← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 506 · 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.Ishaan’s stall made a profit of ₹1000. Ishaan saves 20% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  4. 4.Ananya’s stall made a profit of ₹300. Ananya saves 25% of it. How many rupees are saved?
  5. 5.Rohan’s stall made a profit of ₹2000. Rohan saves 50% of it. How many rupees are saved?
  6. 6.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) a new video game (d) profit put in a bank
  8. 8.Kavya’s stall made a profit of ₹500. Kavya saves 50% of it. How many rupees are saved?
  9. 9.Joseph’s stall made a profit of ₹2000. Joseph saves 50% of it. How many rupees are saved?
  10. 10.Ananya’s stall made a profit of ₹400. Ananya saves 20% of it. How many rupees are saved?
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  12. 12.Farhan’s stall made a profit of ₹1700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  15. 15.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  16. 16.Which of these is saving? (a) a new video game (b) a cinema ticket (c) a piggy bank for later (d) buying a second juicer
  17. 17.Dev’s stall made a profit of ₹1300. Dev saves 20% of it. How many rupees are saved?
  18. 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  19. 19.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) an emergency fund (d) profit put in a bank
  20. 20.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.Which of these is spending on yourself? (a) a new video game (b) more seeds for next time (c) profit put in a bank (d) a piggy bank for later
  22. 22.Nisha’s stall made a profit of ₹1900. Nisha saves 50% of it. How many rupees are saved?
  23. 23.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) better paint for cards (d) a new video game
  24. 24.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  26. 26.Rohan’s stall made a profit of ₹200. Rohan saves 10% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) a cinema ticket (d) more seeds for next time
  29. 29.Joseph’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  31. 31.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  33. 33.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  34. 34.🐷 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
  35. 35.Gurpreet’s stall made a profit of ₹200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Saanvi’s stall made a profit of ₹200. Saanvi saves 10% of it. How many rupees are saved?
  37. 37.Dev’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  39. 39.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) a cinema ticket
  40. 40.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 200
  2. 3
  3. putting profit back in
  4. 75
  5. 1000
  6. 15
  7. more seeds for next time
  8. 250
  9. 1000
  10. 80
  11. talk to parents
  12. 765
  13. 260
  14. to keep trust
  15. the cost of borrowing
  16. a piggy bank for later
  17. 260
  18. reinvesting
  19. buying a second juicer
  20. 248
  21. a new video game
  22. 950
  23. an emergency fund
  24. 309
  25. reinvesting
  26. 20
  27. 1090
  28. a cinema ticket
  29. 350
  30. saving
  31. 20
  32. reinvesting
  33. spending
  34. for bad days and goals
  35. 100
  36. 20
  37. 660
  38. spending
  39. profit put in a bank
  40. 104

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