← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 860 · 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 ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  4. 4.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) better paint for cards (d) a new video game
  5. 5.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  6. 6.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  7. 7.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  8. 8.Which of these is saving? (a) a piggy bank for later (b) better paint for cards (c) more seeds for next time (d) a cinema ticket
  9. 9.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  10. 10.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  11. 11.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  12. 12.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  13. 13.Nisha’s stall made a profit of ₹300. Nisha saves 25% of it. How many rupees are saved?
  14. 14.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) more seeds for next time (d) sweets for yourself
  15. 15.Zoya’s stall made a profit of ₹1400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  17. 17.Vihaan’s stall made a profit of ₹300. Vihaan saves 25% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.Kabir’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.Saanvi’s stall made a profit of ₹2000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Vihaan’s stall made a profit of ₹1400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.Vihaan’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Kavya’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Vihaan’s stall made a profit of ₹300. Vihaan saves 20% of it. How many rupees are saved?
  27. 27.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  28. 28.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) profit put in a bank (d) buying a second juicer
  29. 29.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) profit put in a bank (d) a new video game
  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.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  32. 32.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  33. 33.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.Farhan’s stall made a profit of ₹2000. Farhan saves 25% of it. How many rupees are saved?
  35. 35.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  36. 36.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Arjun’s stall made a profit of ₹1600. Arjun saves 10% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Which of these is saving? (a) a new video game (b) a cinema ticket (c) an emergency fund (d) better paint for cards

Answer key

  1. 224
  2. 440
  3. reinvesting
  4. better paint for cards
  5. saving
  6. spending
  7. spending
  8. a piggy bank for later
  9. to keep trust
  10. saving
  11. can I pay it back?
  12. reinvesting
  13. 75
  14. sweets for yourself
  15. 630
  16. spending
  17. 75
  18. 880
  19. 1260
  20. 800
  21. 700
  22. 80
  23. 600
  24. 260
  25. 108
  26. 60
  27. talk to parents
  28. buying a second juicer
  29. more seeds for next time
  30. for bad days and goals
  31. the cost of borrowing
  32. saving
  33. 24
  34. 500
  35. putting profit back in
  36. 30
  37. 372
  38. 160
  39. 612
  40. an emergency fund

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