← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 619 · 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 piggy bank for later (b) a new video game (c) buying a second juicer (d) more seeds for next time
  2. 2.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) an emergency fund (d) a piggy bank for later
  3. 3.Riya’s stall made a profit of ₹600. Riya saves 25% of it. How many rupees are saved?
  4. 4.Lakshmi’s stall made a profit of ₹900. Lakshmi saves 20% of it. How many rupees are saved?
  5. 5.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) a piggy bank for later (d) buying a second juicer
  6. 6.Vihaan’s stall made a profit of ₹800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  8. 8.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.Dev’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) buying a second juicer (d) more seeds for next time
  11. 11.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) better paint for cards (d) sweets for yourself
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  14. 14.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  16. 16.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Farhan’s stall made a profit of ₹500. Farhan saves 50% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) better paint for cards (d) profit put in a bank
  20. 20.Tara’s stall made a profit of ₹1700. Tara saves 50% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  25. 25.Tara’s stall made a profit of ₹1100. Tara saves 10% of it. How many rupees are saved?
  26. 26.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) better paint for cards
  27. 27.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  28. 28.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  29. 29.Farhan’s stall made a profit of ₹2000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.Vihaan’s stall made a profit of ₹600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  33. 33.Kavya’s stall made a profit of ₹1500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Zoya’s stall made a profit of ₹1300. Zoya saves 20% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  37. 37.Kabir’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  39. 39.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) a piggy bank for later
  40. 40.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting

Answer key

  1. a piggy bank for later
  2. buying a second juicer
  3. 150
  4. 180
  5. sweets for yourself
  6. 240
  7. reinvesting
  8. 1170
  9. 300
  10. a cinema ticket
  11. 109
  12. an emergency fund
  13. spending
  14. 27
  15. for bad days and goals
  16. 1016
  17. 250
  18. 112
  19. better paint for cards
  20. 850
  21. 726
  22. 24
  23. 40
  24. talk to parents
  25. 110
  26. profit put in a bank
  27. saving
  28. can I pay it back?
  29. 800
  30. 36
  31. 120
  32. saving
  33. 300
  34. 260
  35. 742
  36. putting profit back in
  37. 850
  38. the cost of borrowing
  39. more seeds for next time
  40. reinvesting

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