← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 776 · 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.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) profit put in a bank (d) more seeds for next time
  2. 2.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) to lose friends (d) it does not matter
  3. 3.Riya’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  5. 5.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  6. 6.Kavya’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.Arjun’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 reinvested?
  8. 8.Which of these is saving? (a) buying a second juicer (b) a new video game (c) more seeds for next time (d) an emergency fund
  9. 9.Dev’s stall made a profit of ₹800. Dev saves 10% of it. How many rupees are saved?
  10. 10.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  11. 11.Ananya’s stall made a profit of ₹1000. Ananya saves 20% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.Nisha’s stall made a profit of ₹200. Nisha saves 50% of it. How many rupees are saved?
  14. 14.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  15. 15.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) profit put in a bank (d) buying a second juicer
  16. 16.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  17. 17.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  18. 18.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) a cinema ticket (d) an emergency fund
  20. 20.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  21. 21.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.Gurpreet’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.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 ₹)?
  24. 24.Joseph’s stall made a profit of ₹1400. Joseph saves 25% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  26. 26.Aarav’s stall made a profit of ₹1600. Aarav saves 10% of it. How many rupees are saved?
  27. 27.Ananya’s stall made a profit of ₹1300. Ananya saves 20% of it. How many rupees are saved?
  28. 28.Gurpreet’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a piggy bank for later (d) sweets for yourself
  30. 30.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  31. 31.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) more seeds for next time (d) a cinema ticket
  32. 32.Aarav’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  36. 36.Dev’s stall made a profit of ₹1600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  38. 38.Zoya’s stall made a profit of ₹1000. Zoya saves 10% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Nisha’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. more seeds for next time
  2. to keep trust
  3. 840
  4. saving
  5. can I pay it back?
  6. 240
  7. 60
  8. an emergency fund
  9. 80
  10. talk to parents
  11. 200
  12. 36
  13. 100
  14. the cost of borrowing
  15. a new video game
  16. saving
  17. spending
  18. 1050
  19. buying a second juicer
  20. putting profit back in
  21. 106
  22. 300
  23. 104
  24. 350
  25. reinvesting
  26. 160
  27. 260
  28. 175
  29. a piggy bank for later
  30. reinvesting
  31. a cinema ticket
  32. 1190
  33. 10
  34. 28
  35. for bad days and goals
  36. 640
  37. reinvesting
  38. 100
  39. 49
  40. 140

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