← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 541 · 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.Which of these is saving? (a) a new video game (b) more seeds for next time (c) an emergency fund (d) a cinema ticket
  2. 2.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.Which of these is reinvesting in the business? (a) an emergency fund (b) more seeds for next time (c) a new video game (d) profit put in a bank
  4. 4.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a piggy bank for later (d) a new video game
  6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  7. 7.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.Farhan’s stall made a profit of ₹1800. Farhan saves 10% of it. How many rupees are saved?
  9. 9.Ananya’s stall made a profit of ₹700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) a new video game (d) more seeds for next time
  11. 11.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  12. 12.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) profit put in a bank (d) a cinema ticket
  14. 14.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Ishaan’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Nisha’s stall made a profit of ₹1000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Kavya’s stall made a profit of ₹1500. Kavya saves 25% of it. How many rupees are saved?
  19. 19.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  20. 20.Zoya’s stall made a profit of ₹700. Zoya saves 25% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.Riya’s stall made a profit of ₹300. Riya saves 10% of it. How many rupees are saved?
  23. 23.Which of these is reinvesting in the business? (a) a cinema ticket (b) better paint for cards (c) a piggy bank for later (d) an emergency fund
  24. 24.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  25. 25.Joseph’s stall made a profit of ₹1700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  28. 28.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.Kavya’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  32. 32.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  33. 33.A small family shop borrows ₹800 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) reinvesting (b) spending (c) saving
  35. 35.Tara’s stall made a profit of ₹1500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  38. 38.Ishaan’s stall made a profit of ₹500. Ishaan saves 50% of it. How many rupees are saved?
  39. 39.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  40. 40.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. an emergency fund
  2. 72
  3. more seeds for next time
  4. 63
  5. a piggy bank for later
  6. reinvesting
  7. 4
  8. 180
  9. 385
  10. a new video game
  11. reinvesting
  12. 212
  13. profit put in a bank
  14. 27
  15. 60
  16. 240
  17. 350
  18. 375
  19. for bad days and goals
  20. 175
  21. 654
  22. 30
  23. better paint for cards
  24. spending
  25. 510
  26. 545
  27. saving
  28. 36
  29. 80
  30. 420
  31. spending
  32. saving
  33. 128
  34. reinvesting
  35. 750
  36. 660
  37. saving
  38. 250
  39. putting profit back in
  40. 108

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