Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 38 · 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.📍 Where should a plant stall look for customers? (a) inside a cinema (b) at a swimming pool (c) on a train roof (d) near homes with gardens
2. 2.📒 Income or expense: tutoring fees received? (a) expense (b) income
3. 3.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
4. 4.📣 Which kind of marketing is this: a notice-board sheet? (a) social media (b) a poster (c) word of mouth
5. 5.Which of these is a problem people have? (a) a fruit-cup stall (b) a plant-watering service (c) pets alone all day (d) phone help for elders
6. 6.📝 A customer has an idea to improve your cards. You should… (a) thank them and note it (b) tell them to go (c) ignore it (d) argue
7. 7.🔍 Three of these are for the same customers. Which is the odd one out? (a) dog-treat biscuits (b) exam revision cards (c) cloth toys for cats (d) pet-bowl cleaning
8. 8.Which of these is a one-time cost? (a) paper cups (b) a cash box (c) ice (d) tea leaves and milk
9. 9.True or false: for video-call help, young children are the target customers. (a) True (b) False
10. 10.👔 Who does this — an entrepreneur or an employee? Someone who starts a new business. (a) an entrepreneur (b) an employee
11. 11.Which of these is a poor logo idea? (a) two or three colours (b) too many small details (c) easy to draw by hand (d) clear at a small size
12. 12.📒 One-time cost or running cost: ice? (a) a one-time cost (b) a running cost
13. 13.Which of these is a running cost? (a) a price board (b) a cloth banner (c) tea leaves and milk (d) a folding table
14. 14.Aarav makes 11 paper bookmarks at a cost of ₹17 each and sells all of them at ₹18 each. What is the total profit (in ₹)?
15. 15.Which of these is a need? (a) a glitter pen set (b) soap (c) a sticker album (d) sweets every day
16. 16.Which of these is the marketer’s job? (a) writes each sale down (b) designs the poster (c) adds up the costs (d) takes the money
17. 17.🔎 Is this a problem or a solution idea: “a used-book swap stall”? (a) a solution idea (b) a problem
18. 18.Lakshmi’s income was ₹300 and the profit was ₹20. One expense was ₹220 (sugar). How much was the other expense, for posters (in ₹)?
19. 19.Ishaan’s fair stall pays a ₹10 stall fee and ₹290 for materials, and sells each clay diya for ₹20. How many must be sold to cover all the costs?
20. 20.In Nisha’s class vote, a plant sale got 11 votes and a bookmark stall got 14 votes. Which idea got more votes? (a) a plant sale (b) a bookmark stall
21. 21.A stall’s fixed costs are ₹216 and each bag of popcorn makes ₹12 profit. Dev has sold 17 bags of popcorn so far. Has the stall broken even yet? (a) No (b) Yes
22. 22.📣 Is this stall message honest and clear, or misleading? “Best lemonade in the whole world!!!” (a) honest and clear (b) misleading
23. 23.🚀 Starting a business: which comes first — launch the business or count profit and learn? (a) launch the business (b) count profit and learn
24. 24.Which product is mainly for elderly people? (a) dog-treat biscuits (b) plant name labels (c) puppet shows (d) newspaper reading aloud
25. 25.🚀 Starting a business: which comes first — make a small test batch or improve from feedback? (a) make a small test batch (b) improve from feedback
26. 26.🔍 Which is the odd one out? (a) a friend tells a friend (b) a short video post (c) chat at the bus stop (d) a teacher recommends it
27. 27.True or false: “tiny unreadable text” is a poor logo idea. (a) False (b) True
28. 28.📋 Helpful or unhelpful research question: “You love my idea, right?” (a) an unhelpful question (b) a helpful question
29. 29.Which of these is a problem people have? (a) a plant-watering service (b) a pet-sitting service (c) a shade-cloth project (d) old books thrown away
30. 30.🎨 Good or poor logo idea: tiny unreadable text? (a) a poor logo idea (b) a good logo idea
31. 31.Which of these is a safe practice? (a) knives with no adult (b) visiting strangers alone (c) leaving cash lying out (d) an adult at the stove
32. 32.📊 After the launch, what should you keep doing? (a) stop counting (b) hide your costs (c) ignore customers (d) keep records and review
33. 33.🚀 Rohan made 500 bookmarks before asking anyone. What went wrong? (a) he asked too many (b) nothing at all (c) he made too few (d) he skipped testing
34. 34.True or false: “clean, covered food” is good customer service. (a) True (b) False
35. 35.🔍 Which is the odd one out? (a) a toy robot (b) notebooks for school (c) drinking water (d) medicine when ill
36. 36.Which of these is dishonest business? (a) correct change (b) fake discount tags (c) true photos of items (d) ingredients listed
37. 37.📒 Income or expense: cash from selling plants? (a) expense (b) income
38. 38.Which of these is honest business? (a) fake discount tags (b) false health claims (c) made-up reviews (d) correct change
39. 39.True or false: for seedlings in pots, gardeners are the target customers. (a) True (b) False
40. 40.🔍 Which is the odd one out? (a) a flyer in the lift (b) a sign at the stall (c) a buyer tells her cousin (d) a notice-board sheet

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