Entrepreneurship for Kids Worksheet: Final Test

Entrepreneurship lesson 24: Final test: entrepreneurship · Set 9 · 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 is the odd one out? (a) “The Losers’ Stall” (b) “Sunny Sips” (c) “Stuff and More Stuff” (d) “Qxzrt Plvv”
2. 2.True or false: “keeping cash in a box” is a safe practice. (a) False (b) True
3. 3.True or false: “a bigger TV” is a need. (a) True (b) False
4. 4.Arjun pays ₹280 for a table and a banner (fixed costs). Each friendship band sold makes ₹10 profit. How many must be sold to break even?
5. 5.📝 A customer has an idea to improve your cards. You should… (a) argue (b) thank them and note it (c) ignore it (d) tell them to go
6. 6.Which of these is a running cost? (a) ice (b) a price board (c) a folding table (d) a cash box
7. 7.📖 Tutoring juniors: what should you check first? (a) the fee is huge (b) no one knows (c) you skip school (d) their parents agree
8. 8.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
9. 9.True or false: “money spent to get it” is the cost price. (a) False (b) True
10. 10.➖ Profit in your records = (a) income + expenses (b) income − expenses (c) expenses − income (d) just the income
11. 11.Which of these is a safe practice? (a) hot oil near small kids (b) a parent knows the plan (c) visiting strangers alone (d) knives with no adult
12. 12.A stall’s fixed costs are ₹273 and each paper bookmark makes ₹7 profit. Arjun has sold 36 paper bookmarks so far. Has the stall broken even yet? (a) Yes (b) No
13. 13.📊 Revenue or profit: left after all costs? (a) revenue (b) profit
14. 14.A stall’s fixed costs are ₹78 and each cupcake makes ₹6 profit. Diya sells 20. What is the profit after paying the fixed costs (in ₹)?
15. 15.Which of these is a want? (a) a school uniform (b) drinking water (c) a roof over your head (d) a sticker album
16. 16.🚀 Which step of starting a business is this: open the stall for all? (a) step 6 (b) step 1 (c) step 5 (d) step 2
17. 17.Ishaan plans to make 18 cupcakes. Each needs ₹2 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
18. 18.Which of these is dishonest business? (a) ingredients listed (b) clear prices for all (c) fake discount tags (d) correct change
19. 19.Which of these is not a unique selling point? (a) same as every stall (b) ready in five minutes (c) made from waste paper (d) delivered to your door
20. 20.Which of these is a need? (a) a party dress (b) a fancy phone cover (c) rice and dal (d) a third pair of shoes
21. 21.One handmade card costs ₹56 to make and Farhan sells it for ₹112. What is the markup in percent?
22. 22.True or false: “notebooks for school” is a need. (a) False (b) True
23. 23.Which of these is a need? (a) a school uniform (b) sweets every day (c) a fancy phone cover (d) a sticker album
24. 24.Tara asked 22 classmates about a lemonade stall. 15 said they would buy. How many said they would not?
25. 25.🔍 Which is the odd one out? (a) gives the change (b) pots the plants (c) checks the cash box (d) takes the money
26. 26.🏢 Sole trader or company: run by directors? (a) a company (b) a sole trader
27. 27.A batch of 50 cupcakes costs ₹200 to make. Diya sells each one for ₹12. What is the profit on each one (in ₹)?
28. 28.True or false: “The Losers’ Stall” is a good business name. (a) True (b) False
29. 29.🔎 Is this a problem or a solution idea: “elders find phones hard”? (a) a problem (b) a solution idea
30. 30.True or false: for colouring sheets, young children are the target customers. (a) True (b) False
31. 31.Meera has a budget of ₹800. The stock costs ₹100 and the stall fee is ₹720. Is the budget enough? (a) No (b) Yes
32. 32.📋 Helpful or unhelpful research question: “What colour is your phone?” (a) an unhelpful question (b) a helpful question
33. 33.Which of these is a helpful habit for an entrepreneur? (a) never asking anyone (b) blaming others (c) ignoring complaints (d) keeping promises
34. 34.To make 50 cups of lemonade, Lakshmi spends ₹135 on lemons, ₹30 on sugar and ₹85 on paper cups. What does one cost to make (in ₹)?
35. 35.📣 Which kind of marketing is this: a notice-board sheet? (a) word of mouth (b) a poster (c) social media
36. 36.🎪 School-fair stall plan: which comes first — count money and records or set up the stall? (a) count money and records (b) set up the stall
37. 37.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) profit put in a bank (d) a new video game
38. 38.🔍 Which is the odd one out? (a) calls out the offers (b) plans the stall sign (c) writes each sale down (d) designs the poster
39. 39.A batch of 50 fruit cups costs ₹600 to make. Gurpreet sells each one for ₹14. What is the profit on each one (in ₹)?
40. 40.Which of these is the cashier’s job? (a) calls out the offers (b) makes the cards (c) takes the money (d) packs the snacks

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