Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 124 · 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.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) profit put in a bank (d) sweets for yourself
2. 2.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
3. 3.Kabir’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
5. 5.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
6. 6.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
7. 7.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
8. 8.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) sweets for yourself (d) more seeds for next time
9. 9.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
10. 10.Meera’s stall made a profit of ₹1500. Meera saves 10% of it. How many rupees are saved?
11. 11.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
12. 12.Lakshmi’s stall made a profit of ₹200. Lakshmi saves 25% of it. How many rupees are saved?
13. 13.Gurpreet’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
14. 14.Ananya’s stall made a profit of ₹1900. Ananya saves 10% of it. How many rupees are saved?
15. 15.Ishaan’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
16. 16.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
17. 17.Rohan’s stall made a profit of ₹1300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
18. 18.Nisha’s stall made a profit of ₹800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
19. 19.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
20. 20.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) more seeds for next time (d) a new video game
21. 21.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
22. 22.Which of these is spending on yourself? (a) a cinema ticket (b) a piggy bank for later (c) more seeds for next time (d) buying a second juicer
23. 23.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
24. 24.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) saving is a loss (d) no reason
25. 25.Which of these is saving? (a) a new video game (b) buying a second juicer (c) an emergency fund (d) better paint for cards
26. 26.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
27. 27.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
28. 28.Ananya’s stall made a profit of ₹1400. Ananya saves 50% of it. How many rupees are saved?
29. 29.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
30. 30.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
31. 31.Saanvi’s stall made a profit of ₹1800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
32. 32.Arjun’s stall made a profit of ₹1100. Arjun saves 50% of it. How many rupees are saved?
33. 33.Which of these is reinvesting in the business? (a) buying a second juicer (b) an emergency fund (c) a new video game (d) a piggy bank for later
34. 34.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
35. 35.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
36. 36.Farhan’s stall made a profit of ₹600. Farhan saves 20% of it. How many rupees are saved?
37. 37.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
38. 38.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
39. 39.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
40. 40.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

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