← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 544 · 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.Ananya’s stall made a profit of ₹800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.Arjun’s stall made a profit of ₹2000. Arjun saves 25% of it. How many rupees are saved?
  3. 3.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) buying a second juicer (d) profit put in a bank
  4. 4.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) more seeds for next time (d) an emergency fund
  6. 6.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 ₹)?
  7. 7.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  10. 10.Kavya’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  12. 12.Which of these is spending on yourself? (a) a new video game (b) buying a second juicer (c) profit put in a bank (d) better paint for cards
  13. 13.Kabir’s stall made a profit of ₹1600. Kabir saves 50% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  15. 15.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  17. 17.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  18. 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  19. 19.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  23. 23.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to keep trust (d) to pay more interest
  24. 24.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.Kavya’s stall made a profit of ₹300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Which of these is saving? (a) a new video game (b) buying a second juicer (c) better paint for cards (d) profit put in a bank
  27. 27.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 ₹)?
  28. 28.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  30. 30.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Joseph’s stall made a profit of ₹1500. Joseph saves 50% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.Meera’s stall made a profit of ₹1100. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Farhan’s stall made a profit of ₹1900. Farhan saves 25% of it. How many rupees are saved?
  35. 35.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  36. 36.Joseph’s stall made a profit of ₹1200. Joseph saves 20% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Ananya’s stall made a profit of ₹1800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.Joseph’s stall made a profit of ₹1400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 320
  2. 500
  3. buying a second juicer
  4. 530
  5. a cinema ticket
  6. 654
  7. 708
  8. spending
  9. saving
  10. 1260
  11. can I pay it back?
  12. a new video game
  13. 800
  14. saving
  15. 1030
  16. for bad days and goals
  17. putting profit back in
  18. reinvesting
  19. 428
  20. 16
  21. 81
  22. spending
  23. to keep trust
  24. 648
  25. 90
  26. profit put in a bank
  27. 981
  28. 4
  29. talk to parents
  30. 784
  31. 750
  32. 868
  33. 330
  34. 475
  35. spending
  36. 240
  37. 24
  38. 1080
  39. 32
  40. 700

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