← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 740 · 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.Rohan’s stall made a profit of ₹1100. Rohan saves 10% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.Meera’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) a new video game (d) more seeds for next time
  5. 5.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  6. 6.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.Tara’s stall made a profit of ₹1000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.Nisha’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) a piggy bank for later (d) a cinema ticket
  10. 10.Vihaan’s stall made a profit of ₹700. Vihaan saves 10% of it. How many rupees are saved?
  11. 11.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  12. 12.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  13. 13.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a new video game (d) an emergency fund
  14. 14.Arjun’s stall made a profit of ₹400. Arjun saves 10% of it. How many rupees are saved?
  15. 15.Which of these is reinvesting in the business? (a) better paint for cards (b) an emergency fund (c) sweets for yourself (d) a piggy bank for later
  16. 16.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) more seeds for next time
  17. 17.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  18. 18.Ishaan’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  20. 20.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  21. 21.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  23. 23.Meera’s stall made a profit of ₹2000. Meera saves 50% of it. How many rupees are saved?
  24. 24.Gurpreet’s stall made a profit of ₹200. Gurpreet saves 50% of it. How many rupees are saved?
  25. 25.Diya’s stall made a profit of ₹1200. Diya saves 50% of it. How many rupees are saved?
  26. 26.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  27. 27.Zoya’s stall made a profit of ₹200. Zoya saves 50% of it. How many rupees are saved?
  28. 28.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 ₹)?
  29. 29.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  30. 30.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Which of these is saving? (a) better paint for cards (b) a new video game (c) a cinema ticket (d) a piggy bank for later
  32. 32.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) profit put in a bank
  33. 33.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
  34. 34.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  35. 35.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) an emergency fund (d) more seeds for next time
  36. 36.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Aarav’s stall made a profit of ₹500. 25% is saved, 30% 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 3% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 110
  2. 120
  3. 60
  4. a new video game
  5. spending
  6. 654
  7. 400
  8. 210
  9. buying a second juicer
  10. 70
  11. the cost of borrowing
  12. saving
  13. an emergency fund
  14. 40
  15. better paint for cards
  16. profit put in a bank
  17. spending
  18. 495
  19. talk to parents
  20. to keep trust
  21. 6
  22. saving
  23. 1000
  24. 100
  25. 600
  26. reinvesting
  27. 100
  28. 130
  29. putting profit back in
  30. 102
  31. a piggy bank for later
  32. a cinema ticket
  33. can I pay it back?
  34. for bad days and goals
  35. more seeds for next time
  36. 40
  37. 896
  38. 240
  39. 150
  40. 12

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