Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 23 · 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 is the odd one out? (a) a party dress (b) drinking water (c) a third pair of shoes (d) designer sunglasses
2. 2.Which of these is a helpful habit for an entrepreneur? (a) spending all the profit (b) giving up after one try (c) learning from mistakes (d) ignoring complaints
3. 3.Saanvi’s stall made a profit of ₹1000. Saanvi saves 10% of it. How many rupees are saved?
4. 4.Joseph’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
5. 5.🔍 Three of these are for the same customers. Which is the odd one out? (a) newspaper reading aloud (b) colouring sheets (c) balloon animals (d) puppet shows
6. 6.A batch of 50 bags of popcorn costs ₹200 to make. What does one cost to make (in ₹)?
7. 7.📝 A customer has an idea to improve your cards. You should… (a) ignore it (b) thank them and note it (c) tell them to go (d) argue
8. 8.Which of these is a problem people have? (a) a fruit-cup stall (b) a pet-sitting service (c) water bottles get lost (d) phone help for elders
9. 9.🛡️ Safe or unsafe for a kids’ business: hot oil near small kids? (a) an unsafe practice (b) a safe practice
10. 10.🚀 Helpful or unhelpful for an entrepreneur: saving for the business? (a) an unhelpful habit (b) a helpful habit
11. 11.A stall’s fixed costs are ₹360 and each glass of chai makes ₹15 profit. Saanvi sells 29. What is the profit after paying the fixed costs (in ₹)?
12. 12.A small business selling paper bookmarks had a revenue of ₹245 and a profit of ₹15. What were its costs (in ₹)?
13. 13.True or false: “sweets every day” is a want. (a) True (b) False
14. 14.True or false: someone who owns the business — that is what an employee does. (a) True (b) False
15. 15.👔 Who does this — an entrepreneur or an employee? Someone who keeps the profit or loss. (a) an entrepreneur (b) an employee
16. 16.⭐ Is this a clear unique selling point (USP): “it is a product”? (a) a clear USP (b) not a USP
17. 17.One handmade card costs Farhan ₹45 to make and sells for ₹48. Is that a profit or a loss? (a) Profit (b) Loss
18. 18.True or false: “Fresh lemonade, ₹10 a cup, Stall 4” is misleading. (a) False (b) True
19. 19.🍎 Kids have no healthy snack near school. Which idea helps? (a) a sticker stall (b) a fruit-cup stall (c) a fried chips stall (d) a comic swap
20. 20.🌧️ Your plant stall is outdoors. What is a risk? (a) a nice logo (b) clear prices (c) too many buyers (d) rain on sale day
21. 21.🔎 Is this a problem or a solution idea: “no shade at the bus stop”? (a) a solution idea (b) a problem
22. 22.👔 Who does this — an entrepreneur or an employee? Someone who follows the owner’s plan. (a) an employee (b) an entrepreneur
23. 23.😊 Good or poor customer service: clean, covered food? (a) good service (b) poor service
24. 24.⚖️ Honest or dishonest business: secret higher prices? (a) honest (b) dishonest
25. 25.🎯 Who is the main target customer for notebook covering? (a) pet owners (b) elderly people (c) young children (d) school students
26. 26.True or false: “a fancy phone cover” is a want. (a) True (b) False
27. 27.Which of these is a solution idea? (a) no healthy snack nearby (b) bottle name stickers (c) plants die in holidays (d) juniors find maths hard
28. 28.Which of these is true of a sole trader? (a) a separate legal body (b) run by directors (c) owners’ risk is limited (d) one owner runs it
29. 29.A batch of 25 handmade cards costs ₹275 to make. Kavya sells each one for ₹21. What is the profit on each one (in ₹)?
30. 30.🔍 Which is the odd one out? (a) lemons (b) a juicer (c) a cloth banner (d) a cooler box
31. 31.Which of these is a solution idea? (a) water bottles get lost (b) phone help for elders (c) old books thrown away (d) pets alone all day
32. 32.A batch of 50 fruit cups costs ₹400 to make. What does one cost to make (in ₹)?
33. 33.Which of these is the maker’s job? (a) writes each sale down (b) makes the cards (c) gives the change (d) calls out the offers
34. 34.Which of these is a poor logo idea? (a) a blurry photo (b) clear at a small size (c) a simple lemon shape (d) easy to draw by hand
35. 35.Which of these is a poster? (a) a parent’s status post (b) a teacher recommends it (c) a sign at the stall (d) a post on a family page
36. 36.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) nothing at all (d) a want: games
37. 37.True or false: “bottle name stickers” is a solution idea. (a) True (b) False
38. 38.Which of these is income (money in)? (a) buying paper cups (b) paying the stall fee (c) printing posters (d) money from sales
39. 39.🎂 Can a 14-year-old run a business on their own? (a) only with adult help (b) never ever (c) yes, no one needed (d) only at night
40. 40.🏷️ Cost price or selling price: money spent to get it? (a) cost price (b) selling price

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