← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 786 · 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 spending on yourself? (a) better paint for cards (b) a new video game (c) an emergency fund (d) a piggy bank for later
  2. 2.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  3. 3.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.Riya’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.Joseph’s stall made a profit of ₹1100. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Rohan’s stall made a profit of ₹1100. Rohan saves 20% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.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 ₹)?
  10. 10.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  11. 11.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) buying a second juicer (d) better paint for cards
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  13. 13.Vihaan’s stall made a profit of ₹1400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Which of these is saving? (a) sweets for yourself (b) a piggy bank for later (c) more seeds for next time (d) a cinema ticket
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  16. 16.Joseph’s stall made a profit of ₹1600. Joseph saves 10% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.Farhan’s stall made a profit of ₹2000. Farhan saves 10% of it. How many rupees are saved?
  19. 19.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  20. 20.Aarav’s stall made a profit of ₹1700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) a new video game (d) better paint for cards
  23. 23.Diya’s stall made a profit of ₹1400. Diya saves 50% of it. How many rupees are saved?
  24. 24.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  25. 25.Nisha’s stall made a profit of ₹500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  27. 27.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  28. 28.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  29. 29.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Kavya’s stall made a profit of ₹1300. Kavya saves 10% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  33. 33.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  34. 34.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  35. 35.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) more seeds for next time (d) a cinema ticket
  36. 36.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) more seeds for next time (d) profit put in a bank
  37. 37.Kabir’s stall made a profit of ₹500. Kabir saves 50% of it. How many rupees are saved?
  38. 38.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  39. 39.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. a new video game
  2. to keep trust
  3. 126
  4. 360
  5. 495
  6. 220
  7. 107
  8. 24
  9. 721
  10. reinvesting
  11. sweets for yourself
  12. saving
  13. 700
  14. a piggy bank for later
  15. talk to parents
  16. 160
  17. 318
  18. 200
  19. can I pay it back?
  20. 680
  21. 648
  22. better paint for cards
  23. 700
  24. putting profit back in
  25. 200
  26. the cost of borrowing
  27. saving
  28. 72
  29. 189
  30. 130
  31. 6
  32. spending
  33. spending
  34. saving
  35. a cinema ticket
  36. more seeds for next time
  37. 250
  38. reinvesting
  39. 309
  40. 81

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