← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 895 · 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.Kavya’s stall made a profit of ₹700. Kavya saves 10% of it. How many rupees are saved?
  2. 2.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  3. 3.Which of these is reinvesting in the business? (a) sweets for yourself (b) buying a second juicer (c) an emergency fund (d) a new video game
  4. 4.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  5. 5.🐷 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
  6. 6.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  8. 8.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 ₹)?
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  10. 10.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  13. 13.Which of these is saving? (a) a new video game (b) better paint for cards (c) a piggy bank for later (d) sweets for yourself
  14. 14.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  18. 18.Tara’s stall made a profit of ₹1400. Tara saves 10% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.Rohan’s stall made a profit of ₹1300. Rohan saves 10% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  22. 22.Nisha’s stall made a profit of ₹1500. Nisha saves 50% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.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 ₹)?
  25. 25.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  26. 26.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.Gurpreet’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  30. 30.Dev’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Dev’s stall made a profit of ₹300. Dev saves 50% of it. How many rupees are saved?
  32. 32.Dev’s stall made a profit of ₹1700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  34. 34.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  35. 35.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Nisha’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Tara’s stall made a profit of ₹600. Tara saves 25% of it. How many rupees are saved?
  40. 40.Zoya’s stall made a profit of ₹1000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 70
  2. spending
  3. buying a second juicer
  4. talk to parents
  5. for bad days and goals
  6. 56
  7. putting profit back in
  8. 880
  9. saving
  10. 714
  11. 920
  12. saving
  13. a piggy bank for later
  14. 48
  15. 927
  16. 24
  17. reinvesting
  18. 140
  19. 35
  20. 130
  21. reinvesting
  22. 750
  23. 42
  24. 1080
  25. reinvesting
  26. 24
  27. 480
  28. 8
  29. spending
  30. 200
  31. 150
  32. 680
  33. the cost of borrowing
  34. to keep trust
  35. 954
  36. 100
  37. 63
  38. 10
  39. 150
  40. 500

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