Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 114 · 40 questions

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.

1. 1.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
2. 2.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
3. 3.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) a piggy bank for later (d) a new video game
4. 4.Which of these is spending on yourself? (a) buying a second juicer (b) a new video game (c) better paint for cards (d) profit put in a bank
5. 5.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
6. 6.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
7. 7.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
8. 8.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) an emergency fund (d) more seeds for next time
9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
10. 10.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) more seeds for next time (d) sweets for yourself
11. 11.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
12. 12.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
13. 13.Ananya’s stall made a profit of ₹700. Ananya saves 25% of it. How many rupees are saved?
14. 14.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
15. 15.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) a piggy bank for later (d) a cinema ticket
16. 16.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
17. 17.Diya’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
18. 18.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
19. 19.Kavya’s stall made a profit of ₹1200. Kavya saves 25% of it. How many rupees are saved?
20. 20.Nisha’s stall made a profit of ₹1800. Nisha saves 20% of it. How many rupees are saved?
21. 21.Saanvi’s stall made a profit of ₹400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
22. 22.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) profit put in a bank
23. 23.Saanvi’s stall made a profit of ₹400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
24. 24.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
25. 25.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
26. 26.Ananya’s stall made a profit of ₹1800. Ananya saves 25% of it. How many rupees are saved?
27. 27.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) better paint for cards (d) buying a second juicer
28. 28.👪 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
29. 29.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
30. 30.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
31. 31.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
32. 32.Meera’s stall made a profit of ₹800. Meera saves 10% of it. How many rupees are saved?
33. 33.Riya’s stall made a profit of ₹700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
34. 34.Riya’s stall made a profit of ₹600. Riya saves 20% of it. How many rupees are saved?
35. 35.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
36. 36.Saanvi’s stall made a profit of ₹300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
37. 37.Rohan’s stall made a profit of ₹300. Rohan saves 20% of it. How many rupees are saved?
38. 38.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
39. 39.Arjun’s stall made a profit of ₹1500. Arjun saves 10% of it. How many rupees are saved?
40. 40.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

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