Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 556 · 40 questions

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.

1. 1.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
2. 2.Ishaan’s stall made a profit of ₹300. Ishaan saves 20% of it. How many rupees are saved?
3. 3.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
4. 4.Joseph’s stall made a profit of ₹1200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
5. 5.Joseph’s stall made a profit of ₹1500. Joseph saves 50% of it. How many rupees are saved?
6. 6.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) a piggy bank for later (d) an emergency fund
7. 7.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
8. 8.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
9. 9.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
10. 10.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
11. 11.Which of these is saving? (a) an emergency fund (b) a new video game (c) sweets for yourself (d) a cinema ticket
12. 12.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
13. 13.Saanvi’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
14. 14.Zoya’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
15. 15.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
16. 16.Ananya’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
17. 17.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) more seeds for next time (d) better paint for cards
18. 18.Kabir’s stall made a profit of ₹1900. Kabir saves 25% of it. How many rupees are saved?
19. 19.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
20. 20.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) profit put in a bank (d) better paint for cards
21. 21.Riya’s stall made a profit of ₹1700. Riya saves 10% of it. How many rupees are saved?
22. 22.Gurpreet’s stall made a profit of ₹1900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
23. 23.Joseph’s stall made a profit of ₹1500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
24. 24.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
25. 25.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
26. 26.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
27. 27.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) a piggy bank for later (d) profit put in a bank
28. 28.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
29. 29.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
30. 30.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
31. 31.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
32. 32.Riya’s stall made a profit of ₹900. Riya saves 25% of it. How many rupees are saved?
33. 33.Meera’s stall made a profit of ₹1600. Meera saves 50% of it. How many rupees are saved?
34. 34.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
35. 35.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
36. 36.Kavya’s stall made a profit of ₹1500. Kavya saves 10% of it. How many rupees are saved?
37. 37.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) profit put in a bank (d) a new video game
38. 38.Dev’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
39. 39.Kavya’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?
40. 40.Ananya’s stall made a profit of ₹900. Ananya saves 50% of it. How many rupees are saved?

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