Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 633 · 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.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) giving it away (d) spending it on games
2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
3. 3.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
4. 4.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
5. 5.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
7. 7.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
8. 8.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
9. 9.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 ₹)?
10. 10.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
11. 11.👪 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
12. 12.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
13. 13.Which of these is saving? (a) a new video game (b) more seeds for next time (c) profit put in a bank (d) sweets for yourself
14. 14.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
15. 15.Nisha’s stall made a profit of ₹300. Nisha saves 25% of it. How many rupees are saved?
16. 16.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to pay more interest (d) to lose friends
17. 17.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
18. 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
19. 19.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
20. 20.Which of these is spending on yourself? (a) sweets for yourself (b) more seeds for next time (c) a piggy bank for later (d) an emergency fund
21. 21.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
22. 22.💡 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?
23. 23.Rohan’s stall made a profit of ₹400. Rohan saves 25% of it. How many rupees are saved?
24. 24.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) buying a second juicer (d) a piggy bank for later
25. 25.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
26. 26.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
27. 27.Saanvi’s stall made a profit of ₹1800. Saanvi saves 20% of it. How many rupees are saved?
28. 28.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
29. 29.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
30. 30.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
31. 31.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) a cinema ticket (d) better paint for cards
32. 32.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
33. 33.Joseph’s stall made a profit of ₹2000. Joseph saves 50% of it. How many rupees are saved?
34. 34.Farhan’s stall made a profit of ₹700. Farhan saves 25% of it. How many rupees are saved?
35. 35.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) a cinema ticket (d) sweets for yourself
36. 36.Which of these is saving? (a) a piggy bank for later (b) better paint for cards (c) a cinema ticket (d) more seeds for next time
37. 37.Meera’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 spent?
38. 38.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
39. 39.Kabir’s stall made a profit of ₹1700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
40. 40.Riya’s stall made a profit of ₹600. Riya saves 25% of it. How many rupees are saved?

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