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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 295 · 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 reinvesting in the business? (a) sweets for yourself (b) buying a second juicer (c) profit put in a bank (d) a piggy bank for later
  2. 2.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  3. 3.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  5. 5.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
  6. 6.Saanvi’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  8. 8.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) more seeds for next time (d) a cinema ticket
  9. 9.👪 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
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  11. 11.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  12. 12.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
  13. 13.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.Kabir’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.Ananya’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Gurpreet’s stall made a profit of ₹1300. Gurpreet saves 10% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  20. 20.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) profit put in a bank (d) an emergency fund
  21. 21.Which of these is saving? (a) a new video game (b) a cinema ticket (c) a piggy bank for later (d) better paint for cards
  22. 22.Which of these is spending on yourself? (a) a new video game (b) better paint for cards (c) buying a second juicer (d) a piggy bank for later
  23. 23.Gurpreet’s stall made a profit of ₹400. Gurpreet saves 25% of it. How many rupees are saved?
  24. 24.Joseph’s stall made a profit of ₹1600. Joseph saves 25% of it. How many rupees are saved?
  25. 25.Vihaan’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.A small family shop borrows ₹100 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: more seeds for next time? (a) saving (b) reinvesting (c) spending
  28. 28.Rohan’s stall made a profit of ₹1700. Rohan saves 20% of it. How many rupees are saved?
  29. 29.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  30. 30.Diya’s stall made a profit of ₹1400. Diya saves 25% of it. How many rupees are saved?
  31. 31.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) saving is a loss (d) no reason
  32. 32.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Meera’s stall made a profit of ₹1600. Meera saves 10% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  36. 36.Kabir’s stall made a profit of ₹200. Kabir saves 25% of it. How many rupees are saved?
  37. 37.Joseph’s stall made a profit of ₹800. Joseph saves 10% of it. How many rupees are saved?
  38. 38.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  39. 39.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Zoya’s stall made a profit of ₹200. Zoya saves 20% of it. How many rupees are saved?

Answer key

  1. buying a second juicer
  2. reinvesting
  3. 54
  4. spending
  5. profit put in a bank
  6. 80
  7. to keep trust
  8. more seeds for next time
  9. talk to parents
  10. saving
  11. saving
  12. an emergency fund
  13. 20
  14. 125
  15. 150
  16. 130
  17. 75
  18. 318
  19. spending
  20. a cinema ticket
  21. a piggy bank for later
  22. a new video game
  23. 100
  24. 400
  25. 100
  26. 120
  27. reinvesting
  28. 340
  29. putting profit back in
  30. 350
  31. for bad days and goals
  32. 312
  33. 160
  34. 48
  35. the cost of borrowing
  36. 50
  37. 80
  38. saving
  39. 12
  40. 40

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