← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 840 · 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.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  2. 2.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  3. 3.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  6. 6.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  7. 7.Joseph’s stall made a profit of ₹800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.Kavya’s stall made a profit of ₹700. Kavya saves 50% of it. How many rupees are saved?
  9. 9.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  10. 10.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  11. 11.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  13. 13.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  14. 14.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  15. 15.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) sweets for yourself (d) buying a second juicer
  16. 16.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) a piggy bank for later (d) more seeds for next time
  17. 17.Vihaan’s stall made a profit of ₹1800. Vihaan saves 20% of it. How many rupees are saved?
  18. 18.Arjun’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) buying a second juicer (d) a new video game
  20. 20.Meera’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.Arjun’s stall made a profit of ₹1000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Rohan’s stall made a profit of ₹1300. Rohan saves 20% of it. How many rupees are saved?
  24. 24.Saanvi’s stall made a profit of ₹800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  26. 26.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  28. 28.Nisha’s stall made a profit of ₹200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  30. 30.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  31. 31.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) profit put in a bank (d) more seeds for next time
  32. 32.Aarav’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Meera’s stall made a profit of ₹1200. Meera saves 10% of it. How many rupees are saved?
  34. 34.Gurpreet’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) sweets for yourself (d) profit put in a bank
  36. 36.Diya’s stall made a profit of ₹1700. Diya saves 10% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  40. 40.Aarav’s stall made a profit of ₹1300. Aarav saves 50% of it. How many rupees are saved?

Answer key

  1. can I pay it back?
  2. spending
  3. 872
  4. putting profit back in
  5. saving
  6. the cost of borrowing
  7. 160
  8. 350
  9. saving
  10. 345
  11. 120
  12. reinvesting
  13. for bad days and goals
  14. sweets for yourself
  15. buying a second juicer
  16. a new video game
  17. 360
  18. 450
  19. an emergency fund
  20. 550
  21. 214
  22. 400
  23. 260
  24. 200
  25. spending
  26. 189
  27. saving
  28. 100
  29. reinvesting
  30. reinvesting
  31. a cinema ticket
  32. 840
  33. 120
  34. 160
  35. profit put in a bank
  36. 170
  37. 424
  38. 72
  39. to keep trust
  40. 650

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