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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 252 · 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: profit put in a bank? (a) saving (b) reinvesting (c) spending
  2. 2.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) better paint for cards (d) a new video game
  3. 3.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  5. 5.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) ask strangers (d) take it secretly
  7. 7.Lakshmi’s stall made a profit of ₹1100. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  9. 9.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) a piggy bank for later (d) a new video game
  10. 10.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) better paint for cards (d) more seeds for next time
  13. 13.Riya’s stall made a profit of ₹1600. Riya saves 50% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  15. 15.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  16. 16.Meera’s stall made a profit of ₹600. Meera saves 25% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.Lakshmi’s stall made a profit of ₹1800. Lakshmi saves 10% of it. How many rupees are saved?
  19. 19.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) sweets for yourself (d) a piggy bank for later
  20. 20.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) better paint for cards (d) profit put in a bank
  23. 23.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.Ishaan’s stall made a profit of ₹500. Ishaan saves 25% of it. How many rupees are saved?
  26. 26.Dev’s stall made a profit of ₹600. Dev saves 10% of it. How many rupees are saved?
  27. 27.Farhan’s stall made a profit of ₹1800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
  29. 29.Lakshmi’s stall made a profit of ₹800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹200 from a bank at 2% 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 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Diya’s stall made a profit of ₹1300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.Dev’s stall made a profit of ₹200. Dev saves 10% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) profit put in a bank (d) better paint for cards
  38. 38.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) sweets for yourself (d) a piggy bank for later
  40. 40.Saanvi’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. saving
  2. a new video game
  3. 84
  4. putting profit back in
  5. the cost of borrowing
  6. talk to parents
  7. 330
  8. spending
  9. a piggy bank for later
  10. 240
  11. 28
  12. an emergency fund
  13. 800
  14. saving
  15. to keep trust
  16. 150
  17. 840
  18. 180
  19. more seeds for next time
  20. 600
  21. 63
  22. a cinema ticket
  23. 456
  24. 72
  25. 125
  26. 60
  27. 1080
  28. buying a second juicer
  29. 440
  30. 24
  31. 204
  32. 960
  33. 650
  34. 42
  35. 20
  36. 15
  37. profit put in a bank
  38. 784
  39. better paint for cards
  40. 1260

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