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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 294 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Ishaan’s stall made a profit of ₹1700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Rohan’s stall made a profit of ₹900. Rohan saves 10% of it. How many rupees are saved?
  3. 3.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  4. 4.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.Meera’s stall made a profit of ₹1700. Meera saves 50% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  7. 7.Which of these is saving? (a) more seeds for next time (b) sweets for yourself (c) a piggy bank for later (d) a cinema ticket
  8. 8.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  12. 12.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  15. 15.Aarav’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Zoya’s stall made a profit of ₹600. Zoya saves 20% of it. How many rupees are saved?
  17. 17.Vihaan’s stall made a profit of ₹1000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Kabir’s stall made a profit of ₹500. Kabir saves 10% of it. How many rupees are saved?
  20. 20.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  21. 21.Aarav’s stall made a profit of ₹600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  23. 23.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  24. 24.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) an emergency fund (d) a new video game
  25. 25.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  28. 28.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.Which of these is reinvesting in the business? (a) profit put in a bank (b) better paint for cards (c) an emergency fund (d) sweets for yourself
  31. 31.Ananya’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
  33. 33.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) a new video game (d) an emergency fund
  34. 34.Farhan’s stall made a profit of ₹1400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Arjun’s stall made a profit of ₹1600. Arjun saves 50% of it. How many rupees are saved?
  36. 36.Arjun’s stall made a profit of ₹1600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.Vihaan’s stall made a profit of ₹1600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  40. 40.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting

Answer key

  1. 510
  2. 90
  3. putting profit back in
  4. 54
  5. 850
  6. saving
  7. a piggy bank for later
  8. 1080
  9. 954
  10. to keep trust
  11. talk to parents
  12. 763
  13. 84
  14. saving
  15. 360
  16. 120
  17. 550
  18. 354
  19. 50
  20. can I pay it back?
  21. 240
  22. spending
  23. buying a second juicer
  24. an emergency fund
  25. 10
  26. 106
  27. for bad days and goals
  28. 408
  29. 1040
  30. better paint for cards
  31. 360
  32. sweets for yourself
  33. a new video game
  34. 560
  35. 800
  36. 320
  37. 14
  38. 640
  39. the cost of borrowing
  40. reinvesting

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