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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 248 · 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.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  3. 3.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.Aarav’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  7. 7.Dev’s stall made a profit of ₹500. Dev saves 10% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  10. 10.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.Kavya’s stall made a profit of ₹300. Kavya saves 50% of it. How many rupees are saved?
  12. 12.Tara’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  15. 15.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  16. 16.Meera’s stall made a profit of ₹1000. Meera saves 25% of it. How many rupees are saved?
  17. 17.Kavya’s stall made a profit of ₹600. Kavya saves 10% of it. How many rupees are saved?
  18. 18.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) buying a second juicer (d) profit put in a bank
  19. 19.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) an emergency fund (d) a cinema ticket
  20. 20.Saanvi’s stall made a profit of ₹1100. Saanvi saves 25% of it. How many rupees are saved?
  21. 21.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) a cinema ticket (d) profit put in a bank
  22. 22.Gurpreet’s stall made a profit of ₹1200. Gurpreet saves 50% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  25. 25.Which of these is saving? (a) sweets for yourself (b) a new video game (c) a piggy bank for later (d) buying a second juicer
  26. 26.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  29. 29.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  31. 31.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
  32. 32.Lakshmi’s stall made a profit of ₹1700. Lakshmi saves 25% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.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
  35. 35.Farhan’s stall made a profit of ₹1500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Tara’s stall made a profit of ₹300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  38. 38.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
  39. 39.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Ananya’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. spending
  2. talk to parents
  3. 45
  4. 42
  5. 420
  6. to keep trust
  7. 50
  8. 412
  9. spending
  10. 110
  11. 150
  12. 100
  13. 696
  14. the cost of borrowing
  15. reinvesting
  16. 250
  17. 60
  18. buying a second juicer
  19. a cinema ticket
  20. 275
  21. more seeds for next time
  22. 600
  23. 9
  24. reinvesting
  25. a piggy bank for later
  26. 24
  27. 20
  28. saving
  29. 72
  30. can I pay it back?
  31. for bad days and goals
  32. 425
  33. 1026
  34. profit put in a bank
  35. 300
  36. 135
  37. saving
  38. putting profit back in
  39. 24
  40. 440

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