← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 187 · 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.Joseph’s stall made a profit of ₹1800. Joseph saves 10% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.Ananya’s stall made a profit of ₹600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Lakshmi’s stall made a profit of ₹1000. Lakshmi saves 10% of it. How many rupees are saved?
  5. 5.Ishaan’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  7. 7.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
  8. 8.Arjun’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  10. 10.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  13. 13.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
  14. 14.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) buying a second juicer (d) a new video game
  15. 15.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Kabir’s stall made a profit of ₹600. Kabir saves 20% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.Gurpreet’s stall made a profit of ₹1500. Gurpreet saves 10% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  23. 23.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) a piggy bank for later (d) sweets for yourself
  26. 26.Ananya’s stall made a profit of ₹1600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Saanvi’s stall made a profit of ₹900. Saanvi saves 10% of it. How many rupees are saved?
  28. 28.Ananya’s stall made a profit of ₹400. Ananya saves 20% of it. How many rupees are saved?
  29. 29.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) more seeds for next time (d) profit put in a bank
  30. 30.Rohan’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?
  31. 31.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Saanvi’s stall made a profit of ₹1000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Kabir’s stall made a profit of ₹200. Kabir saves 25% of it. How many rupees are saved?
  37. 37.Zoya’s stall made a profit of ₹500. Zoya saves 10% of it. How many rupees are saved?
  38. 38.Nisha’s stall made a profit of ₹1700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  40. 40.Ishaan’s stall made a profit of ₹1600. Ishaan saves 10% of it. How many rupees are saved?

Answer key

  1. 180
  2. 144
  3. 300
  4. 100
  5. 600
  6. reinvesting
  7. for bad days and goals
  8. 120
  9. saving
  10. 14
  11. spending
  12. saving
  13. can I pay it back?
  14. buying a second juicer
  15. 75
  16. 120
  17. 16
  18. 150
  19. 28
  20. 816
  21. 1300
  22. putting profit back in
  23. 448
  24. 728
  25. a piggy bank for later
  26. 800
  27. 90
  28. 80
  29. more seeds for next time
  30. 520
  31. 18
  32. 300
  33. 635
  34. 60
  35. 81
  36. 50
  37. 50
  38. 680
  39. spending
  40. 160

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