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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 238 · 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.Vihaan’s stall made a profit of ₹1300. Vihaan saves 50% of it. How many rupees are saved?
  2. 2.Zoya’s stall made a profit of ₹2000. Zoya saves 20% of it. How many rupees are saved?
  3. 3.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
  4. 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  5. 5.Rohan’s stall made a profit of ₹1000. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Kavya’s stall made a profit of ₹300. Kavya saves 10% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  8. 8.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  9. 9.Riya’s stall made a profit of ₹700. Riya saves 20% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.Which of these is reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) a piggy bank for later (d) a new video game
  12. 12.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) buying a second juicer (d) profit put in a bank
  13. 13.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.Meera’s stall made a profit of ₹1000. Meera saves 50% of it. How many rupees are saved?
  15. 15.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) a piggy bank for later (d) buying a second juicer
  16. 16.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  17. 17.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  19. 19.Aarav’s stall made a profit of ₹1900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  21. 21.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  23. 23.Which of these is saving? (a) a cinema ticket (b) a new video game (c) more seeds for next time (d) a piggy bank for later
  24. 24.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  25. 25.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  27. 27.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  28. 28.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) sweets for yourself (d) profit put in a bank
  30. 30.Farhan’s stall made a profit of ₹200. Farhan saves 20% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Aarav’s stall made a profit of ₹1400. Aarav saves 10% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Joseph’s stall made a profit of ₹600. Joseph saves 20% of it. How many rupees are saved?
  36. 36.Ananya’s stall made a profit of ₹2000. Ananya saves 50% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) more seeds for next time
  40. 40.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. 650
  2. 400
  3. for bad days and goals
  4. saving
  5. 250
  6. 30
  7. saving
  8. putting profit back in
  9. 140
  10. 360
  11. more seeds for next time
  12. profit put in a bank
  13. 570
  14. 500
  15. buying a second juicer
  16. the cost of borrowing
  17. 972
  18. 14
  19. 1140
  20. talk to parents
  21. 684
  22. to keep trust
  23. a piggy bank for later
  24. saving
  25. 6
  26. reinvesting
  27. spending
  28. 54
  29. sweets for yourself
  30. 40
  31. 27
  32. 140
  33. 230
  34. 70
  35. 120
  36. 1000
  37. 832
  38. 9
  39. a new video game
  40. 30

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