← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 949 · 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 spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) an emergency fund (d) sweets for yourself
  2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  3. 3.Farhan’s stall made a profit of ₹1100. Farhan saves 50% of it. How many rupees are saved?
  4. 4.Kavya’s stall made a profit of ₹1500. Kavya saves 10% of it. How many rupees are saved?
  5. 5.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  6. 6.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  7. 7.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  9. 9.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.Kabir’s stall made a profit of ₹1300. Kabir saves 25% of it. How many rupees are saved?
  11. 11.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) an emergency fund (d) a new video game
  12. 12.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) profit put in a bank (d) a cinema ticket
  13. 13.Aarav’s stall made a profit of ₹400. Aarav saves 50% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  15. 15.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  16. 16.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  17. 17.Tara’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?
  18. 18.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
  20. 20.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  21. 21.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  22. 22.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.Arjun’s stall made a profit of ₹1900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.Kavya’s stall made a profit of ₹800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Aarav’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) more seeds for next time (d) sweets for yourself
  27. 27.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) a new video game (d) a piggy bank for later
  30. 30.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.Ananya’s stall made a profit of ₹1500. Ananya saves 50% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) better paint for cards (d) buying a second juicer
  38. 38.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) more seeds for next time (d) a new video game
  39. 39.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) sweets for yourself (d) buying a second juicer
  40. 40.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 ₹)?

Answer key

  1. sweets for yourself
  2. saving
  3. 550
  4. 150
  5. can I pay it back?
  6. saving
  7. 636
  8. talk to parents
  9. 12
  10. 325
  11. an emergency fund
  12. a cinema ticket
  13. 200
  14. spending
  15. saving
  16. to keep trust
  17. 1140
  18. 210
  19. for bad days and goals
  20. reinvesting
  21. putting profit back in
  22. 80
  23. 1140
  24. 320
  25. 350
  26. profit put in a bank
  27. 15
  28. 105
  29. a new video game
  30. 27
  31. 750
  32. 600
  33. 64
  34. 30
  35. 832
  36. 540
  37. a piggy bank for later
  38. more seeds for next time
  39. buying a second juicer
  40. 550

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