← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 496 · 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 ₹800 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.Kavya’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) better paint for cards (d) an emergency fund
  4. 4.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
  5. 5.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) nothing (d) can I pay it back?
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  9. 9.Dev’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) buying a second juicer (d) better paint for cards
  12. 12.Nisha’s stall made a profit of ₹800. Nisha saves 20% of it. How many rupees are saved?
  13. 13.Saanvi’s stall made a profit of ₹200. Saanvi saves 20% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.Nisha’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Kabir’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  18. 18.Saanvi’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  20. 20.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  21. 21.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) buying a second juicer (d) better paint for cards
  22. 22.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
  23. 23.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) buying a second juicer (d) a piggy bank for later
  24. 24.Vihaan’s stall made a profit of ₹1100. Vihaan saves 25% of it. How many rupees are saved?
  25. 25.Which of these is reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) a new video game (d) an emergency fund
  26. 26.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 ₹)?
  27. 27.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.Gurpreet’s stall made a profit of ₹700. Gurpreet saves 10% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  30. 30.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Saanvi’s stall made a profit of ₹600. Saanvi saves 25% of it. How many rupees are saved?
  33. 33.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) profit put in a bank (d) buying a second juicer
  34. 34.Zoya’s stall made a profit of ₹1400. Zoya saves 25% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.👪 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
  37. 37.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  38. 38.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.Aarav’s stall made a profit of ₹800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. 48
  2. 480
  3. better paint for cards
  4. putting profit back in
  5. 80
  6. can I pay it back?
  7. spending
  8. saving
  9. 260
  10. 36
  11. sweets for yourself
  12. 160
  13. 40
  14. 45
  15. 260
  16. 150
  17. saving
  18. 240
  19. spending
  20. to keep trust
  21. an emergency fund
  22. for bad days and goals
  23. buying a second juicer
  24. 275
  25. more seeds for next time
  26. 1016
  27. 412
  28. 70
  29. reinvesting
  30. 318
  31. 220
  32. 150
  33. profit put in a bank
  34. 350
  35. 84
  36. talk to parents
  37. the cost of borrowing
  38. 1270
  39. 240
  40. 36

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