← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 661 · 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.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  2. 2.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 ₹)?
  3. 3.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  5. 5.Vihaan’s stall made a profit of ₹1600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) better paint for cards (d) a piggy bank for later
  7. 7.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  8. 8.Saanvi’s stall made a profit of ₹1500. Saanvi saves 20% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  11. 11.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.Kavya’s stall made a profit of ₹1400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) better paint for cards (d) an emergency fund
  14. 14.Rohan’s stall made a profit of ₹1100. Rohan saves 20% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) more seeds for next time (d) profit put in a bank
  17. 17.Nisha’s stall made a profit of ₹300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Which of these is saving? (a) buying a second juicer (b) a new video game (c) an emergency fund (d) a cinema ticket
  19. 19.Arjun’s stall made a profit of ₹600. Arjun saves 10% of it. How many rupees are saved?
  20. 20.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) profit put in a bank (d) sweets for yourself
  21. 21.Lakshmi’s stall made a profit of ₹900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  23. 23.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  24. 24.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) sweets for yourself (d) more seeds for next time
  25. 25.Ishaan’s stall made a profit of ₹1000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Tara’s stall made a profit of ₹200. Tara saves 25% of it. How many rupees are saved?
  27. 27.Lakshmi’s stall made a profit of ₹1900. Lakshmi saves 10% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  29. 29.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) buying a second juicer (d) more seeds for next time
  30. 30.Ananya’s stall made a profit of ₹800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.🐷 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
  32. 32.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  34. 34.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Which of these is reinvesting in the business? (a) buying a second juicer (b) an emergency fund (c) profit put in a bank (d) a new video game
  38. 38.Ishaan’s stall made a profit of ₹300. Ishaan saves 10% of it. How many rupees are saved?
  39. 39.Ananya’s stall made a profit of ₹500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Dev’s stall made a profit of ₹500. Dev saves 20% of it. How many rupees are saved?

Answer key

  1. can I pay it back?
  2. 416
  3. 72
  4. reinvesting
  5. 320
  6. a piggy bank for later
  7. the cost of borrowing
  8. 300
  9. 36
  10. to keep trust
  11. 18
  12. 980
  13. better paint for cards
  14. 220
  15. 224
  16. a cinema ticket
  17. 90
  18. an emergency fund
  19. 60
  20. sweets for yourself
  21. 270
  22. saving
  23. spending
  24. more seeds for next time
  25. 350
  26. 50
  27. 190
  28. reinvesting
  29. a new video game
  30. 200
  31. for bad days and goals
  32. 96
  33. saving
  34. 624
  35. 918
  36. 270
  37. buying a second juicer
  38. 30
  39. 200
  40. 100

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