← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 200 · 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.Zoya’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  3. 3.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  7. 7.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  8. 8.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) profit put in a bank (d) a piggy bank for later
  10. 10.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 ₹)?
  11. 11.Ishaan’s stall made a profit of ₹1500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  13. 13.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) an emergency fund (d) more seeds for next time
  15. 15.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  17. 17.Which of these is saving? (a) profit put in a bank (b) better paint for cards (c) a new video game (d) sweets for yourself
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  19. 19.Vihaan’s stall made a profit of ₹1700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Saanvi’s stall made a profit of ₹400. Saanvi saves 10% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  22. 22.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) more seeds for next time (d) sweets for yourself
  23. 23.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) nothing (d) what is the logo?
  24. 24.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.Zoya’s stall made a profit of ₹1100. Zoya saves 20% of it. How many rupees are saved?
  26. 26.Farhan’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) a piggy bank for later (d) an emergency fund
  28. 28.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  29. 29.Gurpreet’s stall made a profit of ₹1100. Gurpreet saves 25% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Ishaan’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Which of these is saving? (a) a piggy bank for later (b) more seeds for next time (c) buying a second juicer (d) sweets for yourself
  33. 33.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  34. 34.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  35. 35.Rohan’s stall made a profit of ₹400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  37. 37.Kavya’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Zoya’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 200
  2. reinvesting
  3. 15
  4. 12
  5. 990
  6. for bad days and goals
  7. reinvesting
  8. 48
  9. buying a second juicer
  10. 1044
  11. 600
  12. saving
  13. 780
  14. more seeds for next time
  15. 25
  16. talk to parents
  17. profit put in a bank
  18. saving
  19. 340
  20. 40
  21. reinvesting
  22. sweets for yourself
  23. can I pay it back?
  24. 40
  25. 220
  26. 200
  27. a cinema ticket
  28. the cost of borrowing
  29. 275
  30. 728
  31. 225
  32. a piggy bank for later
  33. putting profit back in
  34. saving
  35. 200
  36. spending
  37. 350
  38. 6
  39. 150
  40. 798

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