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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 115 · 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) a piggy bank for later (b) profit put in a bank (c) better paint for cards (d) sweets for yourself
  2. 2.Joseph’s stall made a profit of ₹2000. Joseph saves 25% of it. How many rupees are saved?
  3. 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  4. 4.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 ₹)?
  5. 5.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  6. 6.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.Lakshmi’s stall made a profit of ₹1700. 25% is saved, 40% 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) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
  9. 9.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) buying a second juicer (d) an emergency fund
  10. 10.Lakshmi’s stall made a profit of ₹400. Lakshmi saves 20% of it. How many rupees are saved?
  11. 11.Zoya’s stall made a profit of ₹1600. Zoya saves 10% of it. How many rupees are saved?
  12. 12.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  13. 13.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  14. 14.Rohan’s stall made a profit of ₹300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  16. 16.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  17. 17.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 ₹)?
  18. 18.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.Which of these is reinvesting in the business? (a) sweets for yourself (b) buying a second juicer (c) profit put in a bank (d) a piggy bank for later
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  22. 22.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  23. 23.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) buying a second juicer (d) a new video game
  24. 24.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) more seeds for next time (d) a piggy bank for later
  25. 25.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.Dev’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Lakshmi’s stall made a profit of ₹600. Lakshmi saves 25% of it. How many rupees are saved?
  29. 29.Zoya’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  34. 34.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) better paint for cards (d) a piggy bank for later
  37. 37.Ishaan’s stall made a profit of ₹1800. Ishaan saves 50% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  40. 40.Farhan’s stall made a profit of ₹1800. Farhan saves 25% of it. How many rupees are saved?

Answer key

  1. better paint for cards
  2. 500
  3. saving
  4. 224
  5. saving
  6. 432
  7. 680
  8. talk to parents
  9. an emergency fund
  10. 80
  11. 160
  12. reinvesting
  13. reinvesting
  14. 90
  15. the cost of borrowing
  16. to keep trust
  17. 127
  18. 60
  19. 728
  20. buying a second juicer
  21. reinvesting
  22. putting profit back in
  23. a new video game
  24. more seeds for next time
  25. 928
  26. 120
  27. 280
  28. 150
  29. 240
  30. 648
  31. 120
  32. 180
  33. can I pay it back?
  34. 654
  35. 27
  36. a piggy bank for later
  37. 900
  38. 75
  39. for bad days and goals
  40. 450

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