← Saving, reinvesting and borrowing lesson New set →

Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 987 · 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.Diya’s stall made a profit of ₹600. Diya saves 50% of it. How many rupees are saved?
  2. 2.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  3. 3.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
  4. 4.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) a new video game (d) better paint for cards
  6. 6.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) profit put in a bank (d) a new video game
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  9. 9.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  10. 10.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 ₹)?
  11. 11.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  12. 12.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  14. 14.🐷 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
  15. 15.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  16. 16.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  18. 18.Diya’s stall made a profit of ₹1000. Diya saves 20% of it. How many rupees are saved?
  19. 19.Riya’s stall made a profit of ₹1300. Riya saves 20% of it. How many rupees are saved?
  20. 20.Aarav’s stall made a profit of ₹1600. 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) an emergency fund (c) a new video game (d) a cinema ticket
  22. 22.Meera’s stall made a profit of ₹500. Meera saves 20% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.Meera’s stall made a profit of ₹2000. Meera saves 50% of it. How many rupees are saved?
  25. 25.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) sweets for yourself (d) more seeds for next time
  26. 26.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) a cinema ticket (d) profit put in a bank
  27. 27.Aarav’s stall made a profit of ₹600. Aarav saves 20% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  30. 30.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Aarav’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.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 ₹)?
  33. 33.Which of these is reinvesting in the business? (a) profit put in a bank (b) better paint for cards (c) an emergency fund (d) a piggy bank for later
  34. 34.Which of these is spending on yourself? (a) sweets for yourself (b) profit put in a bank (c) a piggy bank for later (d) better paint for cards
  35. 35.Rohan’s stall made a profit of ₹2000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) a new video game
  38. 38.Farhan’s stall made a profit of ₹1900. Farhan saves 50% of it. How many rupees are saved?
  39. 39.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  40. 40.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving

Answer key

  1. 300
  2. the cost of borrowing
  3. talk to parents
  4. 24
  5. a piggy bank for later
  6. 208
  7. a new video game
  8. saving
  9. can I pay it back?
  10. 780
  11. reinvesting
  12. 224
  13. spending
  14. for bad days and goals
  15. putting profit back in
  16. saving
  17. spending
  18. 200
  19. 260
  20. 640
  21. an emergency fund
  22. 100
  23. 100
  24. 1000
  25. profit put in a bank
  26. buying a second juicer
  27. 120
  28. 9
  29. reinvesting
  30. 108
  31. 120
  32. 330
  33. better paint for cards
  34. sweets for yourself
  35. 900
  36. 30
  37. more seeds for next time
  38. 950
  39. reinvesting
  40. spending

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