← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 950 · 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.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  2. 2.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  3. 3.Meera’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  5. 5.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  6. 6.Ananya’s stall made a profit of ₹1400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.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 ₹)?
  10. 10.Arjun’s stall made a profit of ₹1800. Arjun saves 25% of it. How many rupees are saved?
  11. 11.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  12. 12.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  14. 14.Saanvi’s stall made a profit of ₹200. Saanvi saves 10% of it. How many rupees are saved?
  15. 15.Aarav’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?
  16. 16.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  18. 18.Ananya’s stall made a profit of ₹900. Ananya saves 10% of it. How many rupees are saved?
  19. 19.Dev’s stall made a profit of ₹1600. Dev saves 10% of it. How many rupees are saved?
  20. 20.Which of these is saving? (a) profit put in a bank (b) a new video game (c) sweets for yourself (d) a cinema ticket
  21. 21.Which of these is saving? (a) sweets for yourself (b) a new video game (c) a piggy bank for later (d) more seeds for next time
  22. 22.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  24. 24.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
  26. 26.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.Riya’s stall made a profit of ₹1400. 10% 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 ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.Lakshmi’s stall made a profit of ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.Joseph’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) more seeds for next time (d) an emergency fund
  32. 32.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  33. 33.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 ₹)?
  34. 34.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Lakshmi’s stall made a profit of ₹1600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Kabir’s stall made a profit of ₹600. Kabir saves 10% of it. How many rupees are saved?
  38. 38.Lakshmi’s stall made a profit of ₹400. Lakshmi saves 10% of it. How many rupees are saved?
  39. 39.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  40. 40.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. for bad days and goals
  2. spending
  3. 240
  4. saving
  5. reinvesting
  6. 280
  7. 1060
  8. 910
  9. 714
  10. 450
  11. saving
  12. 780
  13. to keep trust
  14. 20
  15. 360
  16. 784
  17. putting profit back in
  18. 90
  19. 160
  20. profit put in a bank
  21. a piggy bank for later
  22. 56
  23. spending
  24. 45
  25. sweets for yourself
  26. 12
  27. 420
  28. 309
  29. 540
  30. 300
  31. an emergency fund
  32. can I pay it back?
  33. 636
  34. 18
  35. 30
  36. 400
  37. 60
  38. 40
  39. spending
  40. 330

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