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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 265 · 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.Which of these is saving? (a) more seeds for next time (b) a piggy bank for later (c) better paint for cards (d) a new video game
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  3. 3.Dev’s stall made a profit of ₹300. Dev saves 50% of it. How many rupees are saved?
  4. 4.Dev’s stall made a profit of ₹900. Dev saves 10% of it. How many rupees are saved?
  5. 5.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  6. 6.Which of these is saving? (a) profit put in a bank (b) a new video game (c) a cinema ticket (d) more seeds for next time
  7. 7.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 ₹)?
  8. 8.Gurpreet’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  10. 10.Nisha’s stall made a profit of ₹1500. Nisha saves 10% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.Which of these is spending on yourself? (a) sweets for yourself (b) a piggy bank for later (c) more seeds for next time (d) better paint for cards
  13. 13.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  14. 14.Gurpreet’s stall made a profit of ₹1300. Gurpreet saves 10% of it. How many rupees are saved?
  15. 15.Ananya’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Which of these is reinvesting in the business? (a) better paint for cards (b) a piggy bank for later (c) a new video game (d) a cinema ticket
  17. 17.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) sweets for yourself (d) a cinema ticket
  18. 18.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  19. 19.Vihaan’s stall made a profit of ₹900. Vihaan saves 50% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  21. 21.Rohan’s stall made a profit of ₹1600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  24. 24.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  25. 25.Riya’s stall made a profit of ₹400. Riya saves 50% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  28. 28.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 ₹)?
  29. 29.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  31. 31.Which of these is reinvesting in the business? (a) more seeds for next time (b) a cinema ticket (c) profit put in a bank (d) a new video game
  32. 32.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  33. 33.Riya’s stall made a profit of ₹1400. 25% is saved, 20% 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 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.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 ₹)?
  37. 37.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Ishaan’s stall made a profit of ₹1900. Ishaan saves 20% of it. How many rupees are saved?
  39. 39.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  40. 40.Diya’s stall made a profit of ₹1700. Diya saves 50% of it. How many rupees are saved?

Answer key

  1. a piggy bank for later
  2. saving
  3. 150
  4. 90
  5. saving
  6. profit put in a bank
  7. 456
  8. 60
  9. reinvesting
  10. 150
  11. 12
  12. sweets for yourself
  13. to keep trust
  14. 130
  15. 180
  16. better paint for cards
  17. buying a second juicer
  18. talk to parents
  19. 450
  20. spending
  21. 640
  22. 525
  23. the cost of borrowing
  24. can I pay it back?
  25. 200
  26. 240
  27. spending
  28. 412
  29. 48
  30. saving
  31. more seeds for next time
  32. putting profit back in
  33. 280
  34. 742
  35. 16
  36. 784
  37. 12
  38. 380
  39. reinvesting
  40. 850

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