← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 919 · 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 reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) a cinema ticket (d) sweets for yourself
  2. 2.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  3. 3.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.Kabir’s stall made a profit of ₹1700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  6. 6.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  10. 10.Which of these is saving? (a) a piggy bank for later (b) more seeds for next time (c) buying a second juicer (d) a cinema ticket
  11. 11.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.Ananya’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.Zoya’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  18. 18.Dev’s stall made a profit of ₹300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Kavya’s stall made a profit of ₹200. Kavya saves 10% of it. How many rupees are saved?
  20. 20.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) buying a second juicer (d) a new video game
  21. 21.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  22. 22.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) buying a second juicer (d) sweets for yourself
  23. 23.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) saving is a loss (d) no reason
  24. 24.Meera’s stall made a profit of ₹600. Meera saves 50% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Lakshmi’s stall made a profit of ₹1100. Lakshmi saves 25% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  28. 28.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  29. 29.Which of these is spending on yourself? (a) a cinema ticket (b) better paint for cards (c) a piggy bank for later (d) buying a second juicer
  30. 30.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  31. 31.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) more seeds for next time (d) profit put in a bank
  33. 33.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  34. 34.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  37. 37.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. buying a second juicer
  2. putting profit back in
  3. 484
  4. 1020
  5. saving
  6. 104
  7. 189
  8. 80
  9. spending
  10. a piggy bank for later
  11. 354
  12. 80
  13. 108
  14. 120
  15. 700
  16. 550
  17. spending
  18. 120
  19. 20
  20. a new video game
  21. saving
  22. an emergency fund
  23. for bad days and goals
  24. 300
  25. 15
  26. 275
  27. reinvesting
  28. sweets for yourself
  29. a cinema ticket
  30. the cost of borrowing
  31. 100
  32. profit put in a bank
  33. saving
  34. 963
  35. 381
  36. to keep trust
  37. 90
  38. 1270
  39. 106
  40. 80

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