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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 44 · 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.Which of these is saving? (a) profit put in a bank (b) more seeds for next time (c) better paint for cards (d) sweets for yourself
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  3. 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  4. 4.Gurpreet’s stall made a profit of ₹1900. Gurpreet saves 20% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  7. 7.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  8. 8.Dev’s stall made a profit of ₹1300. Dev saves 50% of it. How many rupees are saved?
  9. 9.Tara’s stall made a profit of ₹700. Tara saves 10% of it. How many rupees are saved?
  10. 10.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 ₹)?
  11. 11.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) better paint for cards (d) a piggy bank for later
  12. 12.Arjun’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 spent?
  13. 13.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  16. 16.Tara’s stall made a profit of ₹1500. Tara saves 25% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  18. 18.Nisha’s stall made a profit of ₹800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
  21. 21.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a cinema ticket (d) a piggy bank for later
  23. 23.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  24. 24.Ishaan’s stall made a profit of ₹700. Ishaan saves 20% of it. How many rupees are saved?
  25. 25.Kavya’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  28. 28.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) profit put in a bank (d) sweets for yourself
  29. 29.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.Dev’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Diya’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  38. 38.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  39. 39.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Farhan’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. profit put in a bank
  2. spending
  3. saving
  4. 380
  5. 520
  6. reinvesting
  7. reinvesting
  8. 650
  9. 70
  10. 636
  11. a cinema ticket
  12. 400
  13. 1060
  14. 784
  15. reinvesting
  16. 375
  17. saving
  18. 400
  19. 981
  20. to keep trust
  21. 1300
  22. a piggy bank for later
  23. the cost of borrowing
  24. 140
  25. 160
  26. 12
  27. talk to parents
  28. sweets for yourself
  29. 104
  30. 56
  31. 850
  32. 30
  33. 770
  34. 54
  35. 432
  36. 330
  37. can I pay it back?
  38. for bad days and goals
  39. 204
  40. 360

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