← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 722 · 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.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  2. 2.Tara’s stall made a profit of ₹500. Tara saves 10% of it. How many rupees are saved?
  3. 3.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) giving it away (d) spending it on games
  4. 4.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.Aarav’s stall made a profit of ₹2000. Aarav saves 10% of it. How many rupees are saved?
  6. 6.Saanvi’s stall made a profit of ₹1500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  8. 8.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.Which of these is reinvesting in the business? (a) a new video game (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  11. 11.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  13. 13.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.Rohan’s stall made a profit of ₹1300. Rohan saves 25% of it. How many rupees are saved?
  15. 15.Vihaan’s stall made a profit of ₹1900. Vihaan saves 50% of it. How many rupees are saved?
  16. 16.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) an emergency fund (d) a new video game
  17. 17.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) more seeds for next time (d) sweets for yourself
  18. 18.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) profit put in a bank (d) a cinema ticket
  19. 19.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  20. 20.Kabir’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Diya’s stall made a profit of ₹1300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.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 ₹)?
  24. 24.Kavya’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) sweets for yourself (d) profit put in a bank
  26. 26.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  27. 27.Arjun’s stall made a profit of ₹500. Arjun saves 10% of it. How many rupees are saved?
  28. 28.Saanvi’s stall made a profit of ₹800. Saanvi saves 50% of it. How many rupees are saved?
  29. 29.Joseph’s stall made a profit of ₹900. Joseph saves 10% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) a piggy bank for later (d) better paint for cards
  32. 32.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  34. 34.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Which of these is saving? (a) a new video game (b) a cinema ticket (c) buying a second juicer (d) an emergency fund
  36. 36.Saanvi’s stall made a profit of ₹900. Saanvi saves 20% of it. How many rupees are saved?
  37. 37.Diya’s stall made a profit of ₹1100. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  39. 39.Farhan’s stall made a profit of ₹1500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. for bad days and goals
  2. 50
  3. putting profit back in
  4. 436
  5. 200
  6. 450
  7. reinvesting
  8. 216
  9. better paint for cards
  10. spending
  11. 963
  12. spending
  13. 910
  14. 325
  15. 950
  16. a new video game
  17. more seeds for next time
  18. a cinema ticket
  19. to keep trust
  20. 40
  21. 260
  22. 20
  23. 1180
  24. 760
  25. sweets for yourself
  26. can I pay it back?
  27. 50
  28. 400
  29. 90
  30. 64
  31. a piggy bank for later
  32. 420
  33. saving
  34. 9
  35. an emergency fund
  36. 180
  37. 330
  38. the cost of borrowing
  39. 750
  40. 40

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