← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 873 · 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) an emergency fund (b) a cinema ticket (c) better paint for cards (d) a new video game
  2. 2.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  3. 3.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.Joseph’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  7. 7.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) better paint for cards
  9. 9.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) buying a second juicer (d) sweets for yourself
  10. 10.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.Which of these is reinvesting in the business? (a) more seeds for next time (b) an emergency fund (c) a new video game (d) profit put in a bank
  12. 12.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  13. 13.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  16. 16.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  17. 17.Dev’s stall made a profit of ₹1300. Dev saves 25% of it. How many rupees are saved?
  18. 18.Aarav’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) sweets for yourself (d) better paint for cards
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  21. 21.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  22. 22.Kavya’s stall made a profit of ₹1900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Gurpreet’s stall made a profit of ₹1100. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Lakshmi’s stall made a profit of ₹800. Lakshmi saves 25% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.Diya’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) better paint for cards (d) buying a second juicer
  30. 30.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  32. 32.Zoya’s stall made a profit of ₹900. Zoya saves 50% of it. How many rupees are saved?
  33. 33.Zoya’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Kabir’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Diya’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 spent?
  36. 36.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  37. 37.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  40. 40.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. an emergency fund
  2. for bad days and goals
  3. 508
  4. 150
  5. 36
  6. reinvesting
  7. 324
  8. profit put in a bank
  9. buying a second juicer
  10. 420
  11. more seeds for next time
  12. can I pay it back?
  13. 864
  14. 32
  15. the cost of borrowing
  16. talk to parents
  17. 325
  18. 440
  19. sweets for yourself
  20. saving
  21. saving
  22. 1140
  23. 330
  24. 20
  25. 240
  26. 200
  27. 120
  28. 100
  29. a piggy bank for later
  30. 90
  31. putting profit back in
  32. 450
  33. 140
  34. 200
  35. 480
  36. spending
  37. 24
  38. 208
  39. spending
  40. 81

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