← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 201 · 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.Aarav’s stall made a profit of ₹1800. Aarav saves 50% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  4. 4.Which of these is spending on yourself? (a) a new video game (b) more seeds for next time (c) a piggy bank for later (d) profit put in a bank
  5. 5.Which of these is spending on yourself? (a) profit put in a bank (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
  6. 6.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) no reason (d) saving is a loss
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  8. 8.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Rohan’s stall made a profit of ₹1600. Rohan saves 10% of it. How many rupees are saved?
  10. 10.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) more seeds for next time (d) better paint for cards
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
  12. 12.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  14. 14.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  16. 16.Farhan’s stall made a profit of ₹1300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Riya’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  19. 19.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) more seeds for next time (d) profit put in a bank
  21. 21.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  22. 22.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  25. 25.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) more seeds for next time (d) an emergency fund
  26. 26.Meera’s stall made a profit of ₹2000. Meera saves 50% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  29. 29.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.Kabir’s stall made a profit of ₹600. Kabir saves 25% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Aarav’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.A small family shop borrows ₹1000 from a bank at 8% 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 3 years (in ₹)?
  35. 35.Gurpreet’s stall made a profit of ₹700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Zoya’s stall made a profit of ₹1900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  38. 38.Diya’s stall made a profit of ₹700. Diya saves 50% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.Kabir’s stall made a profit of ₹1100. Kabir saves 25% of it. How many rupees are saved?

Answer key

  1. 900
  2. 135
  3. the cost of borrowing
  4. a new video game
  5. sweets for yourself
  6. for bad days and goals
  7. saving
  8. 90
  9. 160
  10. profit put in a bank
  11. talk to parents
  12. 342
  13. can I pay it back?
  14. 80
  15. to keep trust
  16. 650
  17. 250
  18. reinvesting
  19. 832
  20. more seeds for next time
  21. saving
  22. 648
  23. 72
  24. spending
  25. an emergency fund
  26. 1000
  27. 12
  28. spending
  29. 112
  30. 150
  31. 27
  32. 300
  33. 1240
  34. 180
  35. 350
  36. 380
  37. spending
  38. 350
  39. 868
  40. 275

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