← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 107 · 40 questions
TalentJR

Business tip (Save, grow, borrow carefully): Saving keeps money for later; reinvesting puts profit back into the business; spending uses it on yourself. Part of the profit = profit × percent ÷ 100. Simple interest = P × R × T ÷ 100; amount to pay back = loan + interest. Borrow only with your parents.

NameDateTime takenScore ___ / 40
  1. 1.Which of these is saving? (a) a new video game (b) buying a second juicer (c) more seeds for next time (d) an emergency fund
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  3. 3.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) more seeds for next time
  4. 4.Kabir’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) profit put in a bank (d) an emergency fund
  6. 6.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.Kavya’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  9. 9.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  11. 11.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  12. 12.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) more seeds for next time (d) a new video game
  13. 13.Which of these is saving? (a) a cinema ticket (b) a new video game (c) profit put in a bank (d) buying a second juicer
  14. 14.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  15. 15.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  16. 16.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.Zoya’s stall made a profit of ₹1400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Aarav’s stall made a profit of ₹1800. Aarav saves 10% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  22. 22.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  23. 23.Aarav’s stall made a profit of ₹700. Aarav saves 20% of it. How many rupees are saved?
  24. 24.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  25. 25.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  26. 26.Rohan’s stall made a profit of ₹1600. Rohan saves 50% of it. How many rupees are saved?
  27. 27.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) how fast can I spend? (d) what is the logo?
  28. 28.Aarav’s stall made a profit of ₹1100. Aarav saves 10% of it. How many rupees are saved?
  29. 29.Saanvi’s stall made a profit of ₹400. Saanvi saves 10% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  32. 32.Dev’s stall made a profit of ₹1500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) buying a second juicer (d) a cinema ticket
  34. 34.Rohan’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.Ananya’s stall made a profit of ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Riya’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Kabir’s stall made a profit of ₹1700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. an emergency fund
  2. spending
  3. a new video game
  4. 600
  5. a cinema ticket
  6. 224
  7. 225
  8. putting profit back in
  9. 36
  10. saving
  11. reinvesting
  12. more seeds for next time
  13. profit put in a bank
  14. to keep trust
  15. reinvesting
  16. 98
  17. 420
  18. 180
  19. 360
  20. the cost of borrowing
  21. reinvesting
  22. spending
  23. 140
  24. talk to parents
  25. saving
  26. 800
  27. can I pay it back?
  28. 110
  29. 40
  30. 330
  31. saving
  32. 450
  33. buying a second juicer
  34. 200
  35. 918
  36. 990
  37. 780
  38. 912
  39. 605
  40. 510

Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids