← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 700 · 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.Kabir’s stall made a profit of ₹400. Kabir saves 20% of it. How many rupees are saved?
  2. 2.Nisha’s stall made a profit of ₹2000. Nisha saves 20% of it. How many rupees are saved?
  3. 3.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  4. 4.Joseph’s stall made a profit of ₹600. Joseph saves 25% of it. How many rupees are saved?
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  6. 6.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  7. 7.Meera’s stall made a profit of ₹1900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  9. 9.Which of these is saving? (a) a new video game (b) sweets for yourself (c) a cinema ticket (d) a piggy bank for later
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  11. 11.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  12. 12.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  13. 13.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) a cinema ticket (d) more seeds for next time
  15. 15.Ishaan’s stall made a profit of ₹200. Ishaan saves 20% of it. How many rupees are saved?
  16. 16.Ananya’s stall made a profit of ₹200. Ananya saves 20% of it. How many rupees are saved?
  17. 17.Farhan’s stall made a profit of ₹500. Farhan saves 10% of it. How many rupees are saved?
  18. 18.Kavya’s stall made a profit of ₹1900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Farhan’s stall made a profit of ₹1300. Farhan saves 10% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.Saanvi’s stall made a profit of ₹500. Saanvi saves 25% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  25. 25.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) better paint for cards (d) buying a second juicer
  26. 26.Ananya’s stall made a profit of ₹1700. Ananya saves 20% of it. How many rupees are saved?
  27. 27.Which of these is saving? (a) sweets for yourself (b) a new video game (c) profit put in a bank (d) buying a second juicer
  28. 28.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  30. 30.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  31. 31.Gurpreet’s stall made a profit of ₹1100. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Meera’s stall made a profit of ₹600. Meera saves 50% of it. How many rupees are saved?
  33. 33.Which of these is reinvesting in the business? (a) better paint for cards (b) profit put in a bank (c) a piggy bank for later (d) a cinema ticket
  34. 34.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) more seeds for next time (d) sweets for yourself
  35. 35.Saanvi’s stall made a profit of ₹1900. Saanvi saves 20% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) a piggy bank for later (d) a new video game
  38. 38.Zoya’s stall made a profit of ₹1100. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 80
  2. 400
  3. talk to parents
  4. 150
  5. saving
  6. to keep trust
  7. 950
  8. spending
  9. a piggy bank for later
  10. spending
  11. for bad days and goals
  12. spending
  13. 48
  14. more seeds for next time
  15. 40
  16. 40
  17. 50
  18. 855
  19. 130
  20. 27
  21. 125
  22. 1120
  23. 48
  24. saving
  25. a cinema ticket
  26. 340
  27. profit put in a bank
  28. 840
  29. the cost of borrowing
  30. putting profit back in
  31. 770
  32. 300
  33. better paint for cards
  34. sweets for yourself
  35. 380
  36. 60
  37. a new video game
  38. 440
  39. 208
  40. 648

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