Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 20 · 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 of these is a problem people have? (a) a plant-watering service (b) maths help for juniors (c) bottle name stickers (d) plants die in holidays
2. 2.🔍 Which is the odd one out? (a) spreading rumours (b) a fair, lower price (c) grabbing their spot (d) copying a rival’s logo
3. 3.🛡️ Safe or unsafe for a kids’ business: keeping cash in a box? (a) an unsafe practice (b) a safe practice
4. 4.One glass of chai costs ₹31 to make. Aarav wants a profit of ₹3 on each. What should the selling price be (in ₹)?
5. 5.True or false: “payment for a cake order” is an expense (money out). (a) False (b) True
6. 6.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
7. 7.A stall’s fixed costs are ₹135. Each jute bag costs ₹26 to make and sells for ₹35. How many must be sold to break even?
8. 8.Kavya’s stall made a profit of ₹1500. Kavya saves 25% of it. How many rupees are saved?
9. 9.A stall’s fixed costs are ₹93 and each paper bookmark makes ₹3 profit. Aarav sells 37. What is the profit after paying the fixed costs (in ₹)?
10. 10.Saanvi asked 25 people about a card stall and 23 said yes. What percent said yes?
11. 11.🔎 Is this a problem or a solution idea: “old books thrown away”? (a) a solution idea (b) a problem
12. 12.🔎 Is this a problem or a solution idea: “a plant-watering service”? (a) a problem (b) a solution idea
13. 13.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
14. 14.True or false: “Would you buy this at the school fair?” is an unhelpful research question. (a) False (b) True
15. 15.🚀 Which step of starting a business is this: fix what people disliked? (a) step 2 (b) step 1 (c) step 3 (d) step 5
16. 16.Which of these is good customer service? (a) a sticky, messy table (b) serving friends first (c) clean, covered food (d) arguing with a buyer
17. 17.🛒 Need or want: a school uniform? (a) a need (b) a want
18. 18.Which of these is an unhelpful habit for an entrepreneur? (a) keeping promises (b) trying small first (c) copying a rival exactly (d) learning from mistakes
19. 19.📣 Is this stall message honest and clear, or misleading? “Fresh lemonade, ₹10 a cup, Stall 4” (a) honest and clear (b) misleading
20. 20.Meera’s record for the day:
    Income: ₹20 (morning sales)
    Income: ₹200 (evening sales)
    Expense: ₹50 (paper cups)
    Expense: ₹30 (sugar)
    What is the profit (in ₹)?
21. 21.Which of these is word of mouth? (a) chat at the bus stop (b) a notice-board sheet (c) a flyer in the lift (d) a short video post
22. 22.To make 50 glasses of chai, Tara spends ₹60 on tea leaves, ₹45 on milk and ₹45 on paper cups. What does one cost to make (in ₹)?
23. 23.📋 What is market research? (a) making a logo (b) printing posters (c) asking what buyers want (d) counting your money
24. 24.Which of these is a need? (a) a third pair of shoes (b) medicine when ill (c) a toy robot (d) designer sunglasses
25. 25.Which of these is an unhelpful habit for an entrepreneur? (a) working with a team (b) giving up after one try (c) saving for the business (d) planning ahead
26. 26.One jute bag costs ₹40 to make. Nisha adds a 25% markup. What is the selling price (in ₹)?
27. 27.🚀 Which step of starting a business is this: ask possible customers? (a) step 3 (b) step 5 (c) step 2 (d) step 7
28. 28.It costs ₹10 to make one bag of popcorn. Riya sells it for ₹22. What is the profit on one (in ₹)?
29. 29.Lakshmi’s fair stall pays a ₹30 stall fee and ₹30 for materials. It sells 30 fruit cups at ₹5 each. What is the profit (in ₹)?
30. 30.Ananya plans to make 34 cupcakes. Each needs ₹2 of materials, and a banner costs ₹220 once. What total budget is needed (in ₹)?
31. 31.A batch of 20 cups of lemonade costs ₹120 to make. Arjun sells each one for ₹13. What is the profit on each one (in ₹)?
32. 32.🎯 Who is the main target customer for large-print calendars? (a) pet owners (b) elderly people (c) gardeners (d) school students
33. 33.Which product is mainly for pet owners? (a) newspaper reading aloud (b) cloth toys for cats (c) video-call help (d) colouring sheets
34. 34.🔍 Which is the odd one out? (a) a flyer in the lift (b) a sign at the stall (c) a teacher recommends it (d) a notice-board sheet
35. 35.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
36. 36.Which of these is a helpful habit for an entrepreneur? (a) spending all the profit (b) learning from mistakes (c) copying a rival exactly (d) breaking promises
37. 37.A stall’s fixed costs are ₹385 and each cup of lemonade makes ₹11 profit. Ananya has sold 31 cups of lemonade so far. Has the stall broken even yet? (a) Yes (b) No
38. 38.🎯 What is a target customer? (a) your competitor (b) the group you sell to (c) every person on Earth (d) only your best friend
39. 39.🔍 Which is the odd one out? (a) breaking their sign (b) spreading rumours (c) faster service (d) copying a rival’s logo
40. 40.One cupcake costs ₹30 to make. Saanvi adds a 100% markup. What is the profit on one (in ₹)?

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