← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 977 · 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.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
  2. 2.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Meera’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?
  4. 4.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  5. 5.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.Farhan’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  9. 9.Arjun’s stall made a profit of ₹1000. Arjun saves 25% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) profit put in a bank (d) buying a second juicer
  12. 12.Vihaan’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  14. 14.Meera’s stall made a profit of ₹600. Meera saves 25% of it. How many rupees are saved?
  15. 15.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  16. 16.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  18. 18.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  19. 19.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) sweets for yourself (d) better paint for cards
  20. 20.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  22. 22.Gurpreet’s stall made a profit of ₹900. Gurpreet saves 10% of it. How many rupees are saved?
  23. 23.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) a new video game (d) sweets for yourself
  24. 24.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) better paint for cards (d) more seeds for next time
  25. 25.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Dev’s stall made a profit of ₹1000. Dev saves 10% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Which of these is spending on yourself? (a) a cinema ticket (b) buying a second juicer (c) a piggy bank for later (d) better paint for cards
  30. 30.Nisha’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.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 ₹)?
  32. 32.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  33. 33.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  34. 34.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  35. 35.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  38. 38.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. can I pay it back?
  2. 214
  3. 360
  4. for bad days and goals
  5. 1080
  6. 660
  7. 320
  8. talk to parents
  9. 250
  10. 18
  11. buying a second juicer
  12. 150
  13. putting profit back in
  14. 150
  15. reinvesting
  16. saving
  17. spending
  18. to keep trust
  19. sweets for yourself
  20. 1060
  21. reinvesting
  22. 90
  23. profit put in a bank
  24. an emergency fund
  25. 168
  26. 100
  27. 618
  28. 12
  29. a cinema ticket
  30. 300
  31. 832
  32. saving
  33. spending
  34. the cost of borrowing
  35. 756
  36. 127
  37. reinvesting
  38. 96
  39. 162
  40. 24

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