← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 834 · 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 ₹1000 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) sweets for yourself (d) more seeds for next time
  4. 4.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  5. 5.Diya’s stall made a profit of ₹600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  8. 8.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) a piggy bank for later (d) an emergency fund
  11. 11.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.Nisha’s stall made a profit of ₹1600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  15. 15.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) a new video game
  16. 16.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) an emergency fund (d) a piggy bank for later
  17. 17.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  20. 20.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) a new video game (d) profit put in a bank
  21. 21.Which of these is spending on yourself? (a) sweets for yourself (b) a piggy bank for later (c) better paint for cards (d) profit put in a bank
  22. 22.Diya’s stall made a profit of ₹2000. Diya saves 25% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  25. 25.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  26. 26.Zoya’s stall made a profit of ₹1300. Zoya saves 20% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.Farhan’s stall made a profit of ₹1400. Farhan saves 20% of it. How many rupees are saved?
  29. 29.Which of these is reinvesting in the business? (a) profit put in a bank (b) better paint for cards (c) sweets for yourself (d) an emergency fund
  30. 30.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later
  31. 31.Vihaan’s stall made a profit of ₹2000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Saanvi’s stall made a profit of ₹700. Saanvi saves 10% of it. How many rupees are saved?
  33. 33.Riya’s stall made a profit of ₹900. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) sweets for yourself (d) profit put in a bank
  35. 35.Nisha’s stall made a profit of ₹2000. Nisha saves 20% of it. How many rupees are saved?
  36. 36.👪 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
  37. 37.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.Zoya’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Arjun’s stall made a profit of ₹1600. Arjun saves 50% of it. How many rupees are saved?

Answer key

  1. 240
  2. 312
  3. a piggy bank for later
  4. the cost of borrowing
  5. 300
  6. putting profit back in
  7. saving
  8. 990
  9. 9
  10. a new video game
  11. 636
  12. 1020
  13. 720
  14. reinvesting
  15. buying a second juicer
  16. a cinema ticket
  17. 18
  18. 128
  19. saving
  20. more seeds for next time
  21. sweets for yourself
  22. 500
  23. 254
  24. saving
  25. spending
  26. 260
  27. 624
  28. 280
  29. better paint for cards
  30. for bad days and goals
  31. 1000
  32. 70
  33. 360
  34. profit put in a bank
  35. 400
  36. talk to parents
  37. 32
  38. 1090
  39. 180
  40. 800

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