← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 656 · 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 teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) ask strangers (d) borrow online alone
  2. 2.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) an emergency fund (d) a cinema ticket
  5. 5.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  6. 6.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  8. 8.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  9. 9.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  10. 10.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.Zoya’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.Which of these is saving? (a) more seeds for next time (b) sweets for yourself (c) an emergency fund (d) a new video game
  14. 14.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) to lose friends (d) it does not matter
  15. 15.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.Gurpreet’s stall made a profit of ₹1800. Gurpreet saves 25% of it. How many rupees are saved?
  19. 19.Ananya’s stall made a profit of ₹700. Ananya saves 50% of it. How many rupees are saved?
  20. 20.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) a new video game (d) buying a second juicer
  21. 21.Aarav’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) profit put in a bank (d) an emergency fund
  24. 24.Nisha’s stall made a profit of ₹1300. Nisha saves 10% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Aarav’s stall made a profit of ₹900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.Riya’s stall made a profit of ₹1300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Gurpreet’s stall made a profit of ₹1800. Gurpreet saves 20% of it. How many rupees are saved?
  30. 30.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) more seeds for next time (d) sweets for yourself
  31. 31.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  32. 32.Joseph’s stall made a profit of ₹2000. Joseph saves 20% of it. How many rupees are saved?
  33. 33.Rohan’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Dev’s stall made a profit of ₹1600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  36. 36.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) an emergency fund (d) a cinema ticket
  39. 39.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. talk to parents
  2. 412
  3. 12
  4. a cinema ticket
  5. saving
  6. spending
  7. saving
  8. spending
  9. reinvesting
  10. 756
  11. 480
  12. 72
  13. an emergency fund
  14. to keep trust
  15. 30
  16. 144
  17. 1060
  18. 450
  19. 350
  20. a piggy bank for later
  21. 180
  22. 424
  23. buying a second juicer
  24. 130
  25. 18
  26. 450
  27. 416
  28. 520
  29. 360
  30. sweets for yourself
  31. putting profit back in
  32. 400
  33. 50
  34. 800
  35. for bad days and goals
  36. 218
  37. 20
  38. better paint for cards
  39. 9
  40. 100

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