← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 405 · 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.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  2. 2.Which of these is spending on yourself? (a) a cinema ticket (b) an emergency fund (c) more seeds for next time (d) a piggy bank for later
  3. 3.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  4. 4.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  6. 6.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.Ananya’s stall made a profit of ₹400. Ananya saves 25% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  9. 9.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) sweets for yourself
  10. 10.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) sweets for yourself (d) a cinema ticket
  11. 11.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.Ishaan’s stall made a profit of ₹1300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.Gurpreet’s stall made a profit of ₹800. Gurpreet saves 50% of it. How many rupees are saved?
  15. 15.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 ₹)?
  16. 16.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  17. 17.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.Diya’s stall made a profit of ₹1100. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  20. 20.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.Joseph’s stall made a profit of ₹1400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  24. 24.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  26. 26.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.Vihaan’s stall made a profit of ₹1400. Vihaan saves 20% of it. How many rupees are saved?
  28. 28.Farhan’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?
  29. 29.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  30. 30.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 ₹)?
  31. 31.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  34. 34.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) an emergency fund (d) more seeds for next time
  35. 35.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  36. 36.Which of these is spending on yourself? (a) sweets for yourself (b) buying a second juicer (c) profit put in a bank (d) better paint for cards
  37. 37.Lakshmi’s stall made a profit of ₹500. Lakshmi saves 25% of it. How many rupees are saved?
  38. 38.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  39. 39.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. reinvesting
  2. a cinema ticket
  3. spending
  4. 16
  5. spending
  6. 180
  7. 100
  8. reinvesting
  9. an emergency fund
  10. a piggy bank for later
  11. 847
  12. 260
  13. 390
  14. 400
  15. 214
  16. for bad days and goals
  17. 110
  18. 550
  19. putting profit back in
  20. 45
  21. 770
  22. 24
  23. saving
  24. 354
  25. saving
  26. 6
  27. 280
  28. 780
  29. better paint for cards
  30. 936
  31. 1062
  32. 1160
  33. talk to parents
  34. a new video game
  35. can I pay it back?
  36. sweets for yourself
  37. 125
  38. reinvesting
  39. 1016
  40. 416

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