Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 15 · 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.📊 Revenue or profit: left after all costs? (a) profit (b) revenue
2. 2.Which of these is the marketer’s job? (a) makes the cards (b) checks the cash box (c) writes each sale down (d) calls out the offers
3. 3.📣 Which kind of marketing is this: a chart by the gate? (a) a poster (b) word of mouth (c) social media
4. 4.One cupcake costs ₹10 to make. Meera adds a 100% markup. What is the profit on one (in ₹)?
5. 5.🍋 Lemonade stall: what should you check first? (a) the logo colour (b) a big loan (c) how famous it is (d) clean water, clean hands
6. 6.🤝 Two teammates both want to be cashier. A fair fix? (a) flip the table (b) quit the team (c) shout louder (d) take turns
7. 7.Which of these is a good business name? (a) “Things” (b) “The Losers’ Stall” (c) “Zzkkq Bites” (d) “Bright Bookmarks”
8. 8.📖 Tutoring juniors: what should you check first? (a) no one knows (b) the fee is huge (c) you skip school (d) their parents agree
9. 9.Ananya’s fair stall pays a ₹230 stall fee and ₹470 for materials, and sells each glass of chai for ₹25. How many must be sold to cover all the costs?
10. 10.A small business selling potted plants had a revenue of ₹2250 and a profit of ₹920. What were its costs (in ₹)?
11. 11.🔍 Which is the odd one out? (a) keeping cash in a box (b) a parent knows the plan (c) selling in a known place (d) leaving cash lying out
12. 12.🔎 Is this a problem or a solution idea: “water bottles get lost”? (a) a solution idea (b) a problem
13. 13.Which of these is true of a company? (a) a separate legal body (b) simplest to start (c) owner keeps all profit (d) one owner runs it
14. 14.📋 Helpful or unhelpful research question: “How often do you buy a snack at school?” (a) a helpful question (b) an unhelpful question
15. 15.True or false: “clean, covered food” is poor customer service. (a) True (b) False
16. 16.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) profit put in a bank (d) more seeds for next time
17. 17.📣 Which kind of marketing is this: chat at the bus stop? (a) a poster (b) word of mouth (c) social media
18. 18.Ananya’s income was ₹190 and the profit was ₹50. One expense was ₹60 (stall fee). How much was the other expense, for posters (in ₹)?
19. 19.One fruit cup costs ₹40 to make. Tara adds a 10% markup. What is the selling price (in ₹)?
20. 20.True or false: for balloon animals, gardeners are the target customers. (a) True (b) False
21. 21.🔍 Which is the odd one out? (a) saying thank you (b) chatting on the phone (c) dirty hands with food (d) ignoring a customer
22. 22.Which of these is a helpful habit for an entrepreneur? (a) skipping the planning (b) copying a rival exactly (c) spotting problems (d) blaming others
23. 23.True or false: someone who gets a fixed salary — that is what an employee does. (a) True (b) False
24. 24.True or false: “two or three colours” is a good logo idea. (a) False (b) True
25. 25.🛒 Need or want: a warm blanket? (a) a want (b) a need
26. 26.Which of these is true of a sole trader? (a) owners’ risk is limited (b) owned by shareholders (c) a separate legal body (d) owner keeps all profit
27. 27.Which of these is a good logo idea? (a) clear at a small size (b) too many small details (c) twenty colours (d) a blurry photo
28. 28.True or false: “Cures colds in one sip!” is honest and clear. (a) False (b) True
29. 29.📉 A price below the cost leads to… (a) a profit (b) a loss (c) break-even (d) free stock
30. 30.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) an emergency fund (d) buying a second juicer
31. 31.True or false: “the wholesale price paid” is the cost price. (a) True (b) False
32. 32.🏷️ Cost price or selling price: the price on your board? (a) cost price (b) selling price
33. 33.🤝 At a team stall, whose job is it? Someone pots the plants. (a) the cashier (b) the record keeper (c) the maker (d) the marketer
34. 34.🛡️ Safe or unsafe for a kids’ business: selling in a known place? (a) a safe practice (b) an unsafe practice
35. 35.📣 Is this stall message honest and clear, or misleading? “Plant saplings ₹25 — water twice a week” (a) misleading (b) honest and clear
36. 36.Which of these is a want? (a) soap (b) a fancy phone cover (c) bus fare to school (d) a warm blanket
37. 37.One handmade card costs Rohan ₹33 to make and sells for ₹30. Is that a profit or a loss? (a) Loss (b) Profit
38. 38.🗣️ A teammate made a mistake with the change. What helps most? (a) fix it together calmly (b) shout at them (c) leave the stall (d) tell everyone
39. 39.🔍 Which is the odd one out? (a) plants die in holidays (b) maths help for juniors (c) a fruit-cup stall (d) phone help for elders
40. 40.🎪 School-fair stall plan: which comes first — choose what to sell or make a budget? (a) choose what to sell (b) make a budget

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