← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 317 · 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.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.Ishaan’s stall made a profit of ₹1000. Ishaan saves 25% of it. How many rupees are saved?
  3. 3.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) an emergency fund (d) buying a second juicer
  4. 4.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  5. 5.Which of these is spending on yourself? (a) sweets for yourself (b) buying a second juicer (c) better paint for cards (d) more seeds for next time
  6. 6.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) a cinema ticket (d) a piggy bank for later
  7. 7.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  11. 11.Vihaan’s stall made a profit of ₹1100. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.Zoya’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) a piggy bank for later (d) a cinema ticket
  15. 15.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  16. 16.Which of these is reinvesting in the business? (a) better paint for cards (b) profit put in a bank (c) a new video game (d) sweets for yourself
  17. 17.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.Nisha’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Meera’s stall made a profit of ₹2000. Meera saves 20% of it. How many rupees are saved?
  20. 20.Ananya’s stall made a profit of ₹1900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.Meera’s stall made a profit of ₹900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) an emergency fund (d) more seeds for next time
  23. 23.Nisha’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to keep trust (d) to pay more interest
  25. 25.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  26. 26.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  27. 27.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.Tara’s stall made a profit of ₹300. Tara saves 10% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  30. 30.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.Aarav’s stall made a profit of ₹1500. Aarav saves 25% of it. How many rupees are saved?
  32. 32.Nisha’s stall made a profit of ₹300. Nisha saves 50% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  36. 36.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) buying a second juicer (d) a new video game
  37. 37.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  40. 40.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. 1040
  2. 250
  3. buying a second juicer
  4. reinvesting
  5. sweets for yourself
  6. a piggy bank for later
  7. 100
  8. 1090
  9. 972
  10. reinvesting
  11. 220
  12. 8
  13. 480
  14. a cinema ticket
  15. spending
  16. better paint for cards
  17. 40
  18. 760
  19. 400
  20. 950
  21. 450
  22. more seeds for next time
  23. 100
  24. to keep trust
  25. the cost of borrowing
  26. talk to parents
  27. 448
  28. 30
  29. reinvesting
  30. 45
  31. 375
  32. 150
  33. 708
  34. 36
  35. saving
  36. a new video game
  37. 412
  38. 42
  39. putting profit back in
  40. 24

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