← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 645 · 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.Gurpreet’s stall made a profit of ₹400. Gurpreet saves 10% of it. How many rupees are saved?
  2. 2.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  3. 3.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) better paint for cards (d) a new video game
  4. 4.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  5. 5.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  6. 6.Riya’s stall made a profit of ₹1600. Riya saves 50% of it. How many rupees are saved?
  7. 7.Ananya’s stall made a profit of ₹1000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.Meera’s stall made a profit of ₹500. Meera saves 10% of it. How many rupees are saved?
  9. 9.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) a cinema ticket (d) profit put in a bank
  10. 10.Which of these is spending on yourself? (a) sweets for yourself (b) profit put in a bank (c) more seeds for next time (d) a piggy bank for later
  11. 11.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  12. 12.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  13. 13.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  15. 15.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.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 ₹)?
  17. 17.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.Lakshmi’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?
  19. 19.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) sweets for yourself
  20. 20.Kabir’s stall made a profit of ₹1900. Kabir saves 20% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  24. 24.Rohan’s stall made a profit of ₹200. Rohan saves 20% of it. How many rupees are saved?
  25. 25.Saanvi’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Rohan’s stall made a profit of ₹1300. Rohan saves 20% of it. How many rupees are saved?
  27. 27.Farhan’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) more seeds for next time (d) a new video game
  29. 29.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  30. 30.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Joseph’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  34. 34.Zoya’s stall made a profit of ₹200. Zoya saves 10% of it. How many rupees are saved?
  35. 35.Kavya’s stall made a profit of ₹500. Kavya saves 50% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Tara’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Dev’s stall made a profit of ₹300. Dev saves 25% of it. How many rupees are saved?
  39. 39.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
  40. 40.Zoya’s stall made a profit of ₹1200. Zoya saves 20% of it. How many rupees are saved?

Answer key

  1. 40
  2. a cinema ticket
  3. better paint for cards
  4. reinvesting
  5. can I pay it back?
  6. 800
  7. 450
  8. 50
  9. more seeds for next time
  10. sweets for yourself
  11. the cost of borrowing
  12. to keep trust
  13. 18
  14. spending
  15. 762
  16. 336
  17. 1100
  18. 240
  19. buying a second juicer
  20. 380
  21. 920
  22. 10
  23. saving
  24. 40
  25. 80
  26. 260
  27. 750
  28. a new video game
  29. reinvesting
  30. 550
  31. 350
  32. 60
  33. reinvesting
  34. 20
  35. 250
  36. 24
  37. 550
  38. 75
  39. for bad days and goals
  40. 240

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