← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 515 · 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 teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
  2. 2.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) a new video game (d) profit put in a bank
  4. 4.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) to pay more interest (d) it does not matter
  6. 6.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  8. 8.Ishaan’s stall made a profit of ₹800. Ishaan saves 10% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.Joseph’s stall made a profit of ₹1900. Joseph saves 20% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.Kabir’s stall made a profit of ₹1900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) more seeds for next time (d) profit put in a bank
  14. 14.Rohan’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  19. 19.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  20. 20.Gurpreet’s stall made a profit of ₹1800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) profit put in a bank (d) a piggy bank for later
  22. 22.Rohan’s stall made a profit of ₹900. Rohan saves 50% of it. How many rupees are saved?
  23. 23.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  24. 24.Riya’s stall made a profit of ₹700. Riya saves 25% of it. How many rupees are saved?
  25. 25.Joseph’s stall made a profit of ₹1400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  27. 27.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) a cinema ticket (d) buying a second juicer
  28. 28.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  31. 31.Which of these is spending on yourself? (a) a new video game (b) more seeds for next time (c) a piggy bank for later (d) better paint for cards
  32. 32.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 ₹)?
  33. 33.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  35. 35.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Diya’s stall made a profit of ₹1500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Meera’s stall made a profit of ₹1000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Riya’s stall made a profit of ₹1400. Riya saves 10% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Joseph’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. talk to parents
  2. 8
  3. profit put in a bank
  4. 728
  5. to keep trust
  6. 424
  7. spending
  8. 80
  9. 21
  10. 380
  11. 25
  12. 1330
  13. more seeds for next time
  14. 210
  15. 112
  16. 42
  17. 120
  18. reinvesting
  19. saving
  20. 900
  21. sweets for yourself
  22. 450
  23. the cost of borrowing
  24. 175
  25. 280
  26. spending
  27. buying a second juicer
  28. 72
  29. 36
  30. putting profit back in
  31. a new video game
  32. 1090
  33. 48
  34. reinvesting
  35. 126
  36. 675
  37. 400
  38. 140
  39. 550
  40. 120

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