← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 129 · 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.Meera’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Lakshmi’s stall made a profit of ₹1200. Lakshmi saves 10% of it. How many rupees are saved?
  3. 3.Ishaan’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.Tara’s stall made a profit of ₹1600. Tara saves 50% of it. How many rupees are saved?
  7. 7.Aarav’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  11. 11.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) buying a second juicer (d) profit put in a bank
  12. 12.Lakshmi’s stall made a profit of ₹1300. Lakshmi saves 10% of it. How many rupees are saved?
  13. 13.Lakshmi’s stall made a profit of ₹1100. Lakshmi saves 20% of it. How many rupees are saved?
  14. 14.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) better paint for cards
  15. 15.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a new video game (d) better paint for cards
  17. 17.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  19. 19.Lakshmi’s stall made a profit of ₹1100. Lakshmi saves 50% of it. How many rupees are saved?
  20. 20.Which of these is saving? (a) more seeds for next time (b) a new video game (c) a cinema ticket (d) profit put in a bank
  21. 21.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  22. 22.Tara’s stall made a profit of ₹600. Tara saves 10% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  24. 24.Kabir’s stall made a profit of ₹200. Kabir saves 20% of it. How many rupees are saved?
  25. 25.Ishaan’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
  28. 28.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  29. 29.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  32. 32.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
  33. 33.Kabir’s stall made a profit of ₹1000. Kabir saves 50% of it. How many rupees are saved?
  34. 34.Arjun’s stall made a profit of ₹1700. Arjun saves 25% of it. How many rupees are saved?
  35. 35.Lakshmi’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Which of these is spending on yourself? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) an emergency fund
  37. 37.Riya’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?
  38. 38.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) to pay more interest (d) it does not matter
  39. 39.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  40. 40.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 160
  2. 120
  3. 160
  4. 105
  5. 192
  6. 800
  7. 300
  8. 8
  9. 216
  10. can I pay it back?
  11. buying a second juicer
  12. 130
  13. 220
  14. a cinema ticket
  15. 726
  16. a new video game
  17. 18
  18. spending
  19. 550
  20. profit put in a bank
  21. reinvesting
  22. 60
  23. reinvesting
  24. 40
  25. 180
  26. 20
  27. for bad days and goals
  28. spending
  29. 108
  30. 48
  31. saving
  32. an emergency fund
  33. 500
  34. 425
  35. 200
  36. sweets for yourself
  37. 600
  38. to keep trust
  39. talk to parents
  40. 1180

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