← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 229 · 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.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  2. 2.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) more seeds for next time (d) profit put in a bank
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  4. 4.Farhan’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) a new video game (d) an emergency fund
  6. 6.Rohan’s stall made a profit of ₹600. Rohan saves 50% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  8. 8.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  10. 10.Joseph’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  12. 12.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  13. 13.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) buying a second juicer (d) profit put in a bank
  14. 14.Tara’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.Diya’s stall made a profit of ₹1300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  17. 17.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) an emergency fund (d) buying a second juicer
  18. 18.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.Ananya’s stall made a profit of ₹600. Ananya saves 25% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) buying a second juicer (d) a cinema ticket
  23. 23.Vihaan’s stall made a profit of ₹500. Vihaan saves 25% of it. How many rupees are saved?
  24. 24.Diya’s stall made a profit of ₹800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Rohan’s stall made a profit of ₹900. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Saanvi’s stall made a profit of ₹1300. Saanvi saves 50% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Nisha’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Zoya’s stall made a profit of ₹200. Zoya saves 50% of it. How many rupees are saved?
  30. 30.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  31. 31.Which of these is reinvesting in the business? (a) more seeds for next time (b) an emergency fund (c) a new video game (d) sweets for yourself
  32. 32.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) profit put in a bank
  34. 34.Ananya’s stall made a profit of ₹700. Ananya saves 50% of it. How many rupees are saved?
  35. 35.Nisha’s stall made a profit of ₹900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.Ishaan’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Vihaan’s stall made a profit of ₹1400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Aarav’s stall made a profit of ₹700. Aarav saves 20% of it. How many rupees are saved?
  40. 40.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) profit put in a bank (d) a new video game

Answer key

  1. saving
  2. sweets for yourself
  3. saving
  4. 120
  5. an emergency fund
  6. 300
  7. reinvesting
  8. spending
  9. talk to parents
  10. 120
  11. to keep trust
  12. the cost of borrowing
  13. profit put in a bank
  14. 100
  15. 260
  16. for bad days and goals
  17. a new video game
  18. 954
  19. 150
  20. 321
  21. 721
  22. a cinema ticket
  23. 125
  24. 320
  25. 360
  26. 650
  27. 10
  28. 1120
  29. 100
  30. can I pay it back?
  31. more seeds for next time
  32. 80
  33. buying a second juicer
  34. 350
  35. 540
  36. 1200
  37. 640
  38. 280
  39. 140
  40. better paint for cards

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