← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 712 · 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.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  2. 2.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  3. 3.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) a new video game (d) profit put in a bank
  4. 4.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  5. 5.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) more seeds for next time (d) a new video game
  6. 6.Kabir’s stall made a profit of ₹1600. Kabir saves 50% of it. How many rupees are saved?
  7. 7.Kavya’s stall made a profit of ₹1600. Kavya saves 10% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) better paint for cards (d) buying a second juicer
  10. 10.Diya’s stall made a profit of ₹1500. Diya saves 50% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  13. 13.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 spent?
  14. 14.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  15. 15.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Saanvi’s stall made a profit of ₹1300. Saanvi saves 20% of it. How many rupees are saved?
  17. 17.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  18. 18.Riya’s stall made a profit of ₹200. Riya saves 10% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  21. 21.Diya’s stall made a profit of ₹900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  23. 23.Meera’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) no reason (d) to waste it later
  26. 26.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  27. 27.Vihaan’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Ananya’s stall made a profit of ₹1400. Ananya saves 50% of it. How many rupees are saved?
  29. 29.Arjun’s stall made a profit of ₹2000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.Saanvi’s stall made a profit of ₹1500. Saanvi saves 50% of it. How many rupees are saved?
  31. 31.Lakshmi’s stall made a profit of ₹700. Lakshmi saves 10% of it. How many rupees are saved?
  32. 32.Riya’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?
  33. 33.Vihaan’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Arjun’s stall made a profit of ₹1200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.Arjun’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) a new video game (d) sweets for yourself
  39. 39.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.Meera’s stall made a profit of ₹1800. Meera saves 10% of it. How many rupees are saved?

Answer key

  1. reinvesting
  2. spending
  3. profit put in a bank
  4. reinvesting
  5. an emergency fund
  6. 800
  7. 160
  8. 108
  9. a new video game
  10. 750
  11. 45
  12. spending
  13. 280
  14. reinvesting
  15. 135
  16. 260
  17. a cinema ticket
  18. 20
  19. 21
  20. can I pay it back?
  21. 405
  22. saving
  23. 200
  24. 520
  25. for bad days and goals
  26. putting profit back in
  27. 180
  28. 700
  29. 800
  30. 750
  31. 70
  32. 660
  33. 360
  34. 720
  35. 570
  36. 720
  37. 64
  38. buying a second juicer
  39. 1210
  40. 180

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