← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 818 · 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.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Diya’s stall made a profit of ₹1400. Diya saves 50% of it. How many rupees are saved?
  4. 4.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) a new video game (d) better paint for cards
  5. 5.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.Meera’s stall made a profit of ₹500. Meera saves 20% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  8. 8.Kabir’s stall made a profit of ₹1400. Kabir saves 10% of it. How many rupees are saved?
  9. 9.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  10. 10.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) an emergency fund
  12. 12.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) a new video game (d) a piggy bank for later
  13. 13.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  14. 14.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.Gurpreet’s stall made a profit of ₹1700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Joseph’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Aarav’s stall made a profit of ₹1900. Aarav saves 10% of it. How many rupees are saved?
  19. 19.Ishaan’s stall made a profit of ₹2000. Ishaan saves 50% of it. How many rupees are saved?
  20. 20.Aarav’s stall made a profit of ₹1200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  23. 23.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.Kavya’s stall made a profit of ₹200. Kavya saves 25% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  27. 27.Tara’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 reinvested?
  28. 28.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  29. 29.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  31. 31.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) a piggy bank for later (d) more seeds for next time
  32. 32.Riya’s stall made a profit of ₹900. Riya saves 50% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  34. 34.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Meera’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 spent?
  36. 36.Diya’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Arjun’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Diya’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Zoya’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 15
  2. 28
  3. 700
  4. better paint for cards
  5. 24
  6. 100
  7. spending
  8. 140
  9. reinvesting
  10. 1180
  11. buying a second juicer
  12. a new video game
  13. for bad days and goals
  14. 336
  15. 1080
  16. 680
  17. 60
  18. 190
  19. 1000
  20. 360
  21. 1060
  22. spending
  23. 756
  24. 50
  25. 110
  26. reinvesting
  27. 200
  28. to keep trust
  29. 30
  30. the cost of borrowing
  31. more seeds for next time
  32. 450
  33. saving
  34. 824
  35. 165
  36. 240
  37. 350
  38. 220
  39. 12
  40. 750

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