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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 205 · 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.Zoya’s stall made a profit of ₹700. Zoya saves 50% of it. How many rupees are saved?
  2. 2.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) buying a second juicer (d) sweets for yourself
  3. 3.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  4. 4.Farhan’s stall made a profit of ₹1000. Farhan saves 20% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  8. 8.Nisha’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 reinvested?
  9. 9.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  10. 10.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.Aarav’s stall made a profit of ₹200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  14. 14.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  16. 16.Meera’s stall made a profit of ₹500. Meera saves 25% of it. How many rupees are saved?
  17. 17.Tara’s stall made a profit of ₹1300. Tara saves 10% of it. How many rupees are saved?
  18. 18.Dev’s stall made a profit of ₹2000. Dev saves 50% of it. How many rupees are saved?
  19. 19.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  20. 20.Ananya’s stall made a profit of ₹700. Ananya saves 50% of it. How many rupees are saved?
  21. 21.Joseph’s stall made a profit of ₹1600. Joseph saves 10% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  25. 25.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) a piggy bank for later (d) better paint for cards
  26. 26.Riya’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) a cinema ticket (d) more seeds for next time
  28. 28.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  29. 29.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) an emergency fund (d) buying a second juicer
  31. 31.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) a piggy bank for later (d) better paint for cards
  32. 32.Meera’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  34. 34.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Aarav’s stall made a profit of ₹1700. Aarav saves 10% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Aarav’s stall made a profit of ₹1500. Aarav saves 50% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending

Answer key

  1. 350
  2. buying a second juicer
  3. the cost of borrowing
  4. 200
  5. 25
  6. 144
  7. reinvesting
  8. 330
  9. saving
  10. 735
  11. 16
  12. 80
  13. spending
  14. talk to parents
  15. saving
  16. 125
  17. 130
  18. 1000
  19. for bad days and goals
  20. 350
  21. 160
  22. 120
  23. 1062
  24. reinvesting
  25. better paint for cards
  26. 350
  27. a cinema ticket
  28. saving
  29. 36
  30. an emergency fund
  31. a new video game
  32. 200
  33. spending
  34. 590
  35. 30
  36. 45
  37. 170
  38. 24
  39. 750
  40. reinvesting

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