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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 325 · 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 ₹900 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.Ananya’s stall made a profit of ₹1100. Ananya saves 20% of it. How many rupees are saved?
  3. 3.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) better paint for cards (d) a piggy bank for later
  4. 4.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  5. 5.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  6. 6.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  7. 7.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  8. 8.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  10. 10.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) a new video game (d) buying a second juicer
  11. 11.Vihaan’s stall made a profit of ₹500. Vihaan saves 20% of it. How many rupees are saved?
  12. 12.Dev’s stall made a profit of ₹700. Dev saves 20% of it. How many rupees are saved?
  13. 13.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  14. 14.Rohan’s stall made a profit of ₹1700. Rohan saves 50% of it. How many rupees are saved?
  15. 15.Dev’s stall made a profit of ₹1600. Dev saves 10% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  19. 19.Ishaan’s stall made a profit of ₹2000. Ishaan saves 50% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.Riya’s stall made a profit of ₹800. Riya saves 10% of it. How many rupees are saved?
  23. 23.Which of these is spending on yourself? (a) sweets for yourself (b) a piggy bank for later (c) buying a second juicer (d) profit put in a bank
  24. 24.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  25. 25.Gurpreet’s stall made a profit of ₹1800. Gurpreet saves 10% of it. How many rupees are saved?
  26. 26.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) buying a second juicer (d) a piggy bank for later
  27. 27.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) a cinema ticket (d) a piggy bank for later
  28. 28.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) a piggy bank for later (d) a new video game
  29. 29.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  30. 30.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
  31. 31.Riya’s stall made a profit of ₹500. Riya saves 25% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.💡 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?
  34. 34.Joseph’s stall made a profit of ₹600. Joseph saves 50% of it. How many rupees are saved?
  35. 35.Dev’s stall made a profit of ₹600. Dev saves 25% of it. How many rupees are saved?
  36. 36.Meera’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  38. 38.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Arjun’s stall made a profit of ₹1400. Arjun saves 20% of it. How many rupees are saved?

Answer key

  1. 54
  2. 220
  3. better paint for cards
  4. reinvesting
  5. saving
  6. for bad days and goals
  7. the cost of borrowing
  8. 60
  9. reinvesting
  10. an emergency fund
  11. 100
  12. 140
  13. to keep trust
  14. 850
  15. 160
  16. 636
  17. 684
  18. 14
  19. 1000
  20. 32
  21. 16
  22. 80
  23. sweets for yourself
  24. reinvesting
  25. 180
  26. buying a second juicer
  27. a cinema ticket
  28. a piggy bank for later
  29. saving
  30. talk to parents
  31. 125
  32. 3
  33. can I pay it back?
  34. 300
  35. 150
  36. 210
  37. spending
  38. 1120
  39. 1080
  40. 280

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