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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 103 · 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.

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  1. 1.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) a piggy bank for later
  2. 2.Dev’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.Gurpreet’s stall made a profit of ₹1200. Gurpreet saves 10% of it. How many rupees are saved?
  4. 4.Gurpreet’s stall made a profit of ₹1000. Gurpreet saves 50% of it. How many rupees are saved?
  5. 5.Kavya’s stall made a profit of ₹400. Kavya saves 50% of it. How many rupees are saved?
  6. 6.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) more seeds for next time (d) a cinema ticket
  7. 7.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) profit put in a bank (d) more seeds for next time
  8. 8.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) no reason (d) to waste it later
  9. 9.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  10. 10.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 ₹)?
  11. 11.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  13. 13.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) a piggy bank for later (d) better paint for cards
  16. 16.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.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 ₹)?
  18. 18.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  19. 19.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.Lakshmi’s stall made a profit of ₹1500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.Dev’s stall made a profit of ₹1400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Kavya’s stall made a profit of ₹1300. Kavya saves 20% of it. How many rupees are saved?
  24. 24.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  25. 25.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Ishaan’s stall made a profit of ₹700. Ishaan saves 20% of it. How many rupees are saved?
  27. 27.Lakshmi’s stall made a profit of ₹600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Which of these is spending on yourself? (a) profit put in a bank (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
  29. 29.Arjun’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  31. 31.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  33. 33.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  34. 34.Farhan’s stall made a profit of ₹1200. Farhan saves 10% of it. How many rupees are saved?
  35. 35.Saanvi’s stall made a profit of ₹1100. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  37. 37.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  39. 39.Gurpreet’s stall made a profit of ₹400. Gurpreet saves 10% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. buying a second juicer
  2. 825
  3. 120
  4. 500
  5. 200
  6. more seeds for next time
  7. profit put in a bank
  8. for bad days and goals
  9. 218
  10. 127
  11. 318
  12. spending
  13. 635
  14. 110
  15. a new video game
  16. 15
  17. 108
  18. reinvesting
  19. 1070
  20. 750
  21. 126
  22. 840
  23. 260
  24. to keep trust
  25. 16
  26. 140
  27. 240
  28. sweets for yourself
  29. 240
  30. the cost of borrowing
  31. 525
  32. saving
  33. talk to parents
  34. 120
  35. 550
  36. putting profit back in
  37. 342
  38. can I pay it back?
  39. 40
  40. 81

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