← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 883 · 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.Ishaan’s stall made a profit of ₹600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.Aarav’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 spent?
  3. 3.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 ₹)?
  4. 4.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  6. 6.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a piggy bank for later (d) a new video game
  7. 7.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  8. 8.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  9. 9.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  10. 10.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  12. 12.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.👪 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
  14. 14.Diya’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  16. 16.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) buying a second juicer (d) a piggy bank for later
  17. 17.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  19. 19.Meera’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.Diya’s stall made a profit of ₹700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Which of these is saving? (a) a new video game (b) profit put in a bank (c) sweets for yourself (d) a cinema ticket
  22. 22.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  24. 24.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) a piggy bank for later (d) buying a second juicer
  25. 25.Gurpreet’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Aarav’s stall made a profit of ₹1800. Aarav saves 20% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  28. 28.Diya’s stall made a profit of ₹1400. Diya saves 20% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  30. 30.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  31. 31.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) a cinema ticket (d) profit put in a bank
  33. 33.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.Ananya’s stall made a profit of ₹1400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Riya’s stall made a profit of ₹900. Riya saves 20% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  40. 40.Zoya’s stall made a profit of ₹1400. Zoya saves 25% of it. How many rupees are saved?

Answer key

  1. 240
  2. 440
  3. 420
  4. 18
  5. putting profit back in
  6. more seeds for next time
  7. to keep trust
  8. the cost of borrowing
  9. spending
  10. 496
  11. spending
  12. 1080
  13. talk to parents
  14. 500
  15. for bad days and goals
  16. buying a second juicer
  17. 54
  18. saving
  19. 70
  20. 210
  21. profit put in a bank
  22. 162
  23. reinvesting
  24. a piggy bank for later
  25. 350
  26. 360
  27. saving
  28. 280
  29. spending
  30. can I pay it back?
  31. 1080
  32. a cinema ticket
  33. 160
  34. 12
  35. 216
  36. 980
  37. 180
  38. 770
  39. reinvesting
  40. 350

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