← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 756 · 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: a new video game? (a) saving (b) spending (c) reinvesting
  2. 2.Ananya’s stall made a profit of ₹800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) buying a second juicer (d) a cinema ticket
  4. 4.Saanvi’s stall made a profit of ₹1800. Saanvi saves 20% of it. How many rupees are saved?
  5. 5.Which of these is reinvesting in the business? (a) better paint for cards (b) a piggy bank for later (c) profit put in a bank (d) sweets for yourself
  6. 6.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  8. 8.Meera’s stall made a profit of ₹1000. Meera saves 50% of it. How many rupees are saved?
  9. 9.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 ₹)?
  10. 10.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  11. 11.Dev’s stall made a profit of ₹2000. Dev saves 50% of it. How many rupees are saved?
  12. 12.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  13. 13.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  14. 14.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) a new video game (d) more seeds for next time
  15. 15.Riya’s stall made a profit of ₹1000. Riya saves 10% of it. How many rupees are saved?
  16. 16.Meera’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.Farhan’s stall made a profit of ₹200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) sweets for yourself (d) more seeds for next time
  22. 22.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  23. 23.Aarav’s stall made a profit of ₹1400. Aarav saves 50% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.Saanvi’s stall made a profit of ₹500. Saanvi saves 50% of it. How many rupees are saved?
  26. 26.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  27. 27.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  29. 29.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  30. 30.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  31. 31.Which of these is saving? (a) a new video game (b) buying a second juicer (c) a piggy bank for later (d) more seeds for next time
  32. 32.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) profit put in a bank (d) more seeds for next time
  34. 34.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 ₹)?
  35. 35.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Kavya’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Rohan’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Joseph’s stall made a profit of ₹1700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.👪 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
  40. 40.Arjun’s stall made a profit of ₹1800. Arjun saves 10% of it. How many rupees are saved?

Answer key

  1. spending
  2. 400
  3. a cinema ticket
  4. 360
  5. better paint for cards
  6. reinvesting
  7. saving
  8. 500
  9. 515
  10. to keep trust
  11. 1000
  12. reinvesting
  13. for bad days and goals
  14. profit put in a bank
  15. 100
  16. 550
  17. 36
  18. 90
  19. 432
  20. 36
  21. an emergency fund
  22. can I pay it back?
  23. 700
  24. 990
  25. 250
  26. reinvesting
  27. 12
  28. putting profit back in
  29. spending
  30. saving
  31. a piggy bank for later
  32. 856
  33. a new video game
  34. 896
  35. 18
  36. 240
  37. 400
  38. 425
  39. talk to parents
  40. 180

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