← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 671 · 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 ₹800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Kabir’s stall made a profit of ₹1700. Kabir saves 20% of it. How many rupees are saved?
  3. 3.Nisha’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  5. 5.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  7. 7.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) an emergency fund (d) a new video game
  8. 8.Zoya’s stall made a profit of ₹1800. Zoya saves 50% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
  11. 11.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  14. 14.Saanvi’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.Vihaan’s stall made a profit of ₹300. Vihaan saves 20% of it. How many rupees are saved?
  16. 16.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  17. 17.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  18. 18.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.Which of these is saving? (a) a new video game (b) a cinema ticket (c) profit put in a bank (d) sweets for yourself
  20. 20.Which of these is spending on yourself? (a) buying a second juicer (b) sweets for yourself (c) profit put in a bank (d) an emergency fund
  21. 21.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  22. 22.Riya’s stall made a profit of ₹900. Riya saves 20% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  25. 25.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.Rohan’s stall made a profit of ₹400. Rohan saves 25% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  28. 28.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  29. 29.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) a piggy bank for later (d) a new video game
  30. 30.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  32. 32.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) an emergency fund (d) sweets for yourself
  33. 33.Kabir’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Ishaan’s stall made a profit of ₹1400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Zoya’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  37. 37.Ishaan’s stall made a profit of ₹1900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.Which of these is saving? (a) a new video game (b) more seeds for next time (c) better paint for cards (d) a piggy bank for later
  40. 40.Ishaan’s stall made a profit of ₹700. Ishaan saves 20% of it. How many rupees are saved?

Answer key

  1. 160
  2. 340
  3. 140
  4. putting profit back in
  5. 24
  6. talk to parents
  7. an emergency fund
  8. 900
  9. 12
  10. can I pay it back?
  11. 960
  12. saving
  13. spending
  14. 60
  15. 60
  16. for bad days and goals
  17. the cost of borrowing
  18. 15
  19. profit put in a bank
  20. sweets for yourself
  21. saving
  22. 180
  23. 872
  24. saving
  25. 321
  26. 100
  27. spending
  28. 84
  29. a new video game
  30. 981
  31. reinvesting
  32. buying a second juicer
  33. 570
  34. 280
  35. 420
  36. reinvesting
  37. 1330
  38. 30
  39. a piggy bank for later
  40. 140

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