make (in ₹)?
40. 40.🔍 Which is the odd one out? (a) lemons (b) a folding table (c) card paper (d) ice

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