← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 72 · 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.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) better paint for cards (d) sweets for yourself
  3. 3.Arjun’s stall made a profit of ₹200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.Aarav’s stall made a profit of ₹200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) giving it away (d) spending it on games
  7. 7.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  8. 8.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  9. 9.Farhan’s stall made a profit of ₹1700. Farhan saves 10% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  11. 11.Diya’s stall made a profit of ₹1700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  13. 13.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) a cinema ticket (d) better paint for cards
  14. 14.Which of these is saving? (a) an emergency fund (b) more seeds for next time (c) better paint for cards (d) buying a second juicer
  15. 15.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  16. 16.Zoya’s stall made a profit of ₹1500. Zoya saves 25% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  18. 18.Saanvi’s stall made a profit of ₹1800. Saanvi saves 10% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.Ananya’s stall made a profit of ₹700. Ananya saves 10% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  23. 23.Saanvi’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?
  24. 24.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Which of these is saving? (a) profit put in a bank (b) better paint for cards (c) a cinema ticket (d) a new video game
  27. 27.Ananya’s stall made a profit of ₹1500. Ananya saves 10% of it. How many rupees are saved?
  28. 28.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  29. 29.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.🐷 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
  32. 32.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) profit put in a bank (d) more seeds for next time
  33. 33.Farhan’s stall made a profit of ₹700. Farhan saves 20% of it. How many rupees are saved?
  34. 34.Farhan’s stall made a profit of ₹800. Farhan saves 25% of it. How many rupees are saved?
  35. 35.Rohan’s stall made a profit of ₹1000. Rohan saves 20% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  38. 38.Aarav’s stall made a profit of ₹600. Aarav saves 10% of it. How many rupees are saved?
  39. 39.Arjun’s stall made a profit of ₹400. Arjun saves 20% of it. How many rupees are saved?
  40. 40.Gurpreet’s stall made a profit of ₹300. Gurpreet saves 10% of it. How many rupees are saved?

Answer key

  1. 120
  2. a piggy bank for later
  3. 60
  4. 80
  5. 575
  6. putting profit back in
  7. buying a second juicer
  8. saving
  9. 170
  10. reinvesting
  11. 510
  12. saving
  13. a cinema ticket
  14. an emergency fund
  15. reinvesting
  16. 375
  17. spending
  18. 180
  19. 1170
  20. 30
  21. 70
  22. reinvesting
  23. 950
  24. 1120
  25. 254
  26. profit put in a bank
  27. 150
  28. to keep trust
  29. 424
  30. 1026
  31. for bad days and goals
  32. more seeds for next time
  33. 140
  34. 200
  35. 200
  36. 515
  37. can I pay it back?
  38. 60
  39. 80
  40. 30

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