← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 146 · 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.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  2. 2.Aarav’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.Gurpreet’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) a piggy bank for later (d) buying a second juicer
  5. 5.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.👪 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
  7. 7.Aarav’s stall made a profit of ₹1100. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  9. 9.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  10. 10.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.Rohan’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  13. 13.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) to pay more interest (d) it does not matter
  14. 14.Joseph’s stall made a profit of ₹1500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.Ishaan’s stall made a profit of ₹2000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Diya’s stall made a profit of ₹700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Which of these is reinvesting in the business? (a) more seeds for next time (b) a piggy bank for later (c) an emergency fund (d) a new video game
  18. 18.Aarav’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) better paint for cards (d) a cinema ticket
  20. 20.Ananya’s stall made a profit of ₹600. Ananya saves 50% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  22. 22.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  23. 23.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  24. 24.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  25. 25.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  26. 26.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  27. 27.Kavya’s stall made a profit of ₹800. Kavya saves 10% of it. How many rupees are saved?
  28. 28.Which of these is spending on yourself? (a) a new video game (b) an emergency fund (c) more seeds for next time (d) profit put in a bank
  29. 29.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) buying a second juicer (d) a cinema ticket
  30. 30.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) an emergency fund (d) buying a second juicer
  31. 31.Ishaan’s stall made a profit of ₹1200. Ishaan saves 20% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.Riya’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Which of these is spending on yourself? (a) sweets for yourself (b) more seeds for next time (c) a piggy bank for later (d) better paint for cards
  36. 36.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Which of these is reinvesting in the business? (a) better paint for cards (b) an emergency fund (c) a new video game (d) a piggy bank for later
  38. 38.Vihaan’s stall made a profit of ₹1100. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Joseph’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. for bad days and goals
  2. 100
  3. 440
  4. a piggy bank for later
  5. 108
  6. talk to parents
  7. 330
  8. saving
  9. spending
  10. 545
  11. 420
  12. saving
  13. to keep trust
  14. 750
  15. 700
  16. 140
  17. more seeds for next time
  18. 165
  19. a cinema ticket
  20. 300
  21. saving
  22. spending
  23. the cost of borrowing
  24. reinvesting
  25. reinvesting
  26. putting profit back in
  27. 80
  28. a new video game
  29. buying a second juicer
  30. an emergency fund
  31. 240
  32. 48
  33. 784
  34. 1260
  35. sweets for yourself
  36. 7
  37. better paint for cards
  38. 495
  39. 120
  40. 36

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