← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 160 · 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 ₹1000. Meera saves 25% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  4. 4.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  5. 5.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  6. 6.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  8. 8.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  9. 9.Which of these is reinvesting in the business? (a) buying a second juicer (b) an emergency fund (c) a piggy bank for later (d) profit put in a bank
  10. 10.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  11. 11.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) buying a second juicer (d) a new video game
  12. 12.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.Aarav’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a new video game (d) an emergency fund
  17. 17.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  18. 18.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  20. 20.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) more seeds for next time (d) an emergency fund
  21. 21.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) an emergency fund (d) a cinema ticket
  24. 24.Farhan’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  26. 26.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  28. 28.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Lakshmi’s stall made a profit of ₹1300. Lakshmi saves 50% of it. How many rupees are saved?
  30. 30.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) a cinema ticket (d) better paint for cards
  31. 31.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Nisha’s stall made a profit of ₹1600. Nisha saves 25% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  34. 34.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Kabir’s stall made a profit of ₹1900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) more seeds for next time (d) better paint for cards
  38. 38.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. 250
  2. 315
  3. saving
  4. for bad days and goals
  5. to keep trust
  6. 6
  7. talk to parents
  8. reinvesting
  9. buying a second juicer
  10. putting profit back in
  11. a new video game
  12. 60
  13. 12
  14. 600
  15. 1044
  16. an emergency fund
  17. the cost of borrowing
  18. 25
  19. spending
  20. sweets for yourself
  21. 20
  22. 60
  23. a cinema ticket
  24. 520
  25. saving
  26. 208
  27. spending
  28. 690
  29. 650
  30. better paint for cards
  31. 590
  32. 400
  33. reinvesting
  34. 981
  35. 345
  36. 475
  37. profit put in a bank
  38. 96
  39. 90
  40. 54

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