← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 185 · 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.Riya’s stall made a profit of ₹300. Riya saves 20% of it. How many rupees are saved?
  2. 2.Vihaan’s stall made a profit of ₹1600. Vihaan saves 50% of it. How many rupees are saved?
  3. 3.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  4. 4.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) an emergency fund (d) more seeds for next time
  5. 5.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) more seeds for next time (d) profit put in a bank
  7. 7.Rohan’s stall made a profit of ₹1900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) a cinema ticket (d) better paint for cards
  9. 9.Vihaan’s stall made a profit of ₹500. Vihaan saves 25% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  12. 12.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.Joseph’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) an emergency fund (d) a piggy bank for later
  15. 15.🐷 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
  16. 16.Nisha’s stall made a profit of ₹600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Tara’s stall made a profit of ₹700. Tara saves 50% of it. How many rupees are saved?
  18. 18.Tara’s stall made a profit of ₹1200. Tara saves 25% of it. How many rupees are saved?
  19. 19.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  20. 20.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  21. 21.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  22. 22.Aarav’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 reinvested?
  23. 23.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  25. 25.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  26. 26.Dev’s stall made a profit of ₹1900. Dev saves 10% of it. How many rupees are saved?
  27. 27.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) better paint for cards (d) a cinema ticket
  28. 28.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) a cinema ticket (d) a new video game
  29. 29.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) profit put in a bank (d) sweets for yourself
  30. 30.Kavya’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 spent?
  31. 31.Farhan’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Arjun’s stall made a profit of ₹1800. Arjun saves 25% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.Which of these is reinvesting in the business? (a) more seeds for next time (b) an emergency fund (c) profit put in a bank (d) a cinema ticket
  38. 38.Vihaan’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 spent?
  39. 39.Rohan’s stall made a profit of ₹300. Rohan saves 20% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 60
  2. 800
  3. spending
  4. a new video game
  5. 550
  6. profit put in a bank
  7. 570
  8. a piggy bank for later
  9. 125
  10. reinvesting
  11. spending
  12. 954
  13. 320
  14. a cinema ticket
  15. for bad days and goals
  16. 180
  17. 350
  18. 300
  19. the cost of borrowing
  20. saving
  21. talk to parents
  22. 800
  23. 1080
  24. saving
  25. can I pay it back?
  26. 190
  27. better paint for cards
  28. an emergency fund
  29. buying a second juicer
  30. 715
  31. 840
  32. 216
  33. 135
  34. 450
  35. 927
  36. 520
  37. more seeds for next time
  38. 715
  39. 60
  40. 696

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