← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 549 · 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 reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) more seeds for next time (d) sweets for yourself
  2. 2.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) a new video game (d) better paint for cards
  3. 3.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  5. 5.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) a piggy bank for later (d) sweets for yourself
  6. 6.Saanvi’s stall made a profit of ₹800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
  10. 10.Meera’s stall made a profit of ₹300. Meera saves 20% of it. How many rupees are saved?
  11. 11.Riya’s stall made a profit of ₹1500. Riya saves 50% of it. How many rupees are saved?
  12. 12.Dev’s stall made a profit of ₹1500. Dev saves 10% of it. How many rupees are saved?
  13. 13.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) an emergency fund (d) profit put in a bank
  14. 14.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  16. 16.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  17. 17.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  18. 18.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  20. 20.Nisha’s stall made a profit of ₹1100. Nisha saves 25% of it. How many rupees are saved?
  21. 21.Zoya’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.Riya’s stall made a profit of ₹200. Riya saves 50% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Meera’s stall made a profit of ₹300. Meera saves 10% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.Which of these is saving? (a) sweets for yourself (b) a new video game (c) an emergency fund (d) better paint for cards
  28. 28.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.Diya’s stall made a profit of ₹1600. Diya saves 10% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to pay more interest (d) to lose friends
  32. 32.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  33. 33.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Meera’s stall made a profit of ₹1600. Meera saves 10% of it. How many rupees are saved?
  35. 35.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  36. 36.Kavya’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Aarav’s stall made a profit of ₹500. Aarav saves 20% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.Kabir’s stall made a profit of ₹1800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Zoya’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. more seeds for next time
  2. a new video game
  3. 15
  4. putting profit back in
  5. a piggy bank for later
  6. 160
  7. 24
  8. 872
  9. talk to parents
  10. 60
  11. 750
  12. 150
  13. a cinema ticket
  14. 816
  15. spending
  16. saving
  17. saving
  18. 72
  19. the cost of borrowing
  20. 275
  21. 225
  22. 240
  23. 100
  24. 18
  25. 30
  26. 48
  27. an emergency fund
  28. 6
  29. 160
  30. 18
  31. to keep trust
  32. for bad days and goals
  33. 48
  34. 160
  35. spending
  36. 750
  37. 100
  38. 120
  39. 720
  40. 150

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