← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 762 · 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.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  2. 2.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  3. 3.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  4. 4.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) more seeds for next time (d) a piggy bank for later
  5. 5.Riya’s stall made a profit of ₹200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  8. 8.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  9. 9.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  10. 10.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.Diya’s stall made a profit of ₹200. Diya saves 20% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  14. 14.Joseph’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 reinvested?
  15. 15.Aarav’s stall made a profit of ₹1900. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Diya’s stall made a profit of ₹1000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Gurpreet’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  19. 19.Ishaan’s stall made a profit of ₹1600. Ishaan saves 20% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Which of these is spending on yourself? (a) a cinema ticket (b) an emergency fund (c) buying a second juicer (d) more seeds for next time
  22. 22.Arjun’s stall made a profit of ₹1900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Rohan’s stall made a profit of ₹400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.Kavya’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 spent?
  25. 25.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  28. 28.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Ananya’s stall made a profit of ₹1600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  31. 31.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  34. 34.Saanvi’s stall made a profit of ₹700. Saanvi saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.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 ₹)?
  37. 37.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Aarav’s stall made a profit of ₹1500. Aarav saves 25% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. putting profit back in
  2. spending
  3. saving
  4. a piggy bank for later
  5. 100
  6. 180
  7. spending
  8. reinvesting
  9. the cost of borrowing
  10. 16
  11. 40
  12. 6
  13. to keep trust
  14. 400
  15. 760
  16. 500
  17. 250
  18. reinvesting
  19. 320
  20. 12
  21. a cinema ticket
  22. 380
  23. 240
  24. 320
  25. 798
  26. 7
  27. can I pay it back?
  28. 920
  29. 640
  30. for bad days and goals
  31. 24
  32. 848
  33. saving
  34. 70
  35. 508
  36. 784
  37. 254
  38. 375
  39. 6
  40. 45

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