← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 2 · 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.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  3. 3.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  4. 4.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) an emergency fund (d) more seeds for next time
  5. 5.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  6. 6.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) better paint for cards (d) profit put in a bank
  7. 7.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  9. 9.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  11. 11.Vihaan’s stall made a profit of ₹1100. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.Which of these is saving? (a) a new video game (b) a cinema ticket (c) more seeds for next time (d) a piggy bank for later
  13. 13.Ishaan’s stall made a profit of ₹1700. Ishaan saves 20% of it. How many rupees are saved?
  14. 14.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) sweets for yourself (d) profit put in a bank
  15. 15.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  16. 16.Aarav’s stall made a profit of ₹900. Aarav saves 50% of it. How many rupees are saved?
  17. 17.Dev’s stall made a profit of ₹1800. Dev saves 10% of it. How many rupees are saved?
  18. 18.Dev’s stall made a profit of ₹300. Dev saves 10% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  21. 21.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  22. 22.Joseph’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 spent?
  23. 23.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Ishaan’s stall made a profit of ₹400. Ishaan saves 10% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  26. 26.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
  27. 27.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) buying a second juicer (d) more seeds for next time
  28. 28.Rohan’s stall made a profit of ₹2000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  30. 30.Vihaan’s stall made a profit of ₹300. Vihaan saves 50% of it. How many rupees are saved?
  31. 31.Meera’s stall made a profit of ₹1600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) a piggy bank for later
  33. 33.Gurpreet’s stall made a profit of ₹1000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  36. 36.Gurpreet’s stall made a profit of ₹1900. Gurpreet saves 50% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.Aarav’s stall made a profit of ₹1800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Lakshmi’s stall made a profit of ₹800. Lakshmi saves 50% of it. How many rupees are saved?
  40. 40.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) buying a second juicer (d) a piggy bank for later

Answer key

  1. 6
  2. talk to parents
  3. spending
  4. a cinema ticket
  5. saving
  6. profit put in a bank
  7. 12
  8. for bad days and goals
  9. 144
  10. spending
  11. 385
  12. a piggy bank for later
  13. 340
  14. sweets for yourself
  15. saving
  16. 450
  17. 180
  18. 30
  19. 660
  20. reinvesting
  21. can I pay it back?
  22. 850
  23. 36
  24. 40
  25. spending
  26. putting profit back in
  27. an emergency fund
  28. 1000
  29. to keep trust
  30. 150
  31. 880
  32. a new video game
  33. 350
  34. 102
  35. saving
  36. 950
  37. 412
  38. 900
  39. 400
  40. buying a second juicer

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