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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 409 · 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.Ananya’s stall made a profit of ₹1500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) sweets for yourself (d) more seeds for next time
  3. 3.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) buying a second juicer (d) an emergency fund
  4. 4.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.Lakshmi’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.👪 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
  8. 8.Joseph’s stall made a profit of ₹400. Joseph saves 20% of it. How many rupees are saved?
  9. 9.Rohan’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.Which of these is saving? (a) buying a second juicer (b) a new video game (c) profit put in a bank (d) more seeds for next time
  11. 11.Dev’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  14. 14.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) nothing (d) can I pay it back?
  15. 15.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) profit put in a bank (d) an emergency fund
  16. 16.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
  17. 17.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.Which of these is saving? (a) more seeds for next time (b) a piggy bank for later (c) buying a second juicer (d) sweets for yourself
  19. 19.Kabir’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.Arjun’s stall made a profit of ₹2000. Arjun saves 50% of it. How many rupees are saved?
  21. 21.Tara’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?
  22. 22.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  28. 28.Aarav’s stall made a profit of ₹1800. Aarav saves 20% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  30. 30.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Ananya’s stall made a profit of ₹1900. Ananya saves 50% of it. How many rupees are saved?
  32. 32.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  33. 33.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Kavya’s stall made a profit of ₹1300. Kavya saves 20% of it. How many rupees are saved?
  36. 36.Diya’s stall made a profit of ₹1700. Diya saves 20% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  39. 39.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) profit put in a bank (d) a cinema ticket
  40. 40.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting

Answer key

  1. 300
  2. more seeds for next time
  3. buying a second juicer
  4. 2
  5. 20
  6. 180
  7. talk to parents
  8. 80
  9. 300
  10. profit put in a bank
  11. 60
  12. spending
  13. saving
  14. can I pay it back?
  15. better paint for cards
  16. for bad days and goals
  17. 1044
  18. a piggy bank for later
  19. 150
  20. 1000
  21. 600
  22. 30
  23. 236
  24. 12
  25. 162
  26. 636
  27. saving
  28. 360
  29. reinvesting
  30. 918
  31. 950
  32. the cost of borrowing
  33. 9
  34. 520
  35. 260
  36. 340
  37. 412
  38. to keep trust
  39. a cinema ticket
  40. reinvesting

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