Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 39 · 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: “hot oil near small kids” is an unsafe practice. (a) False (b) True
2. 2.A batch of 10 fruit cups costs ₹80 to make. Arjun sells each one for ₹14. What is the profit on each one (in ₹)?
3. 3.Which of these is honest business? (a) fake discount tags (b) ingredients listed (c) hiding a broken part (d) made-up reviews
4. 4.Which of these is an expense (money out)? (a) paying the stall fee (b) a card order paid (c) payment for a cake order (d) cash from selling plants
5. 5.A batch of 25 potted plants costs ₹75 to make. What does one cost to make (in ₹)?
6. 6.To make 20 handmade cards, Ishaan spends ₹105 on card paper, ₹10 on colour pens and ₹5 on envelopes. What does one cost to make (in ₹)?
7. 7.🙋 Why is “You love my idea, right?” a poor research question? (a) it has a question mark (b) it pushes for a yes (c) it is too short (d) it is too polite
8. 8.Rohan’s fair stall sells 30 cupcakes at ₹10 each. How much money comes in from sales (in ₹)?
9. 9.True or false: “a fruit-cup stall” is a problem people have. (a) False (b) True
10. 10.Rohan’s fair stall pays a ₹10 stall fee and ₹220 for materials, and sells each glass of chai for ₹10. How many must be sold to cover all the costs?
11. 11.🚀 Rohan made 500 bookmarks before asking anyone. What went wrong? (a) he asked too many (b) he made too few (c) he skipped testing (d) nothing at all
12. 12.📊 Revenue or profit: price × number sold? (a) profit (b) revenue
13. 13.True or false: “Chai ₹10 · Saturday 9–12 · Gate 2” is honest and clear. (a) True (b) False
14. 14.Which of these is a one-time cost? (a) sugar (b) tea leaves and milk (c) a juicer (d) paper cups
15. 15.True or false: “listening to complaints” is poor customer service. (a) True (b) False
16. 16.True or false: “learning from mistakes” is an unhelpful habit for an entrepreneur. (a) True (b) False
17. 17.🔍 Which is the odd one out? (a) juniors find maths hard (b) a fruit-cup stall (c) elders find phones hard (d) no healthy snack nearby
18. 18.🚀 Starting a business: which comes first — make a small test batch or think of an idea? (a) make a small test batch (b) think of an idea
19. 19.Which of these is a problem people have? (a) phone help for elders (b) pets alone all day (c) a fruit-cup stall (d) bottle name stickers
20. 20.🎪 School-fair stall plan: which comes first — choose what to sell or count money and records? (a) choose what to sell (b) count money and records
21. 21.Which of these is a good business name? (a) “The Losers’ Stall” (b) “Things” (c) “Bright Bookmarks” (d) “Qxzrt Plvv”
22. 22.🎉 After the break-even point, each extra item sold… (a) is free (b) changes nothing (c) adds profit (d) adds loss
23. 23.🚀 Which step of starting a business is this: count profit and learn? (a) step 5 (b) step 6 (c) step 7 (d) step 3
24. 24.Saanvi’s stall made a profit of ₹1100. Saanvi saves 25% of it. How many rupees are saved?
25. 25.True or false: “How often do you buy a snack at school?” is a helpful research question. (a) True (b) False
26. 26.🎯 Who is the main target customer for timetable bookmarks? (a) young children (b) gardeners (c) pet owners (d) school students
27. 27.Which of these is a fair way to compete? (a) lying about a rival (b) better quality (c) grabbing their spot (d) spreading rumours
28. 28.👥 Whom should you ask about a snack for Class 6? (a) Class 6 students (b) a shopkeeper far away (c) only yourself (d) only your parents
29. 29.One handmade card costs Kabir ₹35 to make and sells for ₹47. Is that a profit or a loss? (a) Profit (b) Loss
30. 30.Rohan’s record for the day:
    Income: ₹20 (morning sales)
    Income: ₹320 (evening sales)
    Expense: ₹120 (posters)
    Expense: ₹30 (ribbon)
    What is the profit (in ₹)?
31. 31.It costs ₹7 to make one paper bookmark. Tara sells it for ₹12. What is the profit on one (in ₹)?
32. 32.📋 Helpful or unhelpful research question: “What colour is your phone?” (a) an unhelpful question (b) a helpful question
33. 33.🔍 Which is the odd one out? (a) packs the snacks (b) makes the cards (c) takes the money (d) pots the plants
34. 34.True or false: “saving for the business” is an unhelpful habit for an entrepreneur. (a) False (b) True
35. 35.🌱 What is the best way to start a first business? (a) start small and test (b) borrow a lot at once (c) copy a big company (d) quit school for it
36. 36.📣 Which kind of marketing is this: a teacher recommends it? (a) a poster (b) social media (c) word of mouth
37. 37.🏷️ What is a brand? (a) your stall table (b) a type of loan (c) your cash box (d) how people know you
38. 38.True or false: for dog-treat biscuits, pet owners are the target customers. (a) False (b) True
39. 39.True or false: “cost of making one” is the selling price. (a) True (b) False
40. 40.🔍 Which is the odd one out? (a) knives with no adult (b) visiting strangers alone (c) hot oil near small kids (d) an adult at the stove

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