← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 635 · 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) more seeds for next time (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  2. 2.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  3. 3.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) an emergency fund (d) more seeds for next time
  4. 4.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) a cinema ticket (d) a piggy bank for later
  5. 5.Dev’s stall made a profit of ₹2000. Dev saves 50% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  8. 8.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  9. 9.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  10. 10.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  11. 11.Kavya’s stall made a profit of ₹400. Kavya saves 10% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.Which of these is reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) a piggy bank for later (d) a cinema ticket
  14. 14.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  15. 15.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  16. 16.Kabir’s stall made a profit of ₹1400. Kabir saves 10% of it. How many rupees are saved?
  17. 17.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
  18. 18.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.Ananya’s stall made a profit of ₹300. Ananya saves 50% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  21. 21.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) a new video game (d) more seeds for next time
  22. 22.👪 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
  23. 23.Tara’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?
  24. 24.Kabir’s stall made a profit of ₹1600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Diya’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  30. 30.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  31. 31.Ananya’s stall made a profit of ₹1400. Ananya saves 20% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Which of these is reinvesting in the business? (a) better paint for cards (b) sweets for yourself (c) a cinema ticket (d) a new video game
  34. 34.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Which of these is saving? (a) a new video game (b) an emergency fund (c) more seeds for next time (d) better paint for cards
  37. 37.Dev’s stall made a profit of ₹1200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Arjun’s stall made a profit of ₹300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Ananya’s stall made a profit of ₹500. Ananya saves 50% of it. How many rupees are saved?
  40. 40.Rohan’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 spent?

Answer key

  1. profit put in a bank
  2. spending
  3. a cinema ticket
  4. a piggy bank for later
  5. 1000
  6. reinvesting
  7. reinvesting
  8. spending
  9. spending
  10. to keep trust
  11. 40
  12. 60
  13. more seeds for next time
  14. saving
  15. the cost of borrowing
  16. 140
  17. for bad days and goals
  18. 420
  19. 150
  20. saving
  21. a new video game
  22. talk to parents
  23. 570
  24. 640
  25. 180
  26. 48
  27. 9
  28. 600
  29. saving
  30. putting profit back in
  31. 280
  32. 118
  33. better paint for cards
  34. 545
  35. 140
  36. an emergency fund
  37. 720
  38. 90
  39. 250
  40. 360

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