← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 4 · 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 ₹900 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) sweets for yourself (d) a new video game
  3. 3.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  4. 4.🐷 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
  5. 5.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
  6. 6.Tara’s stall made a profit of ₹1000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) a cinema ticket (d) a piggy bank for later
  8. 8.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.Arjun’s stall made a profit of ₹300. Arjun saves 25% of it. How many rupees are saved?
  11. 11.Zoya’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  13. 13.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  15. 15.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.Ananya’s stall made a profit of ₹300. Ananya saves 25% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  18. 18.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 10% of it. How many rupees are saved?
  19. 19.Zoya’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?
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  21. 21.Arjun’s stall made a profit of ₹500. Arjun saves 25% of it. How many rupees are saved?
  22. 22.Saanvi’s stall made a profit of ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  24. 24.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) buying a second juicer (d) profit put in a bank
  25. 25.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.Diya’s stall made a profit of ₹600. Diya saves 20% of it. How many rupees are saved?
  27. 27.Rohan’s stall made a profit of ₹1300. Rohan saves 20% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.Ananya’s stall made a profit of ₹700. Ananya saves 20% of it. How many rupees are saved?
  30. 30.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) an emergency fund (d) a piggy bank for later
  31. 31.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Diya’s stall made a profit of ₹1900. Diya saves 10% of it. How many rupees are saved?
  33. 33.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) profit put in a bank (d) sweets for yourself
  34. 34.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  35. 35.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Aarav’s stall made a profit of ₹300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  39. 39.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Aarav’s stall made a profit of ₹1000. Aarav saves 25% of it. How many rupees are saved?

Answer key

  1. 144
  2. a piggy bank for later
  3. spending
  4. for bad days and goals
  5. buying a second juicer
  6. 450
  7. better paint for cards
  8. 728
  9. 6
  10. 75
  11. 1260
  12. saving
  13. 312
  14. talk to parents
  15. 98
  16. 75
  17. spending
  18. 50
  19. 120
  20. saving
  21. 125
  22. 780
  23. can I pay it back?
  24. profit put in a bank
  25. 8
  26. 120
  27. 260
  28. 440
  29. 140
  30. a cinema ticket
  31. 24
  32. 190
  33. sweets for yourself
  34. saving
  35. 936
  36. 180
  37. 109
  38. the cost of borrowing
  39. 18
  40. 250

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