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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 376 · 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.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  2. 2.Tara’s stall made a profit of ₹900. Tara saves 25% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  4. 4.Dev’s stall made a profit of ₹1500. Dev saves 25% of it. How many rupees are saved?
  5. 5.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) a piggy bank for later (d) a new video game
  6. 6.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) buying a second juicer (d) a cinema ticket
  7. 7.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) buying a second juicer (d) a cinema ticket
  8. 8.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  9. 9.Tara’s stall made a profit of ₹1200. Tara saves 50% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  12. 12.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) an emergency fund (d) a new video game
  13. 13.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  14. 14.Rohan’s stall made a profit of ₹300. Rohan saves 50% of it. How many rupees are saved?
  15. 15.Tara’s stall made a profit of ₹800. Tara saves 25% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.A small family shop borrows ₹600 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 ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  20. 20.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Which of these is spending on yourself? (a) profit put in a bank (b) sweets for yourself (c) buying a second juicer (d) a piggy bank for later
  22. 22.Kabir’s stall made a profit of ₹700. Kabir saves 25% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.Farhan’s stall made a profit of ₹800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Diya’s stall made a profit of ₹800. Diya saves 25% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.🐷 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
  28. 28.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  29. 29.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) a piggy bank for later (d) more seeds for next time
  30. 30.Lakshmi’s stall made a profit of ₹1300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Diya’s stall made a profit of ₹1100. Diya saves 10% of it. How many rupees are saved?
  32. 32.Meera’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  34. 34.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  35. 35.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Zoya’s stall made a profit of ₹1700. Zoya saves 20% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Gurpreet’s stall made a profit of ₹400. Gurpreet saves 50% of it. How many rupees are saved?
  39. 39.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  40. 40.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. the cost of borrowing
  2. 225
  3. 348
  4. 375
  5. a piggy bank for later
  6. profit put in a bank
  7. a cinema ticket
  8. spending
  9. 600
  10. 8
  11. reinvesting
  12. a new video game
  13. to keep trust
  14. 150
  15. 200
  16. 612
  17. 90
  18. 660
  19. talk to parents
  20. 27
  21. sweets for yourself
  22. 175
  23. 330
  24. 400
  25. 200
  26. 756
  27. for bad days and goals
  28. reinvesting
  29. more seeds for next time
  30. 390
  31. 110
  32. 400
  33. reinvesting
  34. saving
  35. 212
  36. 340
  37. 14
  38. 200
  39. saving
  40. 1060

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