Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 21 · 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.True or false: for video-call help, elderly people are the target customers. (a) False (b) True
2. 2.🔍 Which is the odd one out? (a) a post on a family page (b) a friend tells a friend (c) a parent’s status post (d) an online photo update
3. 3.True or false: “keeping promises” is an unhelpful habit for an entrepreneur. (a) False (b) True
4. 4.A batch of 25 handmade cards costs ₹275 to make. What does one cost to make (in ₹)?
5. 5.😊 Good or poor customer service: fixing mistakes quickly? (a) poor service (b) good service
6. 6.A stall’s fixed costs are ₹65 and each glass of chai makes ₹13 profit. Aarav has sold 9 glasses of chai so far. Has the stall broken even yet? (a) No (b) Yes
7. 7.🏷️ Good or poor business name: “Shop”? (a) a good business name (b) a poor business name
8. 8.One jute bag costs ₹60 to make. Dev adds a 10% markup. What is the selling price (in ₹)?
9. 9.True or false: “rice and dal” is a need. (a) False (b) True
10. 10.Which product is mainly for gardeners? (a) newspaper reading aloud (b) exam revision cards (c) pet-bowl cleaning (d) plant name labels
11. 11.Which of these is a need? (a) a third pair of shoes (b) a toy robot (c) a roof over your head (d) designer sunglasses
12. 12.🚀 Which step of starting a business is this: think of an idea? (a) step 3 (b) step 2 (c) step 1 (d) step 4
13. 13.🛡️ Safe or unsafe for a kids’ business: visiting strangers alone? (a) an unsafe practice (b) a safe practice
14. 14.🎯 Who is the main target customer for newspaper reading aloud? (a) gardeners (b) pet owners (c) elderly people (d) young children
15. 15.Rohan plans to make 20 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
16. 16.Which of these is a poor business name? (a) “Shop” (b) “Chai Corner” (c) “Maths Buddies” (d) “Sunny Sips”
17. 17.🔍 Which is the odd one out? (a) sugar (b) lemons (c) a price board (d) tea leaves and milk
18. 18.🧪 Why make a small test batch before a big launch? (a) to waste money (b) to learn cheaply (c) to look busy (d) it is a rule
19. 19.Gurpreet’s fair stall pays a ₹170 stall fee and ₹550 for materials, and sells each friendship band for ₹20. How many must be sold to cover all the costs?
20. 20.Which of these is a clear unique selling point? (a) made from waste paper (b) we are open (c) it has a price (d) same as every stall
21. 21.Farhan’s fair stall pays a ₹20 stall fee and ₹110 for materials. It sells 42 painted pebbles at ₹10 each. What is the profit (in ₹)?
22. 22.It costs ₹51 to make one fruit cup. On the last day Kabir sells it for only ₹45. How much is the loss on one (in ₹)?
23. 23.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) a cinema ticket (d) an emergency fund
24. 24.Which of these is the maker’s job? (a) gives the change (b) plans the stall sign (c) packs the snacks (d) adds up the costs
25. 25.🔍 Which is the odd one out? (a) a warm blanket (b) a school uniform (c) bus fare to school (d) a video game
26. 26.True or false: “giving correct change” is good customer service. (a) False (b) True
27. 27.🛒 Need or want: a toy robot? (a) a want (b) a need
28. 28.🤝 At a team stall, whose job is it? Someone designs the poster. (a) the marketer (b) the record keeper (c) the maker (d) the cashier
29. 29.🚀 Which step of starting a business is this: fix what people disliked? (a) step 2 (b) step 5 (c) step 6 (d) step 7
30. 30.🎯 Who is the main target customer for plant name labels? (a) elderly people (b) pet owners (c) gardeners (d) young children
31. 31.🔢 Asking 30 people or 3 people — which tells you more? (a) 3 people (b) both the same (c) neither (d) 30 people
32. 32.🪙 Your customers are Class 3 kids. Which price suits them? (a) a pocket-money price (b) a very high price (c) no fixed price (d) a secret price
33. 33.🔍 Which is the odd one out? (a) working with a team (b) saving for the business (c) staying curious (d) breaking promises
34. 34.🚀 Which step of starting a business is this: see what bugs people? (a) step 3 (b) step 7 (c) step 1 (d) step 5
35. 35.A stall’s fixed costs are ₹116. Each clay diya costs ₹5 to make and sells for ₹9. How many must be sold to break even?
36. 36.A stall’s fixed costs are ₹600. Each cupcake costs ₹19 to make and sells for ₹34. How many must be sold to break even?
37. 37.🏷️ Good or poor business name: “Things”? (a) a poor business name (b) a good business name
38. 38.🎪 School-fair stall plan: which comes first — serve customers or work out the profit? (a) serve customers (b) work out the profit
39. 39.⚖️ “Break-even” means… (a) you borrowed money (b) you stopped selling (c) sales = all costs (d) profit is huge
40. 40.🏷️ Cost price or selling price: the price on your board? (a) selling price (b) cost price

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