← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 321 · 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: better paint for cards? (a) saving (b) spending (c) reinvesting
  2. 2.Arjun’s stall made a profit of ₹1500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.Which of these is saving? (a) a new video game (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  4. 4.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  5. 5.Rohan’s stall made a profit of ₹1700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Tara’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.Which of these is spending on yourself? (a) a cinema ticket (b) better paint for cards (c) a piggy bank for later (d) more seeds for next time
  8. 8.🐷 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
  9. 9.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) a new video game (d) profit put in a bank
  10. 10.Zoya’s stall made a profit of ₹400. 10% 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) spending (b) saving (c) reinvesting
  12. 12.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  14. 14.Arjun’s stall made a profit of ₹1400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  17. 17.Rohan’s stall made a profit of ₹600. Rohan saves 20% of it. How many rupees are saved?
  18. 18.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  19. 19.Rohan’s stall made a profit of ₹400. Rohan saves 20% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Tara’s stall made a profit of ₹800. Tara saves 20% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.Lakshmi’s stall made a profit of ₹1800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  25. 25.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  29. 29.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  30. 30.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Diya’s stall made a profit of ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.Vihaan’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Arjun’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.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  39. 39.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
  40. 40.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) profit put in a bank (d) better paint for cards

Answer key

  1. reinvesting
  2. 750
  3. an emergency fund
  4. the cost of borrowing
  5. 510
  6. 1200
  7. a cinema ticket
  8. for bad days and goals
  9. profit put in a bank
  10. 120
  11. reinvesting
  12. can I pay it back?
  13. saving
  14. 700
  15. 48
  16. spending
  17. 120
  18. spending
  19. 80
  20. 12
  21. 160
  22. 72
  23. 720
  24. saving
  25. 72
  26. 6
  27. 8
  28. putting profit back in
  29. talk to parents
  30. 648
  31. 780
  32. 90
  33. 420
  34. 16
  35. 275
  36. 32
  37. 327
  38. saving
  39. to keep trust
  40. better paint for cards

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