← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 652 · 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.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  2. 2.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  3. 3.Ishaan’s stall made a profit of ₹1000. Ishaan saves 10% of it. How many rupees are saved?
  4. 4.Which of these is saving? (a) a cinema ticket (b) a new video game (c) better paint for cards (d) profit put in a bank
  5. 5.Lakshmi’s stall made a profit of ₹1400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Nisha’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.Nisha’s stall made a profit of ₹800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  9. 9.Riya’s stall made a profit of ₹1100. Riya saves 25% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) better paint for cards (d) a cinema ticket
  12. 12.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.Tara’s stall made a profit of ₹1000. Tara saves 20% of it. How many rupees are saved?
  14. 14.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later
  15. 15.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  16. 16.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  17. 17.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  18. 18.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  19. 19.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) an emergency fund (d) more seeds for next time
  20. 20.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  21. 21.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) sweets for yourself (d) buying a second juicer
  23. 23.Arjun’s stall made a profit of ₹800. Arjun saves 10% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) a piggy bank for later (d) more seeds for next time
  26. 26.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) sweets for yourself (d) better paint for cards
  27. 27.Kabir’s stall made a profit of ₹300. Kabir saves 10% of it. How many rupees are saved?
  28. 28.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  29. 29.Rohan’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.Aarav’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 reinvested?
  31. 31.Tara’s stall made a profit of ₹1000. Tara saves 25% of it. How many rupees are saved?
  32. 32.Farhan’s stall made a profit of ₹700. Farhan saves 20% of it. How many rupees are saved?
  33. 33.Dev’s stall made a profit of ₹900. Dev saves 50% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  35. 35.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  36. 36.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  38. 38.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) an emergency fund

Answer key

  1. to keep trust
  2. the cost of borrowing
  3. 100
  4. profit put in a bank
  5. 350
  6. 250
  7. 160
  8. spending
  9. 275
  10. 45
  11. a cinema ticket
  12. 103
  13. 200
  14. for bad days and goals
  15. reinvesting
  16. can I pay it back?
  17. saving
  18. reinvesting
  19. an emergency fund
  20. spending
  21. 424
  22. sweets for yourself
  23. 80
  24. 18
  25. more seeds for next time
  26. a piggy bank for later
  27. 30
  28. talk to parents
  29. 120
  30. 640
  31. 250
  32. 140
  33. 450
  34. saving
  35. spending
  36. 109
  37. putting profit back in
  38. 847
  39. 648
  40. buying a second juicer

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