← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 915 · 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.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.Which of these is saving? (a) a new video game (b) better paint for cards (c) a cinema ticket (d) profit put in a bank
  3. 3.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  4. 4.Dev’s stall made a profit of ₹400. Dev saves 20% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  7. 7.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  8. 8.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) better paint for cards (d) a piggy bank for later
  9. 9.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  10. 10.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  11. 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  12. 12.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  13. 13.Joseph’s stall made a profit of ₹900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  15. 15.Kabir’s stall made a profit of ₹1000. Kabir saves 20% of it. How many rupees are saved?
  16. 16.Ishaan’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  18. 18.Rohan’s stall made a profit of ₹1400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Joseph’s stall made a profit of ₹1100. Joseph saves 25% of it. How many rupees are saved?
  20. 20.Arjun’s stall made a profit of ₹1400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  22. 22.Arjun’s stall made a profit of ₹1500. Arjun saves 20% of it. How many rupees are saved?
  23. 23.Arjun’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Arjun’s stall made a profit of ₹1200. Arjun saves 50% of it. How many rupees are saved?
  25. 25.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
  26. 26.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.Aarav’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) profit put in a bank (d) sweets for yourself
  29. 29.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.Kavya’s stall made a profit of ₹2000. Kavya saves 10% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  34. 34.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Meera’s stall made a profit of ₹600. Meera saves 10% of it. How many rupees are saved?
  37. 37.Aarav’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Gurpreet’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 144
  2. profit put in a bank
  3. to keep trust
  4. 80
  5. 242
  6. saving
  7. reinvesting
  8. better paint for cards
  9. the cost of borrowing
  10. can I pay it back?
  11. reinvesting
  12. spending
  13. 540
  14. saving
  15. 200
  16. 240
  17. spending
  18. 490
  19. 275
  20. 420
  21. putting profit back in
  22. 300
  23. 360
  24. 600
  25. talk to parents
  26. 944
  27. 400
  28. sweets for yourself
  29. 12
  30. 530
  31. 12
  32. 200
  33. saving
  34. 108
  35. 30
  36. 60
  37. 175
  38. 240
  39. 1030
  40. 8

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