Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 439 · 40 questions

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.

1. 1.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) profit put in a bank (d) a new video game
2. 2.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
3. 3.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) a piggy bank for later (d) a new video game
4. 4.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) an emergency fund (d) more seeds for next time
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.Gurpreet’s stall made a profit of ₹200. Gurpreet saves 20% of it. How many rupees are saved?
7. 7.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
8. 8.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
10. 10.Meera’s stall made a profit of ₹500. Meera saves 20% of it. How many rupees are saved?
11. 11.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) sweets for yourself (d) better paint for cards
12. 12.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
13. 13.Dev’s stall made a profit of ₹2000. Dev saves 10% of it. How many rupees are saved?
14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
15. 15.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
16. 16.Meera’s stall made a profit of ₹1500. Meera saves 10% of it. How many rupees are saved?
17. 17.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
18. 18.Joseph’s stall made a profit of ₹200. Joseph saves 10% of it. How many rupees are saved?
19. 19.Kabir’s stall made a profit of ₹300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
20. 20.Riya’s stall made a profit of ₹1500. Riya saves 10% of it. How many rupees are saved?
21. 21.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
22. 22.Arjun’s stall made a profit of ₹800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
23. 23.Saanvi’s stall made a profit of ₹1300. Saanvi saves 10% of it. How many rupees are saved?
24. 24.Rohan’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
25. 25.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
26. 26.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
27. 27.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) sweets for yourself (d) a new video game
28. 28.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
29. 29.Aarav’s stall made a profit of ₹900. Aarav saves 25% of it. How many rupees are saved?
30. 30.Kavya’s stall made a profit of ₹1900. Kavya saves 50% of it. How many rupees are saved?
31. 31.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
32. 32.Dev’s stall made a profit of ₹1200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
33. 33.Dev’s stall made a profit of ₹1500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
34. 34.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
35. 35.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 ₹)?
36. 36.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
37. 37.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
38. 38.Kabir’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
39. 39.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
40. 40.Lakshmi’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 spent?

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