Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 27 · 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.🔎 Is this a problem or a solution idea: “maths help for juniors”? (a) a problem (b) a solution idea
2. 2.2 friends run a stall selling handmade cards and make a profit of ₹280. They share it equally. How many rupees does each friend get?
3. 3.📝 A customer has an idea to improve your cards. You should… (a) tell them to go (b) argue (c) thank them and note it (d) ignore it
4. 4.It costs ₹19 to make one paper bookmark. Joseph sells it for ₹25. What is the profit on one (in ₹)?
5. 5.🔒 What should NEVER go in a stall post? (a) the stall name (b) your home address (c) what you sell (d) the price
6. 6.Which of these is a helpful habit for an entrepreneur? (a) never asking anyone (b) staying curious (c) breaking promises (d) copying a rival exactly
7. 7.True or false: “Where do you buy bookmarks now?” is a helpful research question. (a) True (b) False
8. 8.🎯 Who is the main target customer for cloth toys for cats? (a) school students (b) young children (c) elderly people (d) pet owners
9. 9.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
10. 10.🧴 Water bottles in class keep getting mixed up. Which idea solves it? (a) louder school bells (b) a kite stall (c) more homework (d) bottle name stickers
11. 11.🛡️ Safe or unsafe for a kids’ business: an adult at the stove? (a) a safe practice (b) an unsafe practice
12. 12.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) a new video game
13. 13.🎪 Your stall is at a school fair. Who are most of the visitors? (a) tourists (b) airline pilots (c) students and parents (d) farmers
14. 14.One bag of popcorn costs ₹30 to make and Farhan sells it for ₹60. What is the markup in percent?
15. 15.🧮 A 50% markup on a ₹20 cost adds… (a) 5 rupees (b) 20 rupees (c) 10 rupees (d) 50 rupees
16. 16.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
17. 17.Aarav’s stall made a profit of ₹1100. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
18. 18.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) water guns (d) hot drinks
19. 19.True or false: “selling alone after dark” is a safe practice. (a) True (b) False
20. 20.Which of these is true of a company? (a) a separate legal body (b) owner owes the debts (c) one owner runs it (d) simplest to start
21. 21.It costs ₹36 to make one cup of lemonade. On the last day Aarav sells it for only ₹35. How much is the loss on one (in ₹)?
22. 22.🛒 Need or want: rice and dal? (a) a need (b) a want
23. 23.📣 Is this stall message honest and clear, or misleading? “Handmade cards, ₹30 each, made by Class 7” (a) honest and clear (b) misleading
24. 24.🔍 Which is the odd one out? (a) a sign at the stall (b) a notice-board sheet (c) a chart by the gate (d) chat at the bus stop
25. 25.🔍 Three of these are for the same customers. Which is the odd one out? (a) cloth toys for cats (b) pet-bowl cleaning (c) seedlings in pots (d) dog-treat biscuits
26. 26.A batch of 25 glasses of chai costs ₹150 to make. Kavya sells each one for ₹15. What is the profit on each one (in ₹)?
27. 27.A batch of 25 paper bookmarks costs ₹150 to make. What does one cost to make (in ₹)?
28. 28.🗣️ The cheapest marketing is often… (a) happy customers (b) huge billboards (c) shouting (d) TV adverts
29. 29.🔍 Which is the odd one out? (a) a roof over your head (b) drinking water (c) a party dress (d) medicine when ill
30. 30.🏷️ Good or poor business name: “Sunny Sips”? (a) a poor business name (b) a good business name
31. 31.🪧 What must a good poster say? (a) nothing clear (b) what, price, where, when (c) only the logo (d) a secret code
32. 32.🧪 Why make a small test batch before a big launch? (a) to look busy (b) to waste money (c) it is a rule (d) to learn cheaply
33. 33.🎨 Why not copy a famous logo? (a) it is someone else’s (b) it is too easy (c) logos are free (d) copying is smart
34. 34.📣 Which kind of marketing is this: a chart by the gate? (a) social media (b) word of mouth (c) a poster
35. 35.True or false: “sugar” is a one-time cost. (a) False (b) True
36. 36.🏢 Sole trader or company: simplest to start? (a) a sole trader (b) a company
37. 37.🔍 Which is the odd one out? (a) a used-book swap stall (b) pets alone all day (c) a shade-cloth project (d) phone help for elders
38. 38.🔍 Which is the odd one out? (a) visiting strangers alone (b) sharing your address (c) selling alone after dark (d) washing hands first
39. 39.👥 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
40. 40.Which of these is the maker’s job? (a) writes each sale down (b) plans the stall sign (c) takes the money (d) makes the cards

Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids