← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 258 · 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: sweets for yourself? (a) spending (b) reinvesting (c) saving
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  3. 3.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) a cinema ticket (d) more seeds for next time
  4. 4.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  5. 5.Ananya’s stall made a profit of ₹1400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.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 ₹)?
  7. 7.Zoya’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 spent?
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  9. 9.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  10. 10.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) a piggy bank for later (d) buying a second juicer
  11. 11.Farhan’s stall made a profit of ₹700. Farhan saves 50% of it. How many rupees are saved?
  12. 12.Riya’s stall made a profit of ₹700. Riya saves 50% of it. How many rupees are saved?
  13. 13.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) a new video game (d) buying a second juicer
  14. 14.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) more seeds for next time (d) profit put in a bank
  15. 15.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to keep trust (d) to pay more interest
  16. 16.Vihaan’s stall made a profit of ₹1600. Vihaan saves 25% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  18. 18.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  20. 20.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  21. 21.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.Arjun’s stall made a profit of ₹1400. Arjun saves 10% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  26. 26.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  27. 27.Ishaan’s stall made a profit of ₹1800. Ishaan saves 10% of it. How many rupees are saved?
  28. 28.Diya’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) a piggy bank for later (d) better paint for cards
  32. 32.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Lakshmi’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?
  34. 34.Kavya’s stall made a profit of ₹1200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  37. 37.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.Rohan’s stall made a profit of ₹1200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. spending
  2. saving
  3. more seeds for next time
  4. reinvesting
  5. 560
  6. 224
  7. 560
  8. saving
  9. putting profit back in
  10. buying a second juicer
  11. 350
  12. 350
  13. a new video game
  14. profit put in a bank
  15. to keep trust
  16. 400
  17. spending
  18. 7
  19. for bad days and goals
  20. spending
  21. 126
  22. 140
  23. 120
  24. 896
  25. talk to parents
  26. reinvesting
  27. 180
  28. 80
  29. 144
  30. 63
  31. better paint for cards
  32. 102
  33. 700
  34. 480
  35. 10
  36. the cost of borrowing
  37. 220
  38. 660
  39. 936
  40. 1030

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