← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 241 · 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.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  2. 2.Rohan’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  4. 4.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.Arjun’s stall made a profit of ₹1800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Kabir’s stall made a profit of ₹2000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.Joseph’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  9. 9.Zoya’s stall made a profit of ₹1100. Zoya saves 10% of it. How many rupees are saved?
  10. 10.Farhan’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  12. 12.Aarav’s stall made a profit of ₹300. Aarav saves 10% of it. How many rupees are saved?
  13. 13.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) profit put in a bank (d) better paint for cards
  14. 14.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  16. 16.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Which of these is saving? (a) a new video game (b) a cinema ticket (c) better paint for cards (d) an emergency fund
  18. 18.Riya’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.Which of these is saving? (a) profit put in a bank (b) a new video game (c) a cinema ticket (d) sweets for yourself
  21. 21.Tara’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  23. 23.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  25. 25.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) a piggy bank for later (d) more seeds for next time
  26. 26.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  28. 28.Kavya’s stall made a profit of ₹200. Kavya saves 50% of it. How many rupees are saved?
  29. 29.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
  30. 30.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  31. 31.Aarav’s stall made a profit of ₹600. Aarav saves 50% of it. How many rupees are saved?
  32. 32.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  33. 33.Gurpreet’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Saanvi’s stall made a profit of ₹1400. Saanvi saves 10% of it. How many rupees are saved?
  35. 35.Ishaan’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) buying a second juicer (d) a piggy bank for later
  37. 37.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) buying a second juicer (d) an emergency fund
  39. 39.Meera’s stall made a profit of ₹2000. Meera saves 20% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. can I pay it back?
  2. 560
  3. to keep trust
  4. 910
  5. 810
  6. 800
  7. 600
  8. putting profit back in
  9. 110
  10. 180
  11. reinvesting
  12. 30
  13. better paint for cards
  14. spending
  15. talk to parents
  16. 2
  17. an emergency fund
  18. 300
  19. 81
  20. profit put in a bank
  21. 80
  22. reinvesting
  23. 1300
  24. saving
  25. a piggy bank for later
  26. 30
  27. the cost of borrowing
  28. 100
  29. for bad days and goals
  30. spending
  31. 300
  32. reinvesting
  33. 180
  34. 140
  35. 275
  36. a cinema ticket
  37. 140
  38. buying a second juicer
  39. 400
  40. 816

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