Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 35 · 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: “maths help for juniors” is a problem people have. (a) True (b) False
2. 2.Which product is mainly for gardeners? (a) newspaper reading aloud (b) pet-bowl cleaning (c) plant name labels (d) large-print calendars
3. 3.Vihaan asked 49 classmates about a popcorn stall. 38 said they would buy. How many said they would not?
4. 4.True or false: “a plant-watering service” is a solution idea. (a) False (b) True
5. 5.🔍 Which is the odd one out? (a) giving correct change (b) a sticky, messy table (c) listening to complaints (d) sorry for a long wait
6. 6.🔍 Which is the odd one out? (a) lying about a rival (b) posting fake reviews (c) grabbing their spot (d) friendlier service
7. 7.Saanvi’s record for the day:
   Income: ₹30 (morning sales)
   Income: ₹120 (evening sales)
   Expense: ₹40 (ribbon)
   Expense: ₹90 (lemons)
   What is the profit (in ₹)?
8. 8.📣 Which kind of marketing is this: a notice-board sheet? (a) social media (b) word of mouth (c) a poster
9. 9.📉 A price below the cost leads to… (a) free stock (b) break-even (c) a profit (d) a loss
10. 10.Saanvi’s fair stall pays a ₹400 stall fee and ₹530 for materials. It sells 47 cupcakes at ₹30 each. What is the profit (in ₹)?
11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
12. 12.🔍 Which is the odd one out? (a) a short video post (b) an online photo update (c) a buyer tells her cousin (d) a parent’s status post
13. 13.Gurpreet’s stall made a profit of ₹1600. Gurpreet saves 25% of it. How many rupees are saved?
14. 14.A stall’s fixed costs are ₹378 and each jute bag makes ₹14 profit. Lakshmi sells 45. What is the profit after paying the fixed costs (in ₹)?
15. 15.🔍 Which is the odd one out? (a) “The Losers’ Stall” (b) “Bright Bookmarks” (c) “Sunny Sips” (d) “Paper Petals Cards”
16. 16.True or false: “simplest to start” is true of a sole trader. (a) True (b) False
17. 17.🔍 Which is the odd one out? (a) a plant-watering service (b) maths help for juniors (c) no healthy snack nearby (d) a used-book swap stall
18. 18.🔍 Which is the odd one out? (a) a tidy stall table (b) listening to complaints (c) giving correct change (d) hiding the prices
19. 19.Which of these is a need? (a) designer sunglasses (b) a party dress (c) medicine when ill (d) a glitter pen set
20. 20.🎂 Can a 14-year-old run a business on their own? (a) only at night (b) only with adult help (c) yes, no one needed (d) never ever
21. 21.🗺️ How can you learn about your target customers? (a) copy a rival (b) ask nobody (c) ask and watch them (d) guess at home
22. 22.📝 A customer has an idea to improve your cards. You should… (a) argue (b) ignore it (c) tell them to go (d) thank them and note it
23. 23.To make 20 cupcakes, Kabir spends ₹70 on flour, ₹120 on butter and ₹30 on paper cases. What does one cost to make (in ₹)?
24. 24.👔 Who does this — an entrepreneur or an employee? Someone who keeps the profit or loss. (a) an entrepreneur (b) an employee
25. 25.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
26. 26.Which of these is the marketer’s job? (a) plans the stall sign (b) makes the cards (c) packs the snacks (d) takes the money
27. 27.📣 Which kind of marketing is this: an online photo update? (a) social media (b) a poster (c) word of mouth
28. 28.🔍 Which is the odd one out? (a) notebooks for school (b) designer sunglasses (c) a roof over your head (d) rice and dal
29. 29.📋 Helpful or unhelpful research question: “What did you eat on your birthday last year?” (a) an unhelpful question (b) a helpful question
30. 30.Which of these is a helpful habit for an entrepreneur? (a) keeping promises (b) copying a rival exactly (c) blaming others (d) breaking promises
31. 31.Aarav pays ₹14 for a table and a banner (fixed costs). Each paper bookmark sold makes ₹2 profit. How many must be sold to break even?
32. 32.🧾 A fixed cost is one that… (a) is paid by customers (b) is not paid per item (c) grows with each item (d) is always zero
33. 33.🔍 Three of these are for the same customers. Which is the odd one out? (a) cloth toys for cats (b) video-call help (c) large-print calendars (d) newspaper reading aloud
34. 34.🔍 Which is the odd one out? (a) medicine when ill (b) sweets every day (c) rice and dal (d) notebooks for school
35. 35.Which of these is poor customer service? (a) fixing mistakes quickly (b) sorry for a long wait (c) a tidy stall table (d) arguing with a buyer
36. 36.🎉 After the break-even point, each extra item sold… (a) adds loss (b) changes nothing (c) adds profit (d) is free
37. 37.🏷️ Cost price or selling price: money got from a sale? (a) cost price (b) selling price
38. 38.🔍 Which is the odd one out? (a) hot oil near small kids (b) leaving cash lying out (c) keeping cash in a box (d) knives with no adult
39. 39.True or false: “cash from selling plants” is income (money in). (a) True (b) False
40. 40.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending

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