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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 368 · 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.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
  3. 3.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) a piggy bank for later
  4. 4.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.Ishaan’s stall made a profit of ₹300. Ishaan saves 50% of it. How many rupees are saved?
  6. 6.Tara’s stall made a profit of ₹1200. Tara saves 25% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  8. 8.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  9. 9.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) an emergency fund (d) sweets for yourself
  10. 10.Nisha’s stall made a profit of ₹1400. Nisha saves 10% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.Kabir’s stall made a profit of ₹2000. Kabir saves 50% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.Kavya’s stall made a profit of ₹600. Kavya saves 10% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) profit put in a bank (d) a cinema ticket
  21. 21.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) buying a second juicer (d) profit put in a bank
  22. 22.Aarav’s stall made a profit of ₹800. Aarav saves 50% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  24. 24.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  26. 26.Ishaan’s stall made a profit of ₹800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  28. 28.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.Diya’s stall made a profit of ₹500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
  31. 31.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  32. 32.Ananya’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Ishaan’s stall made a profit of ₹1000. Ishaan saves 10% of it. How many rupees are saved?
  34. 34.Kabir’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  36. 36.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.Diya’s stall made a profit of ₹1400. Diya saves 25% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  40. 40.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals

Answer key

  1. saving
  2. talk to parents
  3. buying a second juicer
  4. 936
  5. 150
  6. 300
  7. spending
  8. reinvesting
  9. sweets for yourself
  10. 140
  11. 472
  12. 1000
  13. 116
  14. 60
  15. 440
  16. 1040
  17. 28
  18. 484
  19. 84
  20. a cinema ticket
  21. a new video game
  22. 400
  23. reinvesting
  24. 12
  25. spending
  26. 320
  27. reinvesting
  28. 928
  29. 200
  30. can I pay it back?
  31. to keep trust
  32. 160
  33. 100
  34. 560
  35. saving
  36. 24
  37. 350
  38. 16
  39. spending
  40. for bad days and goals

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