Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 825 · 40 questions

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.

1. 1.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
2. 2.Meera’s stall made a profit of ₹1000. Meera saves 50% of it. How many rupees are saved?
3. 3.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
4. 4.Rohan’s stall made a profit of ₹1700. Rohan saves 10% of it. How many rupees are saved?
5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
6. 6.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) a new video game (d) buying a second juicer
7. 7.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) sweets for yourself (d) buying a second juicer
8. 8.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
9. 9.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) an emergency fund (d) a piggy bank for later
10. 10.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a piggy bank for later (d) a new video game
11. 11.Nisha’s stall made a profit of ₹1100. Nisha saves 50% of it. How many rupees are saved?
12. 12.Which of these is saving? (a) profit put in a bank (b) sweets for yourself (c) more seeds for next time (d) a new video game
13. 13.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
14. 14.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) buying a second juicer (d) an emergency fund
15. 15.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
16. 16.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
17. 17.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
18. 18.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
19. 19.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
20. 20.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
21. 21.Zoya’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
22. 22.Tara’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
23. 23.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
24. 24.Rohan’s stall made a profit of ₹1700. Rohan saves 25% of it. How many rupees are saved?
25. 25.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
26. 26.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
27. 27.Riya’s stall made a profit of ₹1600. Riya saves 50% of it. How many rupees are saved?
28. 28.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
29. 29.Meera’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
30. 30.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) a piggy bank for later (d) buying a second juicer
31. 31.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
32. 32.Diya’s stall made a profit of ₹500. Diya saves 50% of it. How many rupees are saved?
33. 33.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
34. 34.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
35. 35.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
36. 36.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
37. 37.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
38. 38.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
39. 39.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
40. 40.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) sweets for yourself (d) profit put in a bank

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