← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 348 · 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 ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  3. 3.Which of these is saving? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) better paint for cards
  4. 4.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) a new video game (d) buying a second juicer
  5. 5.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  7. 7.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  8. 8.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  9. 9.Ishaan’s stall made a profit of ₹1600. Ishaan saves 20% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  11. 11.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) better paint for cards (d) an emergency fund
  12. 12.Ananya’s stall made a profit of ₹1000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Nisha’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Rohan’s stall made a profit of ₹400. Rohan saves 25% of it. How many rupees are saved?
  15. 15.Which of these is spending on yourself? (a) an emergency fund (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
  16. 16.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  17. 17.Kabir’s stall made a profit of ₹800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Which of these is saving? (a) a new video game (b) more seeds for next time (c) profit put in a bank (d) a cinema ticket
  19. 19.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  22. 22.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) better paint for cards (d) a cinema ticket
  23. 23.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) a cinema ticket (d) better paint for cards
  24. 24.Diya’s stall made a profit of ₹300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  26. 26.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  27. 27.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  28. 28.Farhan’s stall made a profit of ₹900. Farhan saves 25% of it. How many rupees are saved?
  29. 29.Saanvi’s stall made a profit of ₹1700. Saanvi saves 50% of it. How many rupees are saved?
  30. 30.Tara’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Tara’s stall made a profit of ₹700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  34. 34.Lakshmi’s stall made a profit of ₹600. Lakshmi saves 20% of it. How many rupees are saved?
  35. 35.Kabir’s stall made a profit of ₹1100. Kabir saves 10% of it. How many rupees are saved?
  36. 36.Diya’s stall made a profit of ₹400. Diya saves 20% of it. How many rupees are saved?
  37. 37.Kavya’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Riya’s stall made a profit of ₹1700. Riya saves 10% of it. How many rupees are saved?
  39. 39.Which of these is spending on yourself? (a) a new video game (b) buying a second juicer (c) profit put in a bank (d) an emergency fund
  40. 40.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. 330
  2. for bad days and goals
  3. a piggy bank for later
  4. buying a second juicer
  5. reinvesting
  6. reinvesting
  7. the cost of borrowing
  8. putting profit back in
  9. 320
  10. reinvesting
  11. better paint for cards
  12. 400
  13. 60
  14. 100
  15. sweets for yourself
  16. to keep trust
  17. 320
  18. profit put in a bank
  19. 106
  20. 112
  21. saving
  22. an emergency fund
  23. a cinema ticket
  24. 120
  25. spending
  26. spending
  27. saving
  28. 225
  29. 850
  30. 1140
  31. 140
  32. 168
  33. spending
  34. 120
  35. 110
  36. 80
  37. 520
  38. 170
  39. a new video game
  40. 42

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