← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 521 · 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.Diya’s stall made a profit of ₹1900. Diya saves 10% of it. How many rupees are saved?
  2. 2.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) sweets for yourself (d) buying a second juicer
  3. 3.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) better paint for cards (d) buying a second juicer
  4. 4.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) a new video game (d) a cinema ticket
  6. 6.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  7. 7.Tara’s stall made a profit of ₹500. Tara saves 20% of it. How many rupees are saved?
  8. 8.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) a piggy bank for later (d) a cinema ticket
  9. 9.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  10. 10.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  11. 11.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  12. 12.Gurpreet’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  15. 15.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) a cinema ticket (d) better paint for cards
  17. 17.Diya’s stall made a profit of ₹600. Diya saves 10% of it. How many rupees are saved?
  18. 18.Kabir’s stall made a profit of ₹1700. Kabir saves 50% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  21. 21.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  22. 22.💡 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?
  23. 23.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Which of these is spending on yourself? (a) buying a second juicer (b) sweets for yourself (c) better paint for cards (d) more seeds for next time
  27. 27.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  28. 28.Dev’s stall made a profit of ₹200. Dev saves 10% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  31. 31.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  32. 32.Farhan’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  37. 37.Tara’s stall made a profit of ₹1200. Tara saves 10% of it. How many rupees are saved?
  38. 38.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  39. 39.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  40. 40.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 190
  2. buying a second juicer
  3. a new video game
  4. 696
  5. an emergency fund
  6. reinvesting
  7. 100
  8. a cinema ticket
  9. reinvesting
  10. to keep trust
  11. putting profit back in
  12. 1080
  13. 64
  14. saving
  15. 45
  16. better paint for cards
  17. 60
  18. 850
  19. 64
  20. profit put in a bank
  21. spending
  22. can I pay it back?
  23. 12
  24. 16
  25. 36
  26. sweets for yourself
  27. spending
  28. 20
  29. 624
  30. spending
  31. reinvesting
  32. 120
  33. 54
  34. 80
  35. 981
  36. talk to parents
  37. 120
  38. saving
  39. for bad days and goals
  40. 116

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