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Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 32 · 40 questions
TalentJR

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.

NameDateTime takenScore ___ / 40
  1. 1.Ananya asked 20 people about a plant sale and 95% said yes. How many people said yes?
  2. 2.Which of these is not a unique selling point? (a) personalised with names (b) made from waste paper (c) it is a product (d) delivered to your door
  3. 3.Zoya’s record for a rainy day:
    Income: ₹220 (sales)
    Expense: ₹80 (ribbon)
    Expense: ₹170 (paper cups)
    How much is the loss (in ₹)?
  4. 4.Which of these is a solution idea? (a) no shade at the bus stop (b) elders find phones hard (c) a plant-watering service (d) no healthy snack nearby
  5. 5.Aarav’s stall made a profit of ₹800. Aarav saves 50% of it. How many rupees are saved?
  6. 6.One potted plant costs ₹60 to make. Lakshmi adds a 20% markup. What is the selling price (in ₹)?
  7. 7.Which of these is a fair way to compete? (a) breaking their sign (b) grabbing their spot (c) a new flavour (d) copying a rival’s logo
  8. 8.🔍 Three of these are for the same customers. Which is the odd one out? (a) puppet shows (b) colouring sheets (c) balloon animals (d) cloth toys for cats
  9. 9.Diya’s record for the day:
    Income: ₹20 (morning sales)
    Income: ₹380 (evening sales)
    Expense: ₹100 (lemons)
    Expense: ₹80 (card paper)
    What is the profit (in ₹)?
  10. 10.True or false: “What do you dislike about the snacks now?” is an unhelpful research question. (a) True (b) False
  11. 11.🤝 At a team stall, whose job is it? Someone packs the snacks. (a) the cashier (b) the marketer (c) the maker (d) the record keeper
  12. 12.🔍 Which is the odd one out? (a) skipping the planning (b) being honest (c) spotting problems (d) asking customers
  13. 13.True or false: for large-print calendars, young children are the target customers. (a) True (b) False
  14. 14.True or false: “seeds and soil” is a one-time cost. (a) False (b) True
  15. 15.One handmade card costs ₹25 to make. Vihaan adds a 20% markup. What is the profit on one (in ₹)?
  16. 16.Meera pays ₹36 for a table and a banner (fixed costs). Each cupcake sold makes ₹4 profit. How many must be sold to break even?
  17. 17.😊 Good or poor customer service: giving correct change? (a) poor service (b) good service
  18. 18.A stall’s fixed costs are ₹296 and each jute bag makes ₹8 profit. Aarav sells 51. What is the profit after paying the fixed costs (in ₹)?
  19. 19.Ananya’s fair stall pays a ₹310 stall fee and ₹315 for materials, and sells each cupcake for ₹25. How many must be sold to cover all the costs?
  20. 20.🔍 Which is the odd one out? (a) dirty hands with food (b) sorry for a long wait (c) counting change wrongly (d) a sticky, messy table
  21. 21.Vihaan has ₹270 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Vihaan can buy?
  22. 22.🔍 Three of these are for the same customers. Which is the odd one out? (a) homemade compost (b) balloon animals (c) seedlings in pots (d) plant name labels
  23. 23.True or false: “leaving cash lying out” is an unsafe practice. (a) False (b) True
  24. 24.Vihaan’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.🔍 Which is the odd one out? (a) we are open (b) made from waste paper (c) it is a product (d) it has a price
  26. 26.True or false: “a third pair of shoes” is a want. (a) False (b) True
  27. 27.🔍 Which is the odd one out? (a) juniors find maths hard (b) elders find phones hard (c) bottle name stickers (d) no healthy snack nearby
  28. 28.A stall’s fixed costs are ₹20 and each jute bag makes ₹4 profit. Riya sells 6. What is the profit after paying the fixed costs (in ₹)?
  29. 29.🌱 What is the best way to start a first business? (a) start small and test (b) quit school for it (c) copy a big company (d) borrow a lot at once
  30. 30.💡 An entrepreneur is a person who… (a) starts a business (b) only buys things (c) works for a salary (d) never takes a risk
  31. 31.A small business sells 12 jute bags at ₹45 each. What is its revenue (in ₹)?
  32. 32.A stall’s fixed costs are ₹189. Each cup of lemonade costs ₹21 to make and sells for ₹28. How many must be sold to break even?
  33. 33.One glass of chai costs ₹30 to make and Aarav sells it for ₹36. What is the markup in percent?
  34. 34.Joseph’s fair stall pays a ₹40 stall fee and ₹500 for materials, and sells each friendship band for ₹30. How many must be sold to cover all the costs?
  35. 35.Which of these is not a unique selling point? (a) a new flavour each week (b) free name tags (c) it has a price (d) delivered to your door
  36. 36.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 50% of it. How many rupees are saved?
  37. 37.🔍 Which is the odd one out? (a) breaking promises (b) asking customers (c) staying curious (d) saving for the business
  38. 38.📣 Which kind of marketing is this: a flyer in the lift? (a) a poster (b) social media (c) word of mouth
  39. 39.A batch of 10 handmade cards costs ₹20 to make. What does one cost to make (in ₹)?
  40. 40.True or false: “false health claims” is honest business. (a) True (b) False

Answer key

  1. 19
  2. it is a product
  3. 30
  4. a plant-watering service
  5. 400
  6. 72
  7. a new flavour
  8. cloth toys for cats
  9. 220
  10. False
  11. the maker
  12. skipping the planning
  13. False
  14. False
  15. 5
  16. 9
  17. good service
  18. 112
  19. 25
  20. sorry for a long wait
  21. 54
  22. balloon animals
  23. True
  24. 850
  25. made from waste paper
  26. True
  27. bottle name stickers
  28. 4
  29. start small and test
  30. starts a business
  31. 540
  32. 27
  33. 20
  34. 18
  35. it has a price
  36. 300
  37. breaking promises
  38. a poster
  39. 2
  40. False

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