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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 323 · 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.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  3. 3.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  5. 5.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  6. 6.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) better paint for cards
  7. 7.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.Zoya’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) more seeds for next time (d) a cinema ticket
  10. 10.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to keep trust (d) to pay more interest
  13. 13.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) a new video game (d) buying a second juicer
  15. 15.Rohan’s stall made a profit of ₹2000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) buying a second juicer (d) a cinema ticket
  18. 18.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  20. 20.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  21. 21.Lakshmi’s stall made a profit of ₹1700. Lakshmi saves 20% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  24. 24.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  25. 25.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Farhan’s stall made a profit of ₹400. Farhan saves 50% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  29. 29.Meera’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.Diya’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Kavya’s stall made a profit of ₹700. Kavya saves 25% of it. How many rupees are saved?
  32. 32.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) take it secretly (d) borrow online alone
  33. 33.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Kabir’s stall made a profit of ₹400. Kabir saves 25% of it. How many rupees are saved?
  35. 35.Ananya’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  38. 38.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.Which of these is reinvesting in the business? (a) a cinema ticket (b) buying a second juicer (c) a piggy bank for later (d) profit put in a bank
  40. 40.Tara’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. putting profit back in
  2. saving
  3. 224
  4. reinvesting
  5. reinvesting
  6. a piggy bank for later
  7. 464
  8. 120
  9. a cinema ticket
  10. 10
  11. 744
  12. to keep trust
  13. 6
  14. a new video game
  15. 400
  16. 981
  17. an emergency fund
  18. 180
  19. for bad days and goals
  20. reinvesting
  21. 340
  22. 72
  23. the cost of borrowing
  24. can I pay it back?
  25. 242
  26. 200
  27. 420
  28. spending
  29. 225
  30. 60
  31. 175
  32. talk to parents
  33. 20
  34. 100
  35. 600
  36. 24
  37. spending
  38. 24
  39. buying a second juicer
  40. 220

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