← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 343 · 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 teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) take it secretly (d) borrow online alone
  2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  3. 3.Joseph’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  5. 5.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) an emergency fund (d) a piggy bank for later
  6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  7. 7.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) an emergency fund (d) a new video game
  9. 9.Kavya’s stall made a profit of ₹200. Kavya saves 25% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  12. 12.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  13. 13.Nisha’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  15. 15.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) sweets for yourself (d) buying a second juicer
  16. 16.Which of these is saving? (a) better paint for cards (b) a new video game (c) more seeds for next time (d) a piggy bank for later
  17. 17.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  18. 18.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) an emergency fund (d) profit put in a bank
  19. 19.Vihaan’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.Which of these is saving? (a) a new video game (b) more seeds for next time (c) better paint for cards (d) an emergency fund
  22. 22.Farhan’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Which of these is reinvesting in the business? (a) better paint for cards (b) profit put in a bank (c) a piggy bank for later (d) a new video game
  24. 24.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.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 ₹)?
  26. 26.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  28. 28.Which of these is reinvesting in the business? (a) more seeds for next time (b) a cinema ticket (c) a new video game (d) sweets for yourself
  29. 29.Dev’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 reinvested?
  30. 30.Which of these is saving? (a) profit put in a bank (b) more seeds for next time (c) better paint for cards (d) buying a second juicer
  31. 31.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Farhan’s stall made a profit of ₹1300. Farhan saves 10% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Ananya’s stall made a profit of ₹400. Ananya saves 10% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.Diya’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 reinvested?
  38. 38.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving

Answer key

  1. talk to parents
  2. reinvesting
  3. 100
  4. can I pay it back?
  5. a cinema ticket
  6. spending
  7. 110
  8. a new video game
  9. 50
  10. 12
  11. putting profit back in
  12. the cost of borrowing
  13. 250
  14. reinvesting
  15. sweets for yourself
  16. a piggy bank for later
  17. for bad days and goals
  18. buying a second juicer
  19. 140
  20. 530
  21. an emergency fund
  22. 60
  23. better paint for cards
  24. 10
  25. 1300
  26. 420
  27. spending
  28. more seeds for next time
  29. 540
  30. profit put in a bank
  31. 306
  32. 130
  33. 3
  34. 105
  35. 40
  36. 590
  37. 950
  38. 50
  39. 45
  40. saving

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