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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 209 · 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.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  2. 2.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  3. 3.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) an emergency fund (d) sweets for yourself
  4. 4.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) a new video game (d) better paint for cards
  5. 5.Kavya’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 reinvested?
  6. 6.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a piggy bank for later (d) sweets for yourself
  8. 8.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  9. 9.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  10. 10.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  12. 12.Which of these is reinvesting in the business? (a) sweets for yourself (b) buying a second juicer (c) profit put in a bank (d) an emergency fund
  13. 13.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  14. 14.Ishaan’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.Ishaan’s stall made a profit of ₹1100. Ishaan saves 50% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.Nisha’s stall made a profit of ₹500. Nisha saves 20% of it. How many rupees are saved?
  18. 18.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) better paint for cards (d) a piggy bank for later
  19. 19.Kavya’s stall made a profit of ₹900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.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 ₹)?
  27. 27.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  28. 28.Farhan’s stall made a profit of ₹1100. Farhan saves 25% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  30. 30.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  31. 31.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.Farhan’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  36. 36.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.Tara’s stall made a profit of ₹1400. Tara saves 20% of it. How many rupees are saved?
  38. 38.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  39. 39.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Saanvi’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. for bad days and goals
  2. spending
  3. sweets for yourself
  4. better paint for cards
  5. 280
  6. 42
  7. a piggy bank for later
  8. spending
  9. to keep trust
  10. 50
  11. saving
  12. buying a second juicer
  13. the cost of borrowing
  14. 110
  15. 550
  16. 1008
  17. 100
  18. a cinema ticket
  19. 360
  20. 40
  21. 180
  22. 756
  23. 8
  24. 90
  25. 36
  26. 330
  27. reinvesting
  28. 275
  29. saving
  30. saving
  31. 654
  32. 72
  33. 118
  34. 300
  35. talk to parents
  36. 72
  37. 280
  38. reinvesting
  39. 90
  40. 280

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