← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 653 · 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.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.Ananya’s stall made a profit of ₹900. Ananya saves 25% of it. How many rupees are saved?
  3. 3.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  4. 4.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  6. 6.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  8. 8.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  10. 10.Meera’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.Tara’s stall made a profit of ₹1000. Tara saves 25% of it. How many rupees are saved?
  14. 14.Rohan’s stall made a profit of ₹1200. Rohan saves 10% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Which of these is reinvesting in the business? (a) more seeds for next time (b) an emergency fund (c) a new video game (d) a piggy bank for later
  17. 17.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  18. 18.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) an emergency fund (d) a new video game
  19. 19.Rohan’s stall made a profit of ₹300. Rohan saves 10% of it. How many rupees are saved?
  20. 20.Ananya’s stall made a profit of ₹1100. Ananya saves 10% of it. How many rupees are saved?
  21. 21.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  22. 22.Nisha’s stall made a profit of ₹1100. Nisha saves 50% of it. How many rupees are saved?
  23. 23.Which of these is saving? (a) more seeds for next time (b) a new video game (c) a piggy bank for later (d) sweets for yourself
  24. 24.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  25. 25.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 ₹)?
  26. 26.Tara’s stall made a profit of ₹1700. Tara saves 25% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  29. 29.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.Dev’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Meera’s stall made a profit of ₹2000. Meera saves 10% of it. How many rupees are saved?
  32. 32.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  33. 33.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Aarav’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Ishaan’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Zoya’s stall made a profit of ₹1600. Zoya saves 50% of it. How many rupees are saved?
  38. 38.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) buying a second juicer (d) an emergency fund
  39. 39.Aarav’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 spent?
  40. 40.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 105
  2. 225
  3. putting profit back in
  4. 150
  5. spending
  6. 70
  7. saving
  8. 210
  9. saving
  10. 715
  11. 100
  12. 220
  13. 250
  14. 120
  15. 60
  16. more seeds for next time
  17. for bad days and goals
  18. a new video game
  19. 30
  20. 110
  21. the cost of borrowing
  22. 550
  23. a piggy bank for later
  24. can I pay it back?
  25. 868
  26. 425
  27. 16
  28. 60
  29. 728
  30. 160
  31. 200
  32. to keep trust
  33. 30
  34. 36
  35. 720
  36. 1050
  37. 800
  38. an emergency fund
  39. 440
  40. 40

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