← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 390 · 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 reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) more seeds for next time (d) a new video game
  2. 2.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.Arjun’s stall made a profit of ₹500. Arjun saves 10% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  6. 6.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.Saanvi’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) more seeds for next time (d) sweets for yourself
  9. 9.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  10. 10.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.Tara’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.Gurpreet’s stall made a profit of ₹1200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Riya’s stall made a profit of ₹1900. Riya saves 20% of it. How many rupees are saved?
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  16. 16.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  18. 18.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  19. 19.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  20. 20.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  21. 21.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  22. 22.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) a piggy bank for later (d) a new video game
  24. 24.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) sweets for yourself (d) profit put in a bank
  25. 25.Which of these is saving? (a) an emergency fund (b) a new video game (c) better paint for cards (d) sweets for yourself
  26. 26.Lakshmi’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) to lose friends (d) it does not matter
  28. 28.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  29. 29.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Which of these is reinvesting in the business? (a) better paint for cards (b) a piggy bank for later (c) profit put in a bank (d) a new video game
  31. 31.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.Ishaan’s stall made a profit of ₹1800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) better paint for cards (d) a cinema ticket
  35. 35.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.Zoya’s stall made a profit of ₹600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) buying a second juicer (d) a new video game
  38. 38.Zoya’s stall made a profit of ₹1400. Zoya saves 50% of it. How many rupees are saved?
  39. 39.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) better paint for cards
  40. 40.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason

Answer key

  1. more seeds for next time
  2. 636
  3. 50
  4. 535
  5. spending
  6. 32
  7. 280
  8. sweets for yourself
  9. saving
  10. 120
  11. 1190
  12. 872
  13. 720
  14. 380
  15. talk to parents
  16. 25
  17. spending
  18. reinvesting
  19. reinvesting
  20. saving
  21. reinvesting
  22. 214
  23. a piggy bank for later
  24. profit put in a bank
  25. an emergency fund
  26. 165
  27. to keep trust
  28. putting profit back in
  29. 63
  30. better paint for cards
  31. 4
  32. 900
  33. 770
  34. a cinema ticket
  35. 236
  36. 240
  37. buying a second juicer
  38. 700
  39. a new video game
  40. for bad days and goals

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