← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 375 · 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.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) sweets for yourself (d) better paint for cards
  2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  3. 3.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
  4. 4.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) profit put in a bank (d) a new video game
  5. 5.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  6. 6.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  8. 8.🐷 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
  9. 9.Zoya’s stall made a profit of ₹1700. Zoya saves 50% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  11. 11.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) buying a second juicer (d) better paint for cards
  12. 12.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  13. 13.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) a new video game (d) better paint for cards
  14. 14.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) more seeds for next time (d) buying a second juicer
  15. 15.Joseph’s stall made a profit of ₹1300. Joseph saves 20% of it. How many rupees are saved?
  16. 16.Ishaan’s stall made a profit of ₹1500. Ishaan saves 25% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  19. 19.Kabir’s stall made a profit of ₹600. Kabir saves 10% of it. How many rupees are saved?
  20. 20.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) a cinema ticket (d) buying a second juicer
  21. 21.Joseph’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 reinvested?
  22. 22.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  23. 23.Farhan’s stall made a profit of ₹500. Farhan saves 50% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  27. 27.Rohan’s stall made a profit of ₹1800. Rohan saves 25% of it. How many rupees are saved?
  28. 28.Lakshmi’s stall made a profit of ₹200. Lakshmi saves 50% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) a cinema ticket (d) better paint for cards
  31. 31.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Nisha’s stall made a profit of ₹900. Nisha saves 20% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Dev’s stall made a profit of ₹1600. Dev saves 50% of it. How many rupees are saved?
  36. 36.Ishaan’s stall made a profit of ₹500. Ishaan saves 25% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  39. 39.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  40. 40.Aarav’s stall made a profit of ₹500. Aarav saves 25% of it. How many rupees are saved?

Answer key

  1. sweets for yourself
  2. saving
  3. talk to parents
  4. a new video game
  5. to keep trust
  6. the cost of borrowing
  7. saving
  8. for bad days and goals
  9. 850
  10. reinvesting
  11. profit put in a bank
  12. spending
  13. better paint for cards
  14. a piggy bank for later
  15. 260
  16. 375
  17. 672
  18. spending
  19. 60
  20. buying a second juicer
  21. 570
  22. putting profit back in
  23. 250
  24. 424
  25. 240
  26. reinvesting
  27. 450
  28. 100
  29. 15
  30. a cinema ticket
  31. 45
  32. 318
  33. 180
  34. 315
  35. 800
  36. 125
  37. 36
  38. saving
  39. reinvesting
  40. 125

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