← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 626 · 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) profit put in a bank (b) a new video game (c) sweets for yourself (d) more seeds for next time
  2. 2.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  3. 3.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  6. 6.Ananya’s stall made a profit of ₹1500. Ananya saves 50% of it. How many rupees are saved?
  7. 7.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  8. 8.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) better paint for cards (d) an emergency fund
  9. 9.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  11. 11.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.Kabir’s stall made a profit of ₹1600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.Dev’s stall made a profit of ₹1900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.Riya’s stall made a profit of ₹800. Riya saves 10% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.Joseph’s stall made a profit of ₹700. Joseph saves 25% of it. How many rupees are saved?
  19. 19.Aarav’s stall made a profit of ₹1000. Aarav saves 10% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  22. 22.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  23. 23.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) profit put in a bank (d) a piggy bank for later
  24. 24.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.Meera’s stall made a profit of ₹1100. Meera saves 20% of it. How many rupees are saved?
  26. 26.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  27. 27.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.Dev’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.Saanvi’s stall made a profit of ₹1500. Saanvi saves 50% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  32. 32.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  33. 33.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.Kabir’s stall made a profit of ₹2000. Kabir saves 10% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) a new video game (d) a piggy bank for later
  39. 39.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Which of these is reinvesting in the business? (a) a cinema ticket (b) more seeds for next time (c) a new video game (d) profit put in a bank

Answer key

  1. profit put in a bank
  2. reinvesting
  3. 624
  4. 27
  5. spending
  6. 750
  7. for bad days and goals
  8. better paint for cards
  9. 28
  10. to keep trust
  11. 27
  12. 320
  13. 240
  14. 475
  15. 1116
  16. 80
  17. 12
  18. 175
  19. 100
  20. 8
  21. saving
  22. the cost of borrowing
  23. sweets for yourself
  24. 309
  25. 220
  26. saving
  27. 216
  28. 8
  29. 275
  30. 750
  31. saving
  32. talk to parents
  33. 24
  34. 106
  35. 200
  36. 312
  37. 8
  38. a piggy bank for later
  39. 36
  40. more seeds for next time

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