Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 25 · 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 need? (a) designer sunglasses (b) sweets every day (c) a video game (d) a school uniform
2. 2.😊 Good or poor customer service: listening to complaints? (a) good service (b) poor service
3. 3.One jute bag costs ₹46 to make and Aarav sells it for ₹69. What is the markup in percent?
4. 4.🔁 Why use the same colours on posters and the stall? (a) no reason (b) it costs more (c) people recognise you (d) to confuse buyers
5. 5.🔍 Which is the odd one out? (a) keeping cash in a box (b) visiting strangers alone (c) sharing your address (d) hot oil near small kids
6. 6.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) nobody buys needs (d) needs are always free
7. 7.🧾 Is it OK to say your cookies are “sugar-free” when they are not? (a) no, it is dishonest (b) only on weekends (c) yes, everyone does (d) yes, if it sells
8. 8.A stall’s fixed costs are ₹234 and each cup of lemonade makes ₹9 profit. Riya has sold 25 cups of lemonade so far. Has the stall broken even yet? (a) No (b) Yes
9. 9.📋 Helpful or unhelpful research question: “Where do you buy bookmarks now?” (a) an unhelpful question (b) a helpful question
10. 10.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
11. 11.📚 Families throw away old school books every year. Which idea helps? (a) a new bookshop (b) a toy sale (c) a used-book swap (d) a juice stall
12. 12.Which of these is income (money in)? (a) cash from selling plants (b) paying the stall fee (c) buying paper cups (d) printing posters
13. 13.🔍 Which is the odd one out? (a) takes the money (b) makes the cards (c) checks the cash box (d) gives the change
14. 14.🏷️ Cost-plus pricing means… (a) guess any price (b) copy a rival (c) cost + a markup (d) cost − a markup
15. 15.🎯 Who is the main target customer for large-print calendars? (a) pet owners (b) school students (c) gardeners (d) elderly people
16. 16.One bag of popcorn costs ₹10 to make. Meera wants a profit of ₹20 on each. What should the selling price be (in ₹)?
17. 17.Which product is mainly for elderly people? (a) homemade compost (b) large-print calendars (c) puppet shows (d) balloon animals
18. 18.🎯 Who is the main target customer for dog-treat biscuits? (a) young children (b) pet owners (c) elderly people (d) gardeners
19. 19.True or false: for puppet shows, young children are the target customers. (a) False (b) True
20. 20.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
21. 21.Which of these is a problem people have? (a) a pet-sitting service (b) old books thrown away (c) a shade-cloth project (d) phone help for elders
22. 22.Nisha’s fair stall pays a ₹120 stall fee and ₹270 for materials, and sells each painted pebble for ₹30. How many must be sold to cover all the costs?
23. 23.True or false: “counting change wrongly” is poor customer service. (a) True (b) False
24. 24.Which of these is a running cost? (a) lemons (b) a folding table (c) a cooler box (d) a juicer
25. 25.📅 How should a team share out the profit? (a) a secret way (b) as agreed beforehand (c) nobody gets any (d) the loudest takes all
26. 26.Diya plans to make 35 glasses of chai. Each needs ₹6 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
27. 27.🔎 Is this a problem or a solution idea: “no shade at the bus stop”? (a) a problem (b) a solution idea
28. 28.🎨 Why not copy a famous logo? (a) it is too easy (b) logos are free (c) copying is smart (d) it is someone else’s
29. 29.Lakshmi plans to make 41 cups of lemonade. Each needs ₹2 of materials, and a banner costs ₹130 once. What total budget is needed (in ₹)?
30. 30.📋 What is market research? (a) making a logo (b) asking what buyers want (c) counting your money (d) printing posters
31. 31.🎪 School-fair stall plan: which comes first — prepare the items or work out the profit? (a) prepare the items (b) work out the profit
32. 32.🤝 At a team stall, whose job is it? Someone takes the money. (a) the record keeper (b) the maker (c) the marketer (d) the cashier
33. 33.🗣️ Testers say your cupcakes are too sweet. What is the next step? (a) launch it as it is (b) raise the price (c) improve the recipe (d) stop listening
34. 34.One bag of popcorn costs ₹58 to make. Diya adds a 50% markup. What is the selling price (in ₹)?
35. 35.Which of these is a solution idea? (a) a pet-sitting service (b) juniors find maths hard (c) water bottles get lost (d) old books thrown away
36. 36.Which of these is good customer service? (a) counting change wrongly (b) fixing mistakes quickly (c) dirty hands with food (d) arguing with a buyer
37. 37.🏢 Sole trader or company: one owner runs it? (a) a company (b) a sole trader
38. 38.Rohan has ₹160 to spend on packets of seeds. One packet of seeds costs ₹6. What is the greatest number of packets of seeds Rohan can buy?
39. 39.Which of these is a solution idea? (a) a plant-watering service (b) water bottles get lost (c) old books thrown away (d) no healthy snack nearby
40. 40.True or false: “Price: ask me, it depends on you 😉” is honest and clear. (a) False (b) True

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