← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 408 · 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 saving? (a) buying a second juicer (b) a new video game (c) profit put in a bank (d) more seeds for next time
  2. 2.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
  3. 3.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  4. 4.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) a cinema ticket (d) sweets for yourself
  5. 5.Which of these is spending on yourself? (a) a cinema ticket (b) buying a second juicer (c) more seeds for next time (d) better paint for cards
  6. 6.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.Riya’s stall made a profit of ₹500. Riya saves 20% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.🐷 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
  10. 10.Zoya’s stall made a profit of ₹500. Zoya saves 20% of it. How many rupees are saved?
  11. 11.Meera’s stall made a profit of ₹1500. Meera saves 50% of it. How many rupees are saved?
  12. 12.Ishaan’s stall made a profit of ₹1000. Ishaan saves 20% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) more seeds for next time (d) sweets for yourself
  15. 15.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  16. 16.Nisha’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  18. 18.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  19. 19.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.Joseph’s stall made a profit of ₹200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  22. 22.Ishaan’s stall made a profit of ₹800. Ishaan saves 20% of it. How many rupees are saved?
  23. 23.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) better paint for cards (d) sweets for yourself
  24. 24.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  25. 25.Saanvi’s stall made a profit of ₹1400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Kabir’s stall made a profit of ₹600. Kabir saves 50% of it. How many rupees are saved?
  27. 27.Arjun’s stall made a profit of ₹900. Arjun saves 20% of it. How many rupees are saved?
  28. 28.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) profit put in a bank (d) a piggy bank for later
  29. 29.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) profit put in a bank (d) better paint for cards
  30. 30.Vihaan’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?
  31. 31.Kavya’s stall made a profit of ₹1600. Kavya saves 25% of it. How many rupees are saved?
  32. 32.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) more seeds for next time (d) an emergency fund
  33. 33.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  34. 34.Vihaan’s stall made a profit of ₹1700. Vihaan saves 10% of it. How many rupees are saved?
  35. 35.Kabir’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  37. 37.Nisha’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  39. 39.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.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 ₹)?

Answer key

  1. profit put in a bank
  2. can I pay it back?
  3. spending
  4. more seeds for next time
  5. a cinema ticket
  6. 240
  7. 100
  8. 162
  9. for bad days and goals
  10. 100
  11. 750
  12. 200
  13. 18
  14. a piggy bank for later
  15. reinvesting
  16. 150
  17. putting profit back in
  18. saving
  19. 742
  20. 60
  21. the cost of borrowing
  22. 160
  23. sweets for yourself
  24. saving
  25. 280
  26. 300
  27. 180
  28. buying a second juicer
  29. a new video game
  30. 120
  31. 400
  32. an emergency fund
  33. to keep trust
  34. 170
  35. 200
  36. spending
  37. 80
  38. talk to parents
  39. 60
  40. 228

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