← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 833 · 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.Riya’s stall made a profit of ₹1300. Riya saves 25% of it. How many rupees are saved?
  2. 2.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) buying a second juicer (d) more seeds for next time
  3. 3.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  5. 5.Rohan’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Rohan’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.Which of these is saving? (a) a cinema ticket (b) a new video game (c) an emergency fund (d) sweets for yourself
  8. 8.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) an emergency fund (d) more seeds for next time
  10. 10.A small family shop borrows ₹700 from a bank at 2% 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 new video game (c) buying a second juicer (d) sweets for yourself
  12. 12.Dev’s stall made a profit of ₹200. Dev saves 20% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.Vihaan’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Joseph’s stall made a profit of ₹200. Joseph saves 20% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  18. 18.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  19. 19.Tara’s stall made a profit of ₹200. Tara saves 50% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  21. 21.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
  22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  24. 24.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  25. 25.Which of these is spending on yourself? (a) sweets for yourself (b) more seeds for next time (c) buying a second juicer (d) a piggy bank for later
  26. 26.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  29. 29.🐷 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
  30. 30.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) how fast can I spend? (d) nothing
  32. 32.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 new video game
  33. 33.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.Kabir’s stall made a profit of ₹2000. Kabir saves 50% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Meera’s stall made a profit of ₹1800. Meera saves 25% of it. How many rupees are saved?
  37. 37.Joseph’s stall made a profit of ₹1800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Kavya’s stall made a profit of ₹1100. Kavya saves 25% of it. How many rupees are saved?
  39. 39.Arjun’s stall made a profit of ₹2000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Ananya’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?

Answer key

  1. 325
  2. profit put in a bank
  3. 530
  4. to keep trust
  5. 110
  6. 850
  7. an emergency fund
  8. 168
  9. more seeds for next time
  10. 728
  11. buying a second juicer
  12. 40
  13. 105
  14. 25
  15. 220
  16. 40
  17. spending
  18. putting profit back in
  19. 100
  20. reinvesting
  21. talk to parents
  22. spending
  23. saving
  24. saving
  25. sweets for yourself
  26. 127
  27. 20
  28. reinvesting
  29. for bad days and goals
  30. 780
  31. can I pay it back?
  32. a new video game
  33. 868
  34. 1000
  35. 315
  36. 450
  37. 900
  38. 275
  39. 1100
  40. 360

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