← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 696 · 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.Meera’s stall made a profit of ₹600. Meera saves 50% of it. How many rupees are saved?
  2. 2.Gurpreet’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
  4. 4.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.Aarav’s stall made a profit of ₹2000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  8. 8.Ananya’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  10. 10.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  11. 11.Dev’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  13. 13.Diya’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.Zoya’s stall made a profit of ₹1000. Zoya saves 50% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  19. 19.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) better paint for cards (d) a piggy bank for later
  20. 20.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  22. 22.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Meera’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Saanvi’s stall made a profit of ₹300. Saanvi saves 25% of it. How many rupees are saved?
  26. 26.Meera’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  28. 28.Diya’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.Meera’s stall made a profit of ₹1000. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Rohan’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Vihaan’s stall made a profit of ₹1800. Vihaan saves 20% of it. How many rupees are saved?
  33. 33.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) better paint for cards
  34. 34.Aarav’s stall made a profit of ₹1300. Aarav saves 10% of it. How many rupees are saved?
  35. 35.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) an emergency fund (d) more seeds for next time
  36. 36.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) sweets for yourself (d) better paint for cards
  38. 38.Aarav’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.Tara’s stall made a profit of ₹400. Tara saves 50% of it. How many rupees are saved?

Answer key

  1. 300
  2. 660
  3. for bad days and goals
  4. 60
  5. 1000
  6. 440
  7. reinvesting
  8. 100
  9. spending
  10. saving
  11. 280
  12. putting profit back in
  13. 560
  14. 90
  15. 100
  16. 500
  17. 927
  18. can I pay it back?
  19. a new video game
  20. 1180
  21. saving
  22. 8
  23. 18
  24. 160
  25. 75
  26. 360
  27. saving
  28. 250
  29. 545
  30. 250
  31. 840
  32. 360
  33. a piggy bank for later
  34. 130
  35. more seeds for next time
  36. 84
  37. sweets for yourself
  38. 80
  39. 120
  40. 200

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