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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 435 · 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 ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  4. 4.Gurpreet’s stall made a profit of ₹1200. Gurpreet saves 50% of it. How many rupees are saved?
  5. 5.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) an emergency fund (d) a piggy bank for later
  6. 6.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  7. 7.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  8. 8.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) more seeds for next time (d) buying a second juicer
  9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  10. 10.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.Diya’s stall made a profit of ₹400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  14. 14.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) better paint for cards (d) a new video game
  15. 15.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) a cinema ticket (d) a piggy bank for later
  16. 16.Tara’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.Joseph’s stall made a profit of ₹1400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  19. 19.Nisha’s stall made a profit of ₹800. Nisha saves 25% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.Which of these is saving? (a) better paint for cards (b) a new video game (c) profit put in a bank (d) more seeds for next time
  22. 22.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  23. 23.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.Joseph’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?
  25. 25.Tara’s stall made a profit of ₹1300. Tara saves 50% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  28. 28.Which of these is spending on yourself? (a) an emergency fund (b) sweets for yourself (c) profit put in a bank (d) a piggy bank for later
  29. 29.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.Tara’s stall made a profit of ₹1500. Tara saves 20% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  32. 32.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  33. 33.Zoya’s stall made a profit of ₹1800. Zoya saves 25% of it. How many rupees are saved?
  34. 34.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  35. 35.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 50% of it. How many rupees are saved?
  36. 36.Rohan’s stall made a profit of ₹400. Rohan saves 20% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Vihaan’s stall made a profit of ₹700. Vihaan saves 50% of it. How many rupees are saved?
  40. 40.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later

Answer key

  1. 24
  2. buying a second juicer
  3. saving
  4. 600
  5. a cinema ticket
  6. the cost of borrowing
  7. can I pay it back?
  8. an emergency fund
  9. spending
  10. 84
  11. 120
  12. 1140
  13. spending
  14. a new video game
  15. more seeds for next time
  16. 245
  17. 560
  18. reinvesting
  19. 200
  20. 1090
  21. profit put in a bank
  22. saving
  23. 32
  24. 180
  25. 650
  26. 160
  27. to keep trust
  28. sweets for yourself
  29. 60
  30. 300
  31. reinvesting
  32. saving
  33. 450
  34. talk to parents
  35. 300
  36. 80
  37. 28
  38. 9
  39. 350
  40. for bad days and goals

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