Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 214 · 40 questions

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.

1. 1.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
2. 2.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
3. 3.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
4. 4.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
5. 5.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) an emergency fund (d) a piggy bank for later
6. 6.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
7. 7.Gurpreet’s stall made a profit of ₹1200. Gurpreet saves 20% of it. How many rupees are saved?
8. 8.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
9. 9.Riya’s stall made a profit of ₹1700. Riya saves 50% of it. How many rupees are saved?
10. 10.Which of these is saving? (a) a new video game (b) more seeds for next time (c) sweets for yourself (d) an emergency fund
11. 11.Tara’s stall made a profit of ₹1900. Tara saves 10% of it. How many rupees are saved?
12. 12.💡 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?
13. 13.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) more seeds for next time (d) a piggy bank for later
14. 14.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
15. 15.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) sweets for yourself (d) profit put in a bank
16. 16.Zoya’s stall made a profit of ₹1600. Zoya saves 25% of it. How many rupees are saved?
17. 17.Meera’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
18. 18.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
19. 19.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
20. 20.Which of these is saving? (a) more seeds for next time (b) a new video game (c) sweets for yourself (d) profit put in a bank
21. 21.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
22. 22.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) profit put in a bank (d) an emergency fund
23. 23.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) a piggy bank for later (d) a cinema ticket
24. 24.Rohan’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?
25. 25.Gurpreet’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
26. 26.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
27. 27.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
28. 28.Kabir’s stall made a profit of ₹1100. Kabir saves 10% of it. How many rupees are saved?
29. 29.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
30. 30.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
31. 31.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
32. 32.Tara’s stall made a profit of ₹1300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
33. 33.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
34. 34.Vihaan’s stall made a profit of ₹1200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
35. 35.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
36. 36.Gurpreet’s stall made a profit of ₹1400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
37. 37.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
38. 38.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
39. 39.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
40. 40.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift

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