← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 775 · 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) spending (b) reinvesting (c) saving
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  4. 4.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  7. 7.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) an emergency fund (d) a cinema ticket
  8. 8.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) more seeds for next time (d) an emergency fund
  9. 9.Ishaan’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 spent?
  10. 10.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) sweets for yourself (d) a new video game
  11. 11.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.Ananya’s stall made a profit of ₹300. Ananya saves 20% of it. How many rupees are saved?
  13. 13.Saanvi’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Riya’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?
  15. 15.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  16. 16.Kabir’s stall made a profit of ₹1400. Kabir saves 25% of it. How many rupees are saved?
  17. 17.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  18. 18.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  19. 19.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  20. 20.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  21. 21.Aarav’s stall made a profit of ₹1200. Aarav saves 25% of it. How many rupees are saved?
  22. 22.Meera’s stall made a profit of ₹500. Meera saves 10% of it. How many rupees are saved?
  23. 23.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) a new video game (d) a piggy bank for later
  24. 24.Gurpreet’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  26. 26.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  28. 28.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) better paint for cards (d) buying a second juicer
  30. 30.Gurpreet’s stall made a profit of ₹1700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.A small family shop borrows ₹100 from a bank at 7% 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 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.🐷 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
  34. 34.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.Farhan’s stall made a profit of ₹1100. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) a new video game (d) an emergency fund
  37. 37.Rohan’s stall made a profit of ₹700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Farhan’s stall made a profit of ₹1600. Farhan saves 20% of it. How many rupees are saved?

Answer key

  1. spending
  2. spending
  3. saving
  4. 120
  5. 520
  6. the cost of borrowing
  7. better paint for cards
  8. more seeds for next time
  9. 300
  10. buying a second juicer
  11. 880
  12. 60
  13. 60
  14. 560
  15. putting profit back in
  16. 350
  17. talk to parents
  18. to keep trust
  19. can I pay it back?
  20. reinvesting
  21. 300
  22. 50
  23. a new video game
  24. 250
  25. saving
  26. 109
  27. spending
  28. 8
  29. a piggy bank for later
  30. 340
  31. 14
  32. 80
  33. for bad days and goals
  34. 1200
  35. 330
  36. an emergency fund
  37. 350
  38. 10
  39. 624
  40. 320

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