← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 62 · 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.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
  2. 2.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  3. 3.🐷 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
  4. 4.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.Which of these is saving? (a) sweets for yourself (b) a new video game (c) a cinema ticket (d) a piggy bank for later
  7. 7.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  10. 10.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  11. 11.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.Tara’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 spent?
  13. 13.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  14. 14.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) better paint for cards (d) an emergency fund
  15. 15.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  16. 16.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.Gurpreet’s stall made a profit of ₹1300. Gurpreet saves 10% of it. How many rupees are saved?
  18. 18.Dev’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
  20. 20.Rohan’s stall made a profit of ₹1100. Rohan saves 10% of it. How many rupees are saved?
  21. 21.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) spending it on games (d) hiding it
  22. 22.Dev’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  24. 24.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) buying a second juicer (d) a new video game
  25. 25.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  26. 26.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Ishaan’s stall made a profit of ₹1300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  30. 30.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Ishaan’s stall made a profit of ₹900. Ishaan saves 20% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Dev’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?
  34. 34.Arjun’s stall made a profit of ₹500. Arjun saves 50% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) more seeds for next time (d) profit put in a bank
  37. 37.Aarav’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Saanvi’s stall made a profit of ₹1900. Saanvi saves 25% of it. How many rupees are saved?
  39. 39.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  40. 40.Tara’s stall made a profit of ₹400. Tara saves 50% of it. How many rupees are saved?

Answer key

  1. to keep trust
  2. reinvesting
  3. for bad days and goals
  4. 126
  5. 336
  6. a piggy bank for later
  7. saving
  8. saving
  9. spending
  10. the cost of borrowing
  11. 812
  12. 570
  13. reinvesting
  14. better paint for cards
  15. spending
  16. 90
  17. 130
  18. 1120
  19. a cinema ticket
  20. 110
  21. putting profit back in
  22. 570
  23. spending
  24. a new video game
  25. saving
  26. 60
  27. 390
  28. 990
  29. talk to parents
  30. 324
  31. 180
  32. 114
  33. 750
  34. 250
  35. 763
  36. more seeds for next time
  37. 240
  38. 475
  39. can I pay it back?
  40. 200

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