← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 478 · 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.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  2. 2.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  4. 4.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  6. 6.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  7. 7.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.Which of these is saving? (a) sweets for yourself (b) a new video game (c) more seeds for next time (d) an emergency fund
  9. 9.Riya’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  11. 11.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) buying a second juicer (d) a new video game
  13. 13.Dev’s stall made a profit of ₹1200. Dev saves 25% of it. How many rupees are saved?
  14. 14.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) more seeds for next time (d) profit put in a bank
  15. 15.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  16. 16.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) profit put in a bank (d) an emergency fund
  17. 17.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  18. 18.Farhan’s stall made a profit of ₹1400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Ananya’s stall made a profit of ₹1900. Ananya saves 50% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  22. 22.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) more seeds for next time (d) a cinema ticket
  23. 23.Ishaan’s stall made a profit of ₹2000. Ishaan saves 10% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.Nisha’s stall made a profit of ₹700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  27. 27.Kabir’s stall made a profit of ₹1800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Rohan’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Joseph’s stall made a profit of ₹1500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Aarav’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Diya’s stall made a profit of ₹900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  35. 35.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) sweets for yourself (d) a piggy bank for later
  36. 36.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  37. 37.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  38. 38.Aarav’s stall made a profit of ₹2000. Aarav saves 10% of it. How many rupees are saved?
  39. 39.Arjun’s stall made a profit of ₹1100. Arjun saves 10% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. putting profit back in
  2. 36
  3. talk to parents
  4. 60
  5. can I pay it back?
  6. for bad days and goals
  7. 306
  8. an emergency fund
  9. 600
  10. to keep trust
  11. 8
  12. a new video game
  13. 300
  14. profit put in a bank
  15. saving
  16. better paint for cards
  17. the cost of borrowing
  18. 420
  19. 950
  20. 363
  21. reinvesting
  22. more seeds for next time
  23. 200
  24. 650
  25. 210
  26. saving
  27. 810
  28. 910
  29. 120
  30. 375
  31. 120
  32. 450
  33. 24
  34. spending
  35. a piggy bank for later
  36. reinvesting
  37. spending
  38. 200
  39. 110
  40. 40

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