← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 63 · 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.Ishaan’s stall made a profit of ₹1300. Ishaan saves 50% of it. How many rupees are saved?
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  3. 3.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a cinema ticket (d) more seeds for next time
  4. 4.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  7. 7.Which of these is spending on yourself? (a) a new video game (b) more seeds for next time (c) profit put in a bank (d) buying a second juicer
  8. 8.Which of these is saving? (a) a new video game (b) more seeds for next time (c) sweets for yourself (d) an emergency fund
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  10. 10.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
  11. 11.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) sweets for yourself (d) buying a second juicer
  12. 12.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  14. 14.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.Vihaan’s stall made a profit of ₹1700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Vihaan’s stall made a profit of ₹700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) better paint for cards (d) a piggy bank for later
  18. 18.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) better paint for cards (d) sweets for yourself
  19. 19.Riya’s stall made a profit of ₹1700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.Riya’s stall made a profit of ₹900. Riya saves 10% of it. How many rupees are saved?
  22. 22.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) an emergency fund (d) more seeds for next time
  23. 23.Meera’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.Kavya’s stall made a profit of ₹1800. Kavya saves 10% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  26. 26.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  27. 27.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  28. 28.Lakshmi’s stall made a profit of ₹1800. Lakshmi saves 50% of it. How many rupees are saved?
  29. 29.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  30. 30.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Zoya’s stall made a profit of ₹1600. Zoya saves 25% of it. How many rupees are saved?
  32. 32.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  33. 33.Kavya’s stall made a profit of ₹1400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  35. 35.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  36. 36.Arjun’s stall made a profit of ₹1900. Arjun saves 20% of it. How many rupees are saved?
  37. 37.Ananya’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?
  38. 38.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
  39. 39.Joseph’s stall made a profit of ₹700. Joseph saves 20% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. 650
  2. saving
  3. a cinema ticket
  4. 12
  5. the cost of borrowing
  6. spending
  7. a new video game
  8. an emergency fund
  9. talk to parents
  10. can I pay it back?
  11. sweets for yourself
  12. 104
  13. spending
  14. 212
  15. 680
  16. 140
  17. a piggy bank for later
  18. better paint for cards
  19. 1020
  20. 40
  21. 90
  22. more seeds for next time
  23. 140
  24. 180
  25. reinvesting
  26. saving
  27. for bad days and goals
  28. 900
  29. putting profit back in
  30. 10
  31. 400
  32. spending
  33. 560
  34. saving
  35. reinvesting
  36. 380
  37. 300
  38. profit put in a bank
  39. 140
  40. 32

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