Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 227 · 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.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
2. 2.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
3. 3.Ishaan’s stall made a profit of ₹1700. Ishaan saves 20% of it. How many rupees are saved?
4. 4.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) a piggy bank for later (d) sweets for yourself
5. 5.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
6. 6.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
7. 7.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
8. 8.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
9. 9.Which of these is reinvesting in the business? (a) more seeds for next time (b) a cinema ticket (c) profit put in a bank (d) sweets for yourself
10. 10.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
11. 11.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
12. 12.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 20% of it. How many rupees are saved?
13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
14. 14.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
15. 15.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) a piggy bank for later (d) buying a second juicer
16. 16.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) a piggy bank for later (d) a new video game
17. 17.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
18. 18.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
19. 19.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) profit put in a bank (d) a new video game
20. 20.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
21. 21.Nisha’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
22. 22.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
23. 23.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
24. 24.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
25. 25.Aarav’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
26. 26.Kabir’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
27. 27.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
28. 28.Ishaan’s stall made a profit of ₹1400. Ishaan saves 10% of it. How many rupees are saved?
29. 29.Vihaan’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
30. 30.Joseph’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 spent?
31. 31.Kabir’s stall made a profit of ₹600. Kabir saves 50% of it. How many rupees are saved?
32. 32.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
33. 33.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
34. 34.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
35. 35.Zoya’s stall made a profit of ₹1800. Zoya saves 25% of it. How many rupees are saved?
36. 36.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
37. 37.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) an emergency fund (d) a cinema ticket
38. 38.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
39. 39.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
40. 40.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending

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