Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 6 · 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.🚀 Which step of starting a business is this: count profit and learn? (a) step 2 (b) step 1 (c) step 4 (d) step 7
2. 2.🔍 Which is the odd one out? (a) elders find phones hard (b) bottle name stickers (c) a shade-cloth project (d) a used-book swap stall
3. 3.🔎 Is this a problem or a solution idea: “bottle name stickers”? (a) a problem (b) a solution idea
4. 4.📒 One-time cost or running cost: a folding table? (a) a running cost (b) a one-time cost
5. 5.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) people always need them (d) needs are toys
6. 6.⚖️ Honest or dishonest business: correct change? (a) honest (b) dishonest
7. 7.💵 Selling price means… (a) the loss (b) what the buyer pays (c) the stall fee (d) what it cost you
8. 8.🧴 Water bottles in class keep getting mixed up. Which idea solves it? (a) bottle name stickers (b) more homework (c) a kite stall (d) louder school bells
9. 9.Which of these is word of mouth? (a) a short video post (b) a notice-board sheet (c) a chart by the gate (d) a friend tells a friend
10. 10.Which of these is a solution idea? (a) old books thrown away (b) plants die in holidays (c) water bottles get lost (d) a pet-sitting service
11. 11.Which of these is the record keeper’s job? (a) gives the change (b) makes the cards (c) pots the plants (d) adds up the costs
12. 12.⚖️ Honest or dishonest business: hiding a broken part? (a) honest (b) dishonest
13. 13.Aarav’s fair stall sells 36 handmade cards at ₹20 each. How much money comes in from sales (in ₹)?
14. 14.Which of these is good customer service? (a) arguing with a buyer (b) hiding the prices (c) dirty hands with food (d) greeting with a smile
15. 15.A batch of 50 potted plants costs ₹400 to make. Aarav sells each one for ₹10. What is the profit on each one (in ₹)?
16. 16.Nisha has a budget of ₹300. The stock costs ₹130 and the stall fee is ₹180. Is the budget enough? (a) No (b) Yes
17. 17.🛡️ What is a good way to lower a risk? (a) ignore it (b) hope for luck (c) blame others (d) plan for it early
18. 18.🛒 Need or want: a glitter pen set? (a) a want (b) a need
19. 19.A stall’s fixed costs are ₹216 and each fruit cup makes ₹9 profit. Kabir has sold 24 fruit cups so far. Has the stall broken even yet? (a) No (b) Yes
20. 20.🧮 Cost of one item from a batch = (a) batch cost × number (b) number ÷ batch cost (c) price − cost (d) batch cost ÷ number
21. 21.🏷️ Good or poor business name: “The Losers’ Stall”? (a) a poor business name (b) a good business name
22. 22.⭐ Is this a clear unique selling point (USP): “ready in five minutes”? (a) a clear USP (b) not a USP
23. 23.True or false: “phone help for elders” is a solution idea. (a) False (b) True
24. 24.A stall’s fixed costs are ₹98 and each bag of popcorn makes ₹14 profit. Aarav sells 18. What is the profit after paying the fixed costs (in ₹)?
25. 25.Which of these is honest business? (a) secret higher prices (b) hiding a broken part (c) clear prices for all (d) false health claims
26. 26.Which of these is poor customer service? (a) clean, covered food (b) listening to complaints (c) a sticky, messy table (d) saying thank you
27. 27.Which product is mainly for elderly people? (a) puppet shows (b) balloon animals (c) plant name labels (d) newspaper reading aloud
28. 28.A stall’s fixed costs are ₹190. Each clay diya costs ₹15 to make and sells for ₹20. How many must be sold to break even?
29. 29.🔍 Three of these are for the same customers. Which is the odd one out? (a) cloth toys for cats (b) exam revision cards (c) pet-bowl cleaning (d) dog-treat biscuits
30. 30.A batch of 50 paper bookmarks costs ₹600 to make. What does one cost to make (in ₹)?
31. 31.🛡️ Safe or unsafe for a kids’ business: hot oil near small kids? (a) an unsafe practice (b) a safe practice
32. 32.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
33. 33.True or false: “bottle name stickers” is a solution idea. (a) True (b) False
34. 34.One glass of chai costs ₹52 to make. Riya adds a 25% markup. What is the profit on one (in ₹)?
35. 35.🎨 Good or poor logo idea: your own drawing? (a) a poor logo idea (b) a good logo idea
36. 36.🎨 Good or poor logo idea: clear at a small size? (a) a good logo idea (b) a poor logo idea
37. 37.🎨 Why not copy a famous logo? (a) it is too easy (b) it is someone else’s (c) logos are free (d) copying is smart
38. 38.🔍 Which is the odd one out? (a) notebooks for school (b) designer sunglasses (c) a bigger TV (d) a fancy phone cover
39. 39.🔍 Which is the odd one out? (a) we have a table (b) we sell things (c) a sugar-free recipe (d) same as every stall
40. 40.Which of these is poor customer service? (a) sorry for a long wait (b) arguing with a buyer (c) a tidy stall table (d) greeting with a smile

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