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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 310 · 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.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) a cinema ticket (d) sweets for yourself
  3. 3.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.Riya’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) a cinema ticket (d) profit put in a bank
  6. 6.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  7. 7.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.Dev’s stall made a profit of ₹1300. Dev saves 50% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  11. 11.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) sweets for yourself (d) more seeds for next time
  13. 13.Diya’s stall made a profit of ₹2000. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Diya’s stall made a profit of ₹2000. Diya saves 25% of it. How many rupees are saved?
  15. 15.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later
  16. 16.Arjun’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.Dev’s stall made a profit of ₹900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Rohan’s stall made a profit of ₹1100. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Ishaan’s stall made a profit of ₹1400. Ishaan saves 10% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to pay more interest (d) to lose friends
  23. 23.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) profit put in a bank (d) sweets for yourself
  24. 24.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  25. 25.Riya’s stall made a profit of ₹1900. Riya saves 20% of it. How many rupees are saved?
  26. 26.Tara’s stall made a profit of ₹2000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Riya’s stall made a profit of ₹400. Riya saves 50% of it. How many rupees are saved?
  28. 28.Dev’s stall made a profit of ₹1600. Dev saves 25% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  30. 30.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) profit put in a bank (d) a new video game
  32. 32.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Which of these is saving? (a) profit put in a bank (b) more seeds for next time (c) buying a second juicer (d) a new video game
  34. 34.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  35. 35.Which of these is saving? (a) better paint for cards (b) a new video game (c) more seeds for next time (d) a piggy bank for later
  36. 36.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  37. 37.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 ₹)?
  38. 38.Kabir’s stall made a profit of ₹900. Kabir saves 20% of it. How many rupees are saved?
  39. 39.Saanvi’s stall made a profit of ₹900. Saanvi saves 50% of it. How many rupees are saved?
  40. 40.Which of these is reinvesting in the business? (a) profit put in a bank (b) better paint for cards (c) a new video game (d) a piggy bank for later

Answer key

  1. 48
  2. an emergency fund
  3. 90
  4. 360
  5. a cinema ticket
  6. putting profit back in
  7. 70
  8. 650
  9. 30
  10. saving
  11. 440
  12. more seeds for next time
  13. 500
  14. 500
  15. for bad days and goals
  16. 240
  17. 10
  18. 270
  19. 440
  20. 140
  21. 112
  22. to keep trust
  23. sweets for yourself
  24. reinvesting
  25. 380
  26. 1000
  27. 200
  28. 400
  29. spending
  30. 3
  31. a new video game
  32. 220
  33. profit put in a bank
  34. spending
  35. a piggy bank for later
  36. saving
  37. 600
  38. 180
  39. 450
  40. better paint for cards

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