← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 793 · 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.Kabir’s stall made a profit of ₹500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Nisha’s stall made a profit of ₹1100. Nisha saves 20% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  5. 5.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 ₹)?
  6. 6.Kabir’s stall made a profit of ₹1900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.Lakshmi’s stall made a profit of ₹200. Lakshmi saves 50% of it. How many rupees are saved?
  9. 9.Which of these is saving? (a) a new video game (b) buying a second juicer (c) a piggy bank for later (d) a cinema ticket
  10. 10.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) an emergency fund (d) a new video game
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) ask strangers (d) borrow online alone
  12. 12.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  13. 13.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) better paint for cards (d) profit put in a bank
  14. 14.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  15. 15.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
  16. 16.Saanvi’s stall made a profit of ₹1000. Saanvi saves 50% of it. How many rupees are saved?
  17. 17.Zoya’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Arjun’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  21. 21.Diya’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.Lakshmi’s stall made a profit of ₹600. Lakshmi saves 25% of it. How many rupees are saved?
  23. 23.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) sweets for yourself (d) better paint for cards
  24. 24.Aarav’s stall made a profit of ₹400. Aarav saves 10% of it. How many rupees are saved?
  25. 25.Aarav’s stall made a profit of ₹1700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  27. 27.Dev’s stall made a profit of ₹600. Dev saves 25% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Ishaan’s stall made a profit of ₹1600. Ishaan saves 50% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Vihaan’s stall made a profit of ₹600. Vihaan saves 10% of it. How many rupees are saved?
  32. 32.Meera’s stall made a profit of ₹300. Meera saves 25% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.Aarav’s stall made a profit of ₹300. Aarav saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) more seeds for next time
  37. 37.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
  39. 39.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  40. 40.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. 150
  2. 220
  3. 1150
  4. spending
  5. 508
  6. 1045
  7. 428
  8. 100
  9. a piggy bank for later
  10. an emergency fund
  11. talk to parents
  12. putting profit back in
  13. a new video game
  14. the cost of borrowing
  15. for bad days and goals
  16. 500
  17. 260
  18. 250
  19. 36
  20. spending
  21. 50
  22. 150
  23. sweets for yourself
  24. 40
  25. 425
  26. saving
  27. 150
  28. 20
  29. 800
  30. 856
  31. 60
  32. 75
  33. 348
  34. 30
  35. 24
  36. profit put in a bank
  37. 212
  38. can I pay it back?
  39. reinvesting
  40. 763

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