Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 42 · 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.🎯 Who is the main target customer for colouring sheets? (a) gardeners (b) young children (c) school students (d) pet owners
2. 2.True or false: “What time of day do you get hungry?” is an unhelpful research question. (a) False (b) True
3. 3.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
4. 4.⚖️ Honest or dishonest business: ingredients listed? (a) honest (b) dishonest
5. 5.A small business selling paper bookmarks had a revenue of ₹390 and a profit of ₹340. What were its costs (in ₹)?
6. 6.A stall’s fixed costs are ₹312. Each clay diya costs ₹28 to make and sells for ₹36. How many must be sold to break even?
7. 7.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
8. 8.📋 Helpful or unhelpful research question: “Where do you buy bookmarks now?” (a) an unhelpful question (b) a helpful question
9. 9.🔍 Which is the odd one out? (a) a notice-board sheet (b) a short video post (c) a chart by the gate (d) a flyer in the lift
10. 10.📣 Which kind of marketing is this: a friend tells a friend? (a) word of mouth (b) a poster (c) social media
11. 11.True or false: “water bottles get lost” is a solution idea. (a) False (b) True
12. 12.🏷️ Cost price or selling price: money got from a sale? (a) cost price (b) selling price
13. 13.🏷️ Cost price or selling price: cost of making one? (a) selling price (b) cost price
14. 14.True or false: “medicine when ill” is a need. (a) False (b) True
15. 15.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
16. 16.A stall’s fixed costs are ₹104. Each clay diya costs ₹25 to make and sells for ₹29. How many must be sold to break even?
17. 17.📒 One-time cost or running cost: a folding table? (a) a one-time cost (b) a running cost
18. 18.🔍 Which is the odd one out? (a) listening to complaints (b) greeting with a smile (c) a tidy stall table (d) hiding the prices
19. 19.True or false: “What did you eat on your birthday last year?” is a helpful research question. (a) True (b) False
20. 20.True or false: “clear prices for all” is dishonest business. (a) True (b) False
21. 21.🤝 At a team stall, whose job is it? Someone packs the snacks. (a) the maker (b) the marketer (c) the record keeper (d) the cashier
22. 22.🏷️ Cost price or selling price: the price on your board? (a) selling price (b) cost price
23. 23.🔁 Why does good service matter so much? (a) it costs a lot (b) it is slower (c) buyers come back (d) it does not
24. 24.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a new video game (d) a piggy bank for later
25. 25.Which of these is honest business? (a) secret higher prices (b) false health claims (c) made-up reviews (d) true photos of items
26. 26.One handmade card costs ₹50 to make and Lakshmi sells it for ₹55. What is the markup in percent?
27. 27.🔍 Which is the odd one out? (a) packs the snacks (b) pots the plants (c) makes the cards (d) adds up the costs
28. 28.Which of these is a poor business name? (a) “Sunny Sips” (b) “Stuff and More Stuff” (c) “Green Thumb Saplings” (d) “Maths Buddies”
29. 29.🚀 Helpful or unhelpful for an entrepreneur: never asking anyone? (a) an unhelpful habit (b) a helpful habit
30. 30.One potted plant costs ₹20 to make and Lakshmi sells it for ₹22. What is the markup in percent?
31. 31.🚀 Helpful or unhelpful for an entrepreneur: learning from mistakes? (a) an unhelpful habit (b) a helpful habit
32. 32.One paper bookmark costs ₹10 to make and Nisha sells it for ₹12. What is the markup in percent?
33. 33.One clay diya costs ₹54 to make and Tara sells it for ₹81. What is the markup in percent?
34. 34.One handmade card costs Joseph ₹16 to make and sells for ₹1. Is that a profit or a loss? (a) Loss (b) Profit
35. 35.True or false: “a chart by the gate” is a poster. (a) False (b) True
36. 36.🔍 Which is the odd one out? (a) a price board (b) a cloth banner (c) tea leaves and milk (d) a cash box
37. 37.True or false: “pets alone all day” is a problem people have. (a) True (b) False
38. 38.➖ Profit in your records = (a) just the income (b) income − expenses (c) income + expenses (d) expenses − income
39. 39.🚀 Which step of starting a business is this: think of an idea? (a) step 4 (b) step 2 (c) step 3 (d) step 6
40. 40.🔍 Which is the odd one out? (a) breaking their sign (b) better quality (c) friendlier service (d) a cleaner stall

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