Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 7 · 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.🚀 Starting a business: which comes first — keep records and review or brainstorm solutions? (a) keep records and review (b) brainstorm solutions
2. 2.True or false: “money got from a sale” is the cost price. (a) True (b) False
3. 3.🔍 Which is the odd one out? (a) designs the poster (b) makes the cards (c) pots the plants (d) packs the snacks
4. 4.Farhan’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
5. 5.Which of these is a running cost? (a) a price board (b) a folding table (c) a juicer (d) tea leaves and milk
6. 6.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
7. 7.📈 When is there a profit? (a) SP less than CP (b) SP more than CP (c) SP equal to CP (d) never
8. 8.A batch of 10 handmade cards costs ₹50 to make. Ananya sells each one for ₹8. What is the profit on each one (in ₹)?
9. 9.Aarav’s stall made a profit of ₹1400. Aarav saves 25% of it. How many rupees are saved?
10. 10.True or false: “a toy robot” is a need. (a) False (b) True
11. 11.It costs ₹56 to make one friendship band. Ishaan sells it for ₹73. What is the profit on one (in ₹)?
12. 12.🔍 Three of these are for the same customers. Which is the odd one out? (a) notebook covering (b) exam revision cards (c) timetable bookmarks (d) puppet shows
13. 13.🚀 Starting a business: which comes first — try out a sample or open the stall for all? (a) try out a sample (b) open the stall for all
14. 14.🔍 Which is the odd one out? (a) a price board (b) seeds and soil (c) a cooler box (d) a folding table
15. 15.A small business sells 56 painted pebbles at ₹40 each. Its costs are ₹200. What is its profit (in ₹)?
16. 16.True or false: “spotting problems” is a helpful habit for an entrepreneur. (a) True (b) False
17. 17.Which of these is a need? (a) a glitter pen set (b) bus fare to school (c) a fancy phone cover (d) a bigger TV
18. 18.🔍 Which is the odd one out? (a) gives the change (b) calls out the offers (c) plans the stall sign (d) designs the poster
19. 19.🚀 Helpful or unhelpful for an entrepreneur: working with a team? (a) a helpful habit (b) an unhelpful habit
20. 20.Aarav asked 51 classmates about a craft stall. 25 said they would buy. How many said they would not?
21. 21.Saanvi has a budget of ₹500. The stock costs ₹220 and the stall fee is ₹290. Is the budget enough? (a) Yes (b) No
22. 22.🚀 Rohan made 500 bookmarks before asking anyone. What went wrong? (a) nothing at all (b) he asked too many (c) he made too few (d) he skipped testing
23. 23.🏢 Sole trader or company: owner keeps all profit? (a) a company (b) a sole trader
24. 24.👥 Whom should you ask about a snack for Class 6? (a) Class 6 students (b) only yourself (c) a shopkeeper far away (d) only your parents
25. 25.🔍 Which is the odd one out? (a) friendlier service (b) a cleaner stall (c) grabbing their spot (d) a fair, lower price
26. 26.📒 Income or expense: cash from selling plants? (a) expense (b) income
27. 27.Which of these is a clear unique selling point? (a) free name tags (b) we are open (c) it is a product (d) same as every stall
28. 28.Which product is mainly for young children? (a) notebook covering (b) video-call help (c) newspaper reading aloud (d) puppet shows
29. 29.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
30. 30.🔍 Which is the odd one out? (a) old books thrown away (b) a plant-watering service (c) water bottles get lost (d) no shade at the bus stop
31. 31.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
32. 32.2 teammates share the ₹100 cost of a stall selling painted pebbles equally. How many rupees does each teammate pay?
33. 33.True or false: “we are open” is a clear unique selling point. (a) True (b) False
34. 34.Dev’s fair stall pays a ₹10 stall fee and ₹165 for materials, and sells each bag of popcorn for ₹5. How many must be sold to cover all the costs?
35. 35.Which of these is a want? (a) school shoes (b) notebooks for school (c) sweets every day (d) drinking water
36. 36.Nisha’s fair stall pays a ₹30 stall fee and ₹90 for materials, and sells each clay diya for ₹5. How many must be sold to cover all the costs?
37. 37.📊 After the launch, what should you keep doing? (a) keep records and review (b) hide your costs (c) stop counting (d) ignore customers
38. 38.True or false: “Price: ask me, it depends on you 😉” is honest and clear. (a) False (b) True
39. 39.Gurpreet’s stall budget is ₹570. A banner cost ₹40, ribbon cost ₹300 and paper cups cost ₹50. How many rupees of the budget are left?
40. 40.3 friends run a stall selling handmade cards and make a profit of ₹930. They share it equally. How many rupees does each friend get?

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