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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 173 · 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.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.Zoya’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?
  3. 3.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  4. 4.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  5. 5.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  7. 7.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) take it secretly (d) borrow online alone
  9. 9.Ishaan’s stall made a profit of ₹2000. Ishaan saves 20% of it. How many rupees are saved?
  10. 10.Kavya’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) a piggy bank for later (d) a cinema ticket
  13. 13.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  14. 14.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) an emergency fund (d) a cinema ticket
  15. 15.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  16. 16.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  17. 17.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  18. 18.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Dev’s stall made a profit of ₹2000. Dev saves 25% of it. How many rupees are saved?
  20. 20.Rohan’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 20% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  23. 23.Meera’s stall made a profit of ₹800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Meera’s stall made a profit of ₹1900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  26. 26.Aarav’s stall made a profit of ₹500. Aarav saves 25% of it. How many rupees are saved?
  27. 27.Arjun’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.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  29. 29.Lakshmi’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.Nisha’s stall made a profit of ₹500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Lakshmi’s stall made a profit of ₹400. Lakshmi saves 50% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.Nisha’s stall made a profit of ₹1700. Nisha saves 10% of it. How many rupees are saved?
  34. 34.Rohan’s stall made a profit of ₹700. Rohan saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  38. 38.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  39. 39.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Dev’s stall made a profit of ₹900. Dev saves 10% of it. How many rupees are saved?

Answer key

  1. 420
  2. 300
  3. can I pay it back?
  4. spending
  5. 16
  6. saving
  7. saving
  8. talk to parents
  9. 400
  10. 120
  11. 472
  12. a cinema ticket
  13. for bad days and goals
  14. more seeds for next time
  15. the cost of borrowing
  16. reinvesting
  17. profit put in a bank
  18. 848
  19. 500
  20. 100
  21. 100
  22. saving
  23. 400
  24. 1045
  25. spending
  26. 125
  27. 280
  28. reinvesting
  29. 120
  30. 150
  31. 200
  32. 896
  33. 170
  34. 70
  35. 109
  36. 315
  37. putting profit back in
  38. reinvesting
  39. 63
  40. 90

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