Entrepreneurship for Kids Worksheet: Final Test
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.Ishaan’s stall made a profit of ₹1500. Ishaan saves 20% of it. How many rupees are saved?
- 2.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) profit put in a bank (d) sweets for yourself
- 3.One cupcake costs ₹34 to make. Ananya adds a 50% markup. What is the selling price (in ₹)?
- 4.🔍 Three of these are for the same customers. Which is the odd one out? (a) timetable bookmarks (b) exam revision cards (c) puppet shows (d) notebook covering
- 5.True or false: for notebook covering, school students are the target customers. (a) True (b) False
- 6.Which of these is an expense (money out)? (a) cash from selling plants (b) bus fare to the market (c) a card order paid (d) tutoring fees received
- 7.True or false: “a party dress” is a want. (a) True (b) False
- 8.🛡️ Safe or unsafe for a kids’ business: keeping cash in a box? (a) an unsafe practice (b) a safe practice
- 9.True or false: “Doctors say our chai makes you taller” is honest and clear. (a) True (b) False
- 10.🛒 Need or want: medicine when ill? (a) a need (b) a want
- 11.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
- 12.Which of these is good customer service? (a) serving friends first (b) arguing with a buyer (c) greeting with a smile (d) counting change wrongly
- 13.Which of these is a want? (a) notebooks for school (b) a warm blanket (c) a video game (d) medicine when ill
- 14.🛡️ Safe or unsafe for a kids’ business: an adult at the stove? (a) an unsafe practice (b) a safe practice
- 15.Meera asked 25 people about a bookmark stall and 12 said yes. What percent said yes?
- 16.Which of these is a problem people have? (a) phone help for elders (b) old books thrown away (c) a shade-cloth project (d) maths help for juniors
- 17.📦 Why work out the cost of ONE item? (a) to set a good price (b) to look clever (c) to spend more (d) it does not matter
- 18.One fruit cup costs ₹57 to make. Tara adds a 100% markup. What is the profit on one (in ₹)?
- 19.One glass of chai costs ₹32 to make. Farhan adds a 25% markup. What is the selling price (in ₹)?
- 20.One handmade card costs ₹26 to make. Meera adds a 50% markup. What is the profit on one (in ₹)?
- 21.📣 Is this stall message honest and clear, or misleading? “Best lemonade in the whole world!!!” (a) honest and clear (b) misleading
- 22.True or false: “counting change wrongly” is good customer service. (a) False (b) True
- 23.🚀 Helpful or unhelpful for an entrepreneur: saving for the business? (a) a helpful habit (b) an unhelpful habit
- 24.👥 Whom should you ask about a snack for Class 6? (a) a shopkeeper far away (b) Class 6 students (c) only yourself (d) only your parents
- 25.Kavya’s stall took in ₹390 on Friday, ₹70 on Saturday and ₹310 on Sunday. What was the total income (in ₹)?
- 26.☕ Chai stall: what should you check first? (a) the cup colours (b) a big banner (c) an adult runs the stove (d) a fancy name
- 27.True or false: “Things” is a good business name. (a) False (b) True
- 28.To make 10 handmade cards, Ananya spends ₹40 on card paper, ₹15 on colour pens and ₹15 on envelopes. What does one cost to make (in ₹)?
- 29.🔍 Which is the odd one out? (a) designs the poster (b) packs the snacks (c) makes the cards (d) pots the plants
- 30.🎯 Who is the main target customer for puppet shows? (a) elderly people (b) gardeners (c) young children (d) pet owners
- 31.Which of these is dishonest business? (a) correct change (b) a refund if it breaks (c) hiding a broken part (d) true photos of items
- 32.One bag of popcorn costs ₹22 to make. Gurpreet adds a 50% markup. What is the selling price (in ₹)?
- 33.Which of these is a safe practice? (a) visiting strangers alone (b) washing hands first (c) sharing your address (d) selling alone after dark
- 34.A stall’s fixed costs are ₹154. Each bag of popcorn costs ₹10 to make and sells for ₹17. How many must be sold to break even?
- 35.📜 Who should explain tax or legal rules for a business? (a) a classmate (b) nobody (c) an adult or an expert (d) a random video
- 36.👔 Who does this — an entrepreneur or an employee? Someone who works for an employer. (a) an employee (b) an entrepreneur
- 37.Nisha pays ₹225 for a table and a banner (fixed costs). Each cup of lemonade sold makes ₹9 profit. How many must be sold to break even?
- 38.🔎 Is this a problem or a solution idea: “maths help for juniors”? (a) a solution idea (b) a problem
- 39.📒 Income or expense: payment for a cake order? (a) expense (b) income
- 40.Which of these is an unhelpful habit for an entrepreneur? (a) blaming others (b) keeping promises (c) planning ahead (d) staying curious
Answer key
- 300
- profit put in a bank
- 51
- puppet shows
- True
- bus fare to the market
- True
- a safe practice
- False
- a need
- the cost of borrowing
- greeting with a smile
- a video game
- a safe practice
- 48
- old books thrown away
- to set a good price
- 57
- 40
- 13
- misleading
- False
- a helpful habit
- Class 6 students
- 770
- an adult runs the stove
- False
- 7
- designs the poster
- young children
- hiding a broken part
- 33
- washing hands first
- 22
- an adult or an expert
- an employee
- 25
- a solution idea
- income
- blaming others
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids