← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 943 · 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: a new video game? (a) reinvesting (b) spending (c) saving
  2. 2.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) more seeds for next time (d) a new video game
  3. 3.Ananya’s stall made a profit of ₹600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  5. 5.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) nothing (d) what is the logo?
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  7. 7.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) an emergency fund (d) a piggy bank for later
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  9. 9.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.Vihaan’s stall made a profit of ₹1800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) a new video game (d) better paint for cards
  12. 12.Farhan’s stall made a profit of ₹1200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Ishaan’s stall made a profit of ₹700. Ishaan saves 20% of it. How many rupees are saved?
  14. 14.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  15. 15.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) an emergency fund (d) better paint for cards
  17. 17.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) more seeds for next time (d) better paint for cards
  18. 18.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.Farhan’s stall made a profit of ₹1400. Farhan saves 20% of it. How many rupees are saved?
  20. 20.Diya’s stall made a profit of ₹700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) sweets for yourself
  22. 22.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  23. 23.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  24. 24.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) better paint for cards (d) a cinema ticket
  25. 25.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) profit put in a bank (d) sweets for yourself
  26. 26.Riya’s stall made a profit of ₹1600. Riya saves 50% of it. How many rupees are saved?
  27. 27.Kavya’s stall made a profit of ₹800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  29. 29.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  30. 30.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  31. 31.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 ₹)?
  32. 32.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 ₹)?
  33. 33.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  35. 35.Ishaan’s stall made a profit of ₹600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Dev’s stall made a profit of ₹800. Dev saves 10% of it. How many rupees are saved?
  37. 37.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  38. 38.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  40. 40.Dev’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?

Answer key

  1. spending
  2. more seeds for next time
  3. 120
  4. saving
  5. can I pay it back?
  6. reinvesting
  7. buying a second juicer
  8. talk to parents
  9. 918
  10. 990
  11. a new video game
  12. 480
  13. 140
  14. for bad days and goals
  15. 36
  16. a cinema ticket
  17. an emergency fund
  18. 216
  19. 280
  20. 280
  21. profit put in a bank
  22. spending
  23. saving
  24. better paint for cards
  25. sweets for yourself
  26. 800
  27. 400
  28. saving
  29. to keep trust
  30. spending
  31. 242
  32. 550
  33. 826
  34. putting profit back in
  35. 360
  36. 80
  37. reinvesting
  38. 327
  39. the cost of borrowing
  40. 240

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