← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 81 · 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.Meera’s stall made a profit of ₹1200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.Lakshmi’s stall made a profit of ₹1800. Lakshmi saves 25% of it. How many rupees are saved?
  3. 3.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) buying a second juicer (d) a cinema ticket
  4. 4.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  5. 5.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) more seeds for next time (d) a new video game
  7. 7.💡 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?
  8. 8.Kabir’s stall made a profit of ₹300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Meera’s stall made a profit of ₹1900. Meera saves 25% of it. How many rupees are saved?
  10. 10.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 ₹)?
  11. 11.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) a piggy bank for later (d) a new video game
  12. 12.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  13. 13.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  16. 16.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  17. 17.Tara’s stall made a profit of ₹1600. Tara saves 20% of it. How many rupees are saved?
  18. 18.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  19. 19.Nisha’s stall made a profit of ₹1500. Nisha saves 20% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  22. 22.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  24. 24.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Tara’s stall made a profit of ₹1200. Tara saves 50% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  28. 28.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  29. 29.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) more seeds for next time (d) a cinema ticket
  31. 31.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Farhan’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 reinvested?
  33. 33.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  35. 35.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) giving it away (d) spending it on games
  37. 37.Rohan’s stall made a profit of ₹200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Zoya’s stall made a profit of ₹1700. Zoya saves 10% of it. How many rupees are saved?
  39. 39.Dev’s stall made a profit of ₹700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 720
  2. 450
  3. an emergency fund
  4. reinvesting
  5. 135
  6. more seeds for next time
  7. can I pay it back?
  8. 180
  9. 475
  10. 1150
  11. buying a second juicer
  12. reinvesting
  13. 436
  14. for bad days and goals
  15. spending
  16. saving
  17. 320
  18. the cost of borrowing
  19. 300
  20. 28
  21. to keep trust
  22. 560
  23. saving
  24. 330
  25. 9
  26. 600
  27. saving
  28. reinvesting
  29. 1026
  30. a cinema ticket
  31. 120
  32. 800
  33. 232
  34. sweets for yourself
  35. 212
  36. putting profit back in
  37. 80
  38. 170
  39. 350
  40. 4

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