← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 888 · 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.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  2. 2.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  4. 4.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  5. 5.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  6. 6.Diya’s stall made a profit of ₹600. Diya saves 25% of it. How many rupees are saved?
  7. 7.Which of these is reinvesting in the business? (a) buying a second juicer (b) profit put in a bank (c) a piggy bank for later (d) an emergency fund
  8. 8.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  10. 10.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  12. 12.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) better paint for cards (d) an emergency fund
  13. 13.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.Diya’s stall made a profit of ₹1600. Diya saves 10% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) more seeds for next time (d) better paint for cards
  17. 17.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.💡 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?
  19. 19.Rohan’s stall made a profit of ₹1200. Rohan saves 10% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.Lakshmi’s stall made a profit of ₹600. Lakshmi saves 25% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  23. 23.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) a cinema ticket (d) buying a second juicer
  24. 24.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.Aarav’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Diya’s stall made a profit of ₹200. Diya saves 50% of it. How many rupees are saved?
  27. 27.Arjun’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Which of these is reinvesting in the business? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) a new video game
  29. 29.Arjun’s stall made a profit of ₹500. Arjun saves 10% of it. How many rupees are saved?
  30. 30.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) better paint for cards
  31. 31.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  32. 32.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  33. 33.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) a new video game (d) a piggy bank for later
  34. 34.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  35. 35.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  36. 36.Ishaan’s stall made a profit of ₹1700. Ishaan saves 10% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Riya’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Kavya’s stall made a profit of ₹1800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. reinvesting
  2. 30
  3. to keep trust
  4. the cost of borrowing
  5. talk to parents
  6. 150
  7. buying a second juicer
  8. 515
  9. spending
  10. 1090
  11. for bad days and goals
  12. better paint for cards
  13. 720
  14. 160
  15. 80
  16. a cinema ticket
  17. 590
  18. can I pay it back?
  19. 120
  20. 968
  21. 150
  22. saving
  23. a piggy bank for later
  24. 1200
  25. 300
  26. 100
  27. 1140
  28. more seeds for next time
  29. 50
  30. profit put in a bank
  31. saving
  32. putting profit back in
  33. a new video game
  34. spending
  35. saving
  36. 170
  37. 216
  38. 340
  39. 810
  40. 18

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