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Free money test · ages 8 and up

Business Quiz for Kids

10 quick questions with instant answers and explanations. No sign-up needed.

Captain Coin, the Wealthonauts mission leader

This business quiz for kids tests what you know about starting a small business, from finding customers to counting costs and profit. The questions follow Captain Coin’s lemonade stand on Crater Trail, with some easy number problems along the way. After each answer, a short explanation shows how the idea works.

The quiz is free and anyone can take it. Ages 8 and up is a good starting point, and grown-ups who are new to business ideas are welcome too. Keep scrap paper nearby for the math questions. Score 8 out of 10 or better and you are thinking like a real entrepreneur.

What this test covers

  • Asking customers before you spend
  • Products and services
  • Fixed and variable costs
  • Break-even math
  • Inventory planning
  • Profit, loss and investment
  • Customer service and records

How it works: answer all 10 questions, then press “Check my answers.” Get 8 or more right to pass. You’ll see why each answer is right, plus what to read or take next. No sign-up needed, and your answers are not saved.

Take the test

Ages 8 and up — and anyone who wants to learn this.

  1. Question 1 of 10Before spending any coins, Nova asked twenty hikers if they would buy a cold drink. What is this called?
  2. Question 2 of 10Selling lemonade is selling a product. Walking a neighbor's dog for pay is selling a…
  3. Question 3 of 10Why should you ask lots of people to test your product, not just your best friend?
  4. Question 4 of 10Captain Coin's fixed costs are 20 coins, and each cup costs 1 coin to make. What is the total cost of making 30 cups?
  5. Question 5 of 10A cookie stand has 12 coins of fixed costs. Each cookie costs 1 coin to make and sells for 4 coins. How many cookies must it sell to break even?
  6. Question 6 of 10What is inventory?
  7. Question 7 of 10On a rainy day, Captain Coin's revenue was 54 coins, but his cups cost 60 coins to make. What happened?
  8. Question 8 of 10Captain Coin puts 60 of his own coins into his business to get started. What is that money called?
  9. Question 9 of 10After Pip spilled his lemonade, Captain Coin poured him a fresh cup for free. Pip told his friends, and they came to buy. What is that called?
  10. Question 10 of 10Why do business owners keep business money separate from their personal money?

Want to really understand it?

This test is based on Build Your First Business, Book 10 of The Wealthonauts Adventures. Ages are a starting point, not a limit: plenty of teens and grown-ups are learning these ideas for the first time. Read the book online, take the matching Wealthonauts course, then come back and test yourself again.

More free tests: see all 12 money tests.