← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 729 · 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.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) better paint for cards (d) profit put in a bank
  2. 2.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Riya’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  6. 6.Ishaan’s stall made a profit of ₹1900. Ishaan saves 25% of it. How many rupees are saved?
  7. 7.Which of these is saving? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) a new video game
  8. 8.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  10. 10.Riya’s stall made a profit of ₹1000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  12. 12.Ishaan’s stall made a profit of ₹1400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) a new video game
  14. 14.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.🐷 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
  16. 16.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
  18. 18.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) a piggy bank for later (d) profit put in a bank
  19. 19.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  20. 20.Aarav’s stall made a profit of ₹1900. Aarav saves 50% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  22. 22.Joseph’s stall made a profit of ₹1500. Joseph saves 25% of it. How many rupees are saved?
  23. 23.Ananya’s stall made a profit of ₹1500. Ananya saves 10% of it. How many rupees are saved?
  24. 24.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) an emergency fund (d) a piggy bank for later
  25. 25.Kabir’s stall made a profit of ₹500. Kabir saves 20% of it. How many rupees are saved?
  26. 26.Arjun’s stall made a profit of ₹1000. Arjun saves 10% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
  29. 29.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Diya’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) a new video game (d) better paint for cards
  33. 33.Tara’s stall made a profit of ₹200. Tara saves 20% of it. How many rupees are saved?
  34. 34.Rohan’s stall made a profit of ₹1900. Rohan saves 20% of it. How many rupees are saved?
  35. 35.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  36. 36.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  38. 38.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.Kabir’s stall made a profit of ₹1200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. better paint for cards
  2. 749
  3. 600
  4. saving
  5. saving
  6. 475
  7. a piggy bank for later
  8. putting profit back in
  9. talk to parents
  10. 450
  11. reinvesting
  12. 560
  13. more seeds for next time
  14. 721
  15. for bad days and goals
  16. 228
  17. an emergency fund
  18. buying a second juicer
  19. to keep trust
  20. 950
  21. spending
  22. 375
  23. 150
  24. a cinema ticket
  25. 100
  26. 100
  27. 80
  28. can I pay it back?
  29. 1180
  30. 40
  31. 140
  32. profit put in a bank
  33. 40
  34. 380
  35. spending
  36. 130
  37. reinvesting
  38. 160
  39. 480
  40. 464

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