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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 281 · 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: an emergency fund? (a) saving (b) spending (c) reinvesting
  2. 2.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) more seeds for next time (d) a new video game
  4. 4.Zoya’s stall made a profit of ₹200. Zoya saves 10% of it. How many rupees are saved?
  5. 5.Vihaan’s stall made a profit of ₹1000. Vihaan saves 50% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  7. 7.Aarav’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) a cinema ticket (d) profit put in a bank
  11. 11.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.Aarav’s stall made a profit of ₹2000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  14. 14.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  15. 15.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Rohan’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  19. 19.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) sweets for yourself (d) buying a second juicer
  20. 20.Farhan’s stall made a profit of ₹1500. Farhan saves 50% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  23. 23.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) profit put in a bank (d) more seeds for next time
  24. 24.Kavya’s stall made a profit of ₹1900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) a new video game (d) a piggy bank for later
  27. 27.Nisha’s stall made a profit of ₹1400. Nisha saves 25% of it. How many rupees are saved?
  28. 28.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  29. 29.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) an emergency fund (d) better paint for cards
  30. 30.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) how fast can I spend? (d) what is the logo?
  32. 32.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) a cinema ticket (d) better paint for cards
  33. 33.Which of these is reinvesting in the business? (a) a cinema ticket (b) buying a second juicer (c) a piggy bank for later (d) a new video game
  34. 34.Tara’s stall made a profit of ₹900. Tara saves 50% of it. How many rupees are saved?
  35. 35.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  36. 36.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  37. 37.Joseph’s stall made a profit of ₹1900. Joseph saves 20% of it. How many rupees are saved?
  38. 38.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  39. 39.Ananya’s stall made a profit of ₹900. Ananya saves 10% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting

Answer key

  1. saving
  2. 24
  3. profit put in a bank
  4. 20
  5. 500
  6. spending
  7. 150
  8. 224
  9. 72
  10. better paint for cards
  11. 944
  12. 600
  13. reinvesting
  14. the cost of borrowing
  15. 45
  16. 120
  17. 21
  18. to keep trust
  19. sweets for yourself
  20. 750
  21. 742
  22. reinvesting
  23. more seeds for next time
  24. 950
  25. 126
  26. a piggy bank for later
  27. 350
  28. for bad days and goals
  29. a new video game
  30. 110
  31. can I pay it back?
  32. a cinema ticket
  33. buying a second juicer
  34. 450
  35. talk to parents
  36. putting profit back in
  37. 380
  38. spending
  39. 90
  40. saving

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