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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 276 · 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: sweets for yourself? (a) reinvesting (b) saving (c) spending
  2. 2.Which of these is saving? (a) a new video game (b) a cinema ticket (c) an emergency fund (d) more seeds for next time
  3. 3.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.Kabir’s stall made a profit of ₹1000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.Rohan’s stall made a profit of ₹1900. Rohan saves 50% of it. How many rupees are saved?
  6. 6.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  7. 7.Which of these is saving? (a) buying a second juicer (b) a new video game (c) sweets for yourself (d) profit put in a bank
  8. 8.Ishaan’s stall made a profit of ₹1700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.Gurpreet’s stall made a profit of ₹900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  13. 13.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.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 ₹)?
  15. 15.👪 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
  16. 16.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Ananya’s stall made a profit of ₹900. Ananya saves 20% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  20. 20.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  21. 21.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) a piggy bank for later (d) buying a second juicer
  22. 22.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Ananya’s stall made a profit of ₹500. Ananya saves 50% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  26. 26.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  27. 27.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) profit put in a bank (d) buying a second juicer
  28. 28.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  29. 29.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  30. 30.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  31. 31.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Riya’s stall made a profit of ₹1200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Dev’s stall made a profit of ₹1100. Dev saves 25% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.Saanvi’s stall made a profit of ₹900. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Aarav’s stall made a profit of ₹1100. Aarav saves 25% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.Aarav’s stall made a profit of ₹500. Aarav saves 50% of it. How many rupees are saved?
  39. 39.Nisha’s stall made a profit of ₹400. Nisha saves 50% of it. How many rupees are saved?
  40. 40.💡 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?

Answer key

  1. spending
  2. an emergency fund
  3. 18
  4. 300
  5. 950
  6. the cost of borrowing
  7. profit put in a bank
  8. 850
  9. 5
  10. 540
  11. 14
  12. saving
  13. 624
  14. 600
  15. talk to parents
  16. 124
  17. 180
  18. 1170
  19. putting profit back in
  20. saving
  21. a piggy bank for later
  22. 60
  23. 60
  24. 250
  25. spending
  26. for bad days and goals
  27. a new video game
  28. reinvesting
  29. spending
  30. to keep trust
  31. 381
  32. 360
  33. 275
  34. 116
  35. 360
  36. 275
  37. 18
  38. 250
  39. 200
  40. can I pay it back?

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