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Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 2 · 40 questions
TalentJR

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.

NameDateTime takenScore ___ / 40
  1. 1.🤝 At a team stall, whose job is it? Someone packs the snacks. (a) the cashier (b) the maker (c) the record keeper (d) the marketer
  2. 2.Meera worked 5 hours and Kabir worked 6 hours at a stall selling bags of popcorn. They share the ₹880 profit by hours worked. How many rupees does Meera get?
  3. 3.🔍 Which is the odd one out? (a) counting change wrongly (b) greeting with a smile (c) fixing mistakes quickly (d) listening to complaints
  4. 4.⭐ Is this a clear unique selling point (USP): “it has a price”? (a) a clear USP (b) not a USP
  5. 5.Dev pays ₹136 for a table and a banner (fixed costs). Each glass of chai sold makes ₹4 profit. How many must be sold to break even?
  6. 6.One cupcake costs ₹20 to make. Joseph adds a 25% markup. What is the profit on one (in ₹)?
  7. 7.🚀 Helpful or unhelpful for an entrepreneur: saving for the business? (a) an unhelpful habit (b) a helpful habit
  8. 8.Which of these is a good business name? (a) “Shop” (b) “Stuff and More Stuff” (c) “Zzkkq Bites” (d) “Chai Corner”
  9. 9.Saanvi’s stall took in ₹130 on Friday, ₹370 on Saturday and ₹50 on Sunday. What was the total income (in ₹)?
  10. 10.Ananya’s stall made a profit of ₹600. Ananya saves 25% of it. How many rupees are saved?
  11. 11.🎯 Who is the main target customer for exam revision cards? (a) young children (b) school students (c) gardeners (d) pet owners
  12. 12.🤝 At a team stall, whose job is it? Someone writes each sale down. (a) the maker (b) the record keeper (c) the marketer (d) the cashier
  13. 13.True or false: “a third pair of shoes” is a need. (a) True (b) False
  14. 14.Ishaan’s stall took in ₹250 on Friday, ₹290 on Saturday and ₹220 on Sunday. What was the total income (in ₹)?
  15. 15.Vihaan plans to make 22 clay diyas. Each needs ₹3 of materials, and a banner costs ₹250 once. What total budget is needed (in ₹)?
  16. 16.Zoya has a budget of ₹800. The stock costs ₹180 and the stall fee is ₹600. Is the budget enough? (a) No (b) Yes
  17. 17.One fruit cup costs ₹28 to make and Gurpreet sells it for ₹35. What is the markup in percent?
  18. 18.A stall’s fixed costs are ₹345 and each fruit cup makes ₹15 profit. Tara sells 31. What is the profit after paying the fixed costs (in ₹)?
  19. 19.🤝 At a team stall, whose job is it? Someone checks the cash box. (a) the record keeper (b) the maker (c) the marketer (d) the cashier
  20. 20.True or false: “a school uniform” is a want. (a) False (b) True
  21. 21.🔍 Which is the odd one out? (a) a notice-board sheet (b) a sign at the stall (c) a flyer in the lift (d) a short video post
  22. 22.Which of these is dishonest business? (a) a refund if it breaks (b) clear prices for all (c) false health claims (d) correct change
  23. 23.Which product is mainly for school students? (a) plant name labels (b) colouring sheets (c) newspaper reading aloud (d) timetable bookmarks
  24. 24.It costs ₹42 to make one potted plant. On the last day Arjun sells it for only ₹33. How much is the loss on one (in ₹)?
  25. 25.🚀 Starting a business: which comes first — count profit and learn or try out a sample? (a) count profit and learn (b) try out a sample
  26. 26.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  27. 27.Which of these is a fair way to compete? (a) spreading rumours (b) posting fake reviews (c) lying about a rival (d) faster service
  28. 28.True or false: “maths help for juniors” is a problem people have. (a) True (b) False
  29. 29.Which of these is a problem people have? (a) juniors find maths hard (b) a fruit-cup stall (c) a used-book swap stall (d) bottle name stickers
  30. 30.Kavya’s stall made a profit of ₹1500. Kavya saves 25% of it. How many rupees are saved?
  31. 31.👥 Whom should you ask about a snack for Class 6? (a) only yourself (b) a shopkeeper far away (c) only your parents (d) Class 6 students
  32. 32.🎨 Good or poor logo idea: two or three colours? (a) a poor logo idea (b) a good logo idea
  33. 33.🌧️ Your plant stall is outdoors. What is a risk? (a) too many buyers (b) a nice logo (c) rain on sale day (d) clear prices
  34. 34.Which of these is a fair way to compete? (a) spreading rumours (b) lying about a rival (c) a cleaner stall (d) posting fake reviews
  35. 35.One friendship band costs ₹10 to make. Nisha adds a 10% markup. What is the selling price (in ₹)?
  36. 36.True or false: “being honest” is an unhelpful habit for an entrepreneur. (a) True (b) False
  37. 37.Which product is mainly for elderly people? (a) large-print calendars (b) exam revision cards (c) homemade compost (d) seedlings in pots
  38. 38.🚀 Starting a business: which comes first — ask possible customers or try out a sample? (a) ask possible customers (b) try out a sample
  39. 39.Which of these is a problem people have? (a) maths help for juniors (b) no healthy snack nearby (c) a fruit-cup stall (d) a used-book swap stall
  40. 40.🔍 Which is the odd one out? (a) soap (b) a fancy phone cover (c) drinking water (d) medicine when ill

Answer key

  1. the maker
  2. 400
  3. counting change wrongly
  4. not a USP
  5. 34
  6. 5
  7. a helpful habit
  8. “Chai Corner”
  9. 550
  10. 150
  11. school students
  12. the record keeper
  13. False
  14. 760
  15. 316
  16. Yes
  17. 25
  18. 120
  19. the cashier
  20. False
  21. a short video post
  22. false health claims
  23. timetable bookmarks
  24. 9
  25. try out a sample
  26. a one-time cost
  27. faster service
  28. False
  29. juniors find maths hard
  30. 375
  31. Class 6 students
  32. a good logo idea
  33. rain on sale day
  34. a cleaner stall
  35. 11
  36. False
  37. large-print calendars
  38. ask possible customers
  39. no healthy snack nearby
  40. a fancy phone cover

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