Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 37 · 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: “bottle name stickers” is a solution idea. (a) False (b) True
2. 2.A small business sells 35 fruit cups at ₹20 each. Its costs are ₹270. What is its profit (in ₹)?
3. 3.🔍 Which is the odd one out? (a) a toy robot (b) soap (c) a video game (d) a fancy phone cover
4. 4.💰 Profit is… (a) all money from sales (b) the price of one item (c) money you borrow (d) money left after costs
5. 5.🧮 Cost of one item from a batch = (a) batch cost × number (b) number ÷ batch cost (c) price − cost (d) batch cost ÷ number
6. 6.📣 Is this stall message honest and clear, or misleading? “Best lemonade in the whole world!!!” (a) misleading (b) honest and clear
7. 7.True or false: “Qxzrt Plvv” is a poor business name. (a) True (b) False
8. 8.🤔 Besides cost, what should a price think about? (a) what buyers will pay (b) nothing else (c) your favourite number (d) the weather only
9. 9.True or false: “a cooler box” is a one-time cost. (a) True (b) False
10. 10.🤝 At a team stall, whose job is it? Someone pots the plants. (a) the marketer (b) the maker (c) the record keeper (d) the cashier
11. 11.🔍 Three of these are for the same customers. Which is the odd one out? (a) notebook covering (b) timetable bookmarks (c) exam revision cards (d) video-call help
12. 12.📝 Before any kids’ business, what comes first? (a) buying stock (b) taking a loan (c) parents’ permission (d) printing posters
13. 13.🏷️ Cost price or selling price: money got from a sale? (a) cost price (b) selling price
14. 14.🏷️ Cost price or selling price: what you paid for it? (a) cost price (b) selling price
15. 15.🚀 Which step of starting a business is this: count profit and learn? (a) step 7 (b) step 1 (c) step 2 (d) step 5
16. 16.True or false: “trying small first” is an unhelpful habit for an entrepreneur. (a) False (b) True
17. 17.Meera’s fair stall pays a ₹140 stall fee and ₹420 for materials. It sells 35 bags of popcorn at ₹20 each. What is the profit (in ₹)?
18. 18.🚀 Which step of starting a business is this: think of an idea? (a) step 3 (b) step 2 (c) step 7 (d) step 5
19. 19.🧪 Why make a small test batch before a big launch? (a) it is a rule (b) to waste money (c) to look busy (d) to learn cheaply
20. 20.🔍 Which is the odd one out? (a) a bigger TV (b) school shoes (c) a school uniform (d) a roof over your head
21. 21.True or false: “spotting problems” is a helpful habit for an entrepreneur. (a) True (b) False
22. 22.Which of these is a helpful habit for an entrepreneur? (a) planning ahead (b) blaming others (c) giving up after one try (d) ignoring complaints
23. 23.Diya’s stall made a profit of ₹1400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
24. 24.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
25. 25.🤝 At a team stall, whose job is it? Someone adds up the costs. (a) the maker (b) the marketer (c) the cashier (d) the record keeper
26. 26.🛒 Need or want: school shoes? (a) a need (b) a want
27. 27.To make 50 paper bookmarks, Rohan spends ₹390 on card paper, ₹5 on ribbon and ₹5 on stickers. What does one cost to make (in ₹)?
28. 28.Which of these is a helpful habit for an entrepreneur? (a) blaming others (b) copying a rival exactly (c) working with a team (d) skipping the planning
29. 29.🛒 Need or want: a roof over your head? (a) a want (b) a need
30. 30.Tara pays ₹275 for a table and a banner (fixed costs). Each glass of chai sold makes ₹11 profit. How many must be sold to break even?
31. 31.🚀 Starting a business: which comes first — keep records and review or try out a sample? (a) keep records and review (b) try out a sample
32. 32.One bag of popcorn costs ₹12 to make. Tara adds a 25% markup. What is the profit on one (in ₹)?
33. 33.🎨 Good or poor logo idea: clear at a small size? (a) a good logo idea (b) a poor logo idea
34. 34.True or false: “hot oil near small kids” is a safe practice. (a) True (b) False
35. 35.🚀 Starting a business: which comes first — try out a sample or see what bugs people? (a) try out a sample (b) see what bugs people
36. 36.A small business selling potted plants had a revenue of ₹1080 and a profit of ₹710. What were its costs (in ₹)?
37. 37.👥 Whom should you ask about a snack for Class 6? (a) a shopkeeper far away (b) only yourself (c) Class 6 students (d) only your parents
38. 38.Ananya’s stall took in ₹270 on Friday, ₹60 on Saturday and ₹150 on Sunday. What was the total income (in ₹)?
39. 39.It costs ₹52 to make one cup of lemonade. Dev sells it for ₹65. What is the profit on one (in ₹)?
40. 40.3 friends run a stall selling handmade cards and make a profit of ₹510. They share it equally. How many rupees does each friend get?

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