Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 10 · 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.Kavya’s fair stall pays a ₹150 stall fee and ₹285 for materials. It sells 31 clay diyas at ₹15 each. What is the profit (in ₹)?
2. 2.📋 Helpful or unhelpful research question: “Do you agree my stall will be famous?” (a) an unhelpful question (b) a helpful question
3. 3.Which of these is a want? (a) a third pair of shoes (b) soap (c) drinking water (d) school shoes
4. 4.One clay diya costs ₹40 to make. Zoya adds a 10% markup. What is the profit on one (in ₹)?
5. 5.✅ A good marketing message is… (a) loud and false (b) secret (c) very long (d) honest and clear
6. 6.🔢 Break-even number of items = (a) fixed cost ÷ profit (b) fixed cost × profit (c) price ÷ cost (d) profit − fixed cost
7. 7.📊 A rival sells chai at ₹10. Why should you know this? (a) to close them down (b) to copy their sign (c) to complain (d) to set a fair price
8. 8.🔍 Which is the odd one out? (a) an adult at the stove (b) keeping cash in a box (c) a parent knows the plan (d) sharing your address
9. 9.True or false: “we are open” is not a unique selling point. (a) True (b) False
10. 10.🧪 Why make a small test batch before a big launch? (a) to waste money (b) to look busy (c) to learn cheaply (d) it is a rule
11. 11.True or false: “the price on your board” is the selling price. (a) False (b) True
12. 12.Which of these is a solution idea? (a) phone help for elders (b) no healthy snack nearby (c) water bottles get lost (d) no shade at the bus stop
13. 13.Which of these is a poor business name? (a) “Maths Buddies” (b) “Stuff and More Stuff” (c) “Chai Corner” (d) “Sunny Sips”
14. 14.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
15. 15.To make 25 handmade cards, Ishaan spends ₹25 on card paper, ₹10 on colour pens and ₹65 on envelopes. What does one cost to make (in ₹)?
16. 16.Rohan’s stall made a profit of ₹1700. Rohan saves 25% of it. How many rupees are saved?
17. 17.🔍 Which is the odd one out? (a) a fruit-cup stall (b) bottle name stickers (c) a shade-cloth project (d) old books thrown away
18. 18.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
19. 19.🚀 Which step of starting a business is this: fix what people disliked? (a) step 6 (b) step 4 (c) step 5 (d) step 3
20. 20.🚀 Helpful or unhelpful for an entrepreneur: skipping the planning? (a) an unhelpful habit (b) a helpful habit
21. 21.🛒 Need or want: bus fare to school? (a) a need (b) a want
22. 22.Saanvi’s record for a rainy day:
    Income: ₹150 (sales)
    Expense: ₹10 (stall fee)
    Expense: ₹230 (lemons)
    How much is the loss (in ₹)?
23. 23.🔍 Which is the odd one out? (a) “Sunny Sips” (b) “Bright Bookmarks” (c) “Things” (d) “Green Thumb Saplings”
24. 24.🔒 What should NEVER go in a stall post? (a) the stall name (b) the price (c) what you sell (d) your home address
25. 25.📒 Income or expense: buying paper cups? (a) income (b) expense
26. 26.🔍 Which is the odd one out? (a) leaving cash lying out (b) knives with no adult (c) visiting strangers alone (d) covering food
27. 27.Which of these is a solution idea? (a) water bottles get lost (b) a shade-cloth project (c) plants die in holidays (d) no healthy snack nearby
28. 28.🔍 Which is the odd one out? (a) “Shop” (b) “Zzkkq Bites” (c) “Sunny Sips” (d) “The Losers’ Stall”
29. 29.True or false: someone who keeps the profit or loss — that is what an employee does. (a) True (b) False
30. 30.🔍 Which is the odd one out? (a) juniors find maths hard (b) no shade at the bus stop (c) water bottles get lost (d) phone help for elders
31. 31.Riya’s stall took in ₹370 on Friday, ₹370 on Saturday and ₹50 on Sunday. What was the total income (in ₹)?
32. 32.📊 Revenue or profit: goes up if costs fall? (a) revenue (b) profit
33. 33.😊 Good or poor customer service: listening to complaints? (a) poor service (b) good service
34. 34.⭐ Is this a clear unique selling point (USP): “delivered to your door”? (a) not a USP (b) a clear USP
35. 35.🗣️ A teammate made a mistake with the change. What helps most? (a) shout at them (b) tell everyone (c) leave the stall (d) fix it together calmly
36. 36.🏢 Sole trader or company: simplest to start? (a) a sole trader (b) a company
37. 37.Riya’s fair stall pays a ₹40 stall fee and ₹100 for materials, and sells each glass of chai for ₹10. How many must be sold to cover all the costs?
38. 38.True or false: “payment for a cake order” is income (money in). (a) False (b) True
39. 39.Which of these is a safe practice? (a) leaving cash lying out (b) hot oil near small kids (c) knives with no adult (d) keeping cash in a box
40. 40.📣 Is this stall message honest and clear, or misleading? “Doctors say our chai makes you taller” (a) honest and clear (b) misleading

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