← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 863 · 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.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) a new video game (d) buying a second juicer
  2. 2.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) better paint for cards
  4. 4.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
  5. 5.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  6. 6.Gurpreet’s stall made a profit of ₹1700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.Zoya’s stall made a profit of ₹1300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.Which of these is reinvesting in the business? (a) better paint for cards (b) a cinema ticket (c) profit put in a bank (d) a piggy bank for later
  9. 9.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) buying a second juicer (d) profit put in a bank
  10. 10.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  11. 11.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  12. 12.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) a new video game (d) sweets for yourself
  13. 13.Ananya’s stall made a profit of ₹1500. Ananya saves 10% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  16. 16.Arjun’s stall made a profit of ₹400. Arjun saves 25% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  18. 18.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) no reason (d) to waste it later
  20. 20.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.Gurpreet’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  24. 24.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  25. 25.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Diya’s stall made a profit of ₹1700. Diya saves 10% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  31. 31.Farhan’s stall made a profit of ₹1600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  33. 33.Ananya’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?
  34. 34.Rohan’s stall made a profit of ₹800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Meera’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  39. 39.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Lakshmi’s stall made a profit of ₹1100. Lakshmi saves 50% of it. How many rupees are saved?

Answer key

  1. profit put in a bank
  2. 30
  3. a cinema ticket
  4. an emergency fund
  5. the cost of borrowing
  6. 340
  7. 650
  8. better paint for cards
  9. buying a second juicer
  10. to keep trust
  11. saving
  12. more seeds for next time
  13. 150
  14. 36
  15. spending
  16. 100
  17. reinvesting
  18. 54
  19. for bad days and goals
  20. 50
  21. 60
  22. 100
  23. talk to parents
  24. saving
  25. 832
  26. 36
  27. 170
  28. 3
  29. 12
  30. putting profit back in
  31. 400
  32. reinvesting
  33. 450
  34. 240
  35. 1026
  36. 54
  37. 160
  38. saving
  39. 75
  40. 550

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