← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 757 · 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.Farhan’s stall made a profit of ₹900. Farhan saves 50% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  4. 4.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  5. 5.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) how fast can I spend? (d) what is the logo?
  6. 6.Meera’s stall made a profit of ₹600. Meera saves 10% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  8. 8.Vihaan’s stall made a profit of ₹1500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.Meera’s stall made a profit of ₹1400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) an emergency fund (d) a piggy bank for later
  12. 12.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  14. 14.Meera’s stall made a profit of ₹400. Meera saves 10% of it. How many rupees are saved?
  15. 15.Which of these is reinvesting in the business? (a) a new video game (b) sweets for yourself (c) profit put in a bank (d) buying a second juicer
  16. 16.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.Aarav’s stall made a profit of ₹600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  20. 20.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  22. 22.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.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 ₹)?
  24. 24.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) profit put in a bank (d) a new video game
  25. 25.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) a cinema ticket (d) buying a second juicer
  27. 27.Kavya’s stall made a profit of ₹1500. Kavya saves 25% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  29. 29.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.Which of these is saving? (a) a new video game (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  31. 31.Riya’s stall made a profit of ₹400. Riya saves 20% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹100 from a bank at 8% 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) profit put in a bank (b) a new video game (c) a piggy bank for later (d) buying a second juicer
  34. 34.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) sweets for yourself (d) more seeds for next time
  36. 36.Lakshmi’s stall made a profit of ₹200. Lakshmi saves 20% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.Meera’s stall made a profit of ₹1000. Meera saves 25% of it. How many rupees are saved?
  40. 40.Tara’s stall made a profit of ₹1800. Tara saves 10% of it. How many rupees are saved?

Answer key

  1. 450
  2. 2
  3. talk to parents
  4. spending
  5. can I pay it back?
  6. 60
  7. reinvesting
  8. 750
  9. 630
  10. 327
  11. sweets for yourself
  12. the cost of borrowing
  13. spending
  14. 40
  15. buying a second juicer
  16. 104
  17. 105
  18. 180
  19. spending
  20. 206
  21. to keep trust
  22. 80
  23. 721
  24. more seeds for next time
  25. 28
  26. a cinema ticket
  27. 375
  28. saving
  29. 784
  30. a piggy bank for later
  31. 80
  32. 108
  33. a new video game
  34. 24
  35. an emergency fund
  36. 40
  37. 530
  38. 42
  39. 250
  40. 180

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