← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 365 · 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.Farhan’s stall made a profit of ₹1600. Farhan saves 50% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  4. 4.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  5. 5.Saanvi’s stall made a profit of ₹200. Saanvi saves 50% of it. How many rupees are saved?
  6. 6.Ishaan’s stall made a profit of ₹600. Ishaan saves 10% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  8. 8.Dev’s stall made a profit of ₹1100. Dev saves 20% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a new video game (d) a piggy bank for later
  11. 11.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.Rohan’s stall made a profit of ₹2000. Rohan saves 20% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  15. 15.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  16. 16.Rohan’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  18. 18.Ishaan’s stall made a profit of ₹2000. Ishaan saves 25% of it. How many rupees are saved?
  19. 19.Ananya’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  21. 21.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  22. 22.Meera’s stall made a profit of ₹400. Meera saves 10% of it. How many rupees are saved?
  23. 23.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) buying a second juicer (d) sweets for yourself
  24. 24.Riya’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.Which of these is saving? (a) profit put in a bank (b) sweets for yourself (c) a new video game (d) buying a second juicer
  28. 28.Dev’s stall made a profit of ₹500. Dev saves 20% of it. How many rupees are saved?
  29. 29.Which of these is spending on yourself? (a) a cinema ticket (b) an emergency fund (c) profit put in a bank (d) more seeds for next time
  30. 30.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Saanvi’s stall made a profit of ₹700. Saanvi saves 25% of it. How many rupees are saved?
  32. 32.Kavya’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Aarav’s stall made a profit of ₹600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Joseph’s stall made a profit of ₹500. Joseph saves 10% of it. How many rupees are saved?
  35. 35.Aarav’s stall made a profit of ₹800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Which of these is reinvesting in the business? (a) better paint for cards (b) sweets for yourself (c) an emergency fund (d) a piggy bank for later
  37. 37.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  38. 38.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending

Answer key

  1. 800
  2. 8
  3. saving
  4. putting profit back in
  5. 100
  6. 60
  7. saving
  8. 220
  9. 1080
  10. a new video game
  11. 15
  12. 436
  13. 400
  14. saving
  15. to keep trust
  16. 120
  17. talk to parents
  18. 500
  19. 180
  20. the cost of borrowing
  21. spending
  22. 40
  23. sweets for yourself
  24. 120
  25. 121
  26. 140
  27. profit put in a bank
  28. 100
  29. a cinema ticket
  30. 108
  31. 175
  32. 120
  33. 270
  34. 50
  35. 400
  36. better paint for cards
  37. reinvesting
  38. 6
  39. 228
  40. spending

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