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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 488 · 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 ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  3. 3.Saanvi’s stall made a profit of ₹300. Saanvi saves 50% of it. How many rupees are saved?
  4. 4.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) a cinema ticket (d) an emergency fund
  5. 5.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
  7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  8. 8.Which of these is saving? (a) a new video game (b) an emergency fund (c) better paint for cards (d) sweets for yourself
  9. 9.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) better paint for cards (d) profit put in a bank
  10. 10.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  11. 11.Which of these is saving? (a) better paint for cards (b) a new video game (c) a cinema ticket (d) profit put in a bank
  12. 12.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  13. 13.Kabir’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Diya’s stall made a profit of ₹500. Diya saves 10% of it. How many rupees are saved?
  15. 15.Farhan’s stall made a profit of ₹1000. Farhan saves 10% of it. How many rupees are saved?
  16. 16.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  17. 17.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  18. 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  19. 19.Lakshmi’s stall made a profit of ₹1300. Lakshmi saves 20% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  23. 23.Ananya’s stall made a profit of ₹1400. Ananya saves 20% of it. How many rupees are saved?
  24. 24.Kabir’s stall made a profit of ₹900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.Vihaan’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  28. 28.Saanvi’s stall made a profit of ₹600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Riya’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  32. 32.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.Vihaan’s stall made a profit of ₹1600. Vihaan saves 10% of it. How many rupees are saved?
  34. 34.Arjun’s stall made a profit of ₹1900. Arjun saves 25% of it. How many rupees are saved?
  35. 35.Which of these is reinvesting in the business? (a) sweets for yourself (b) buying a second juicer (c) an emergency fund (d) a new video game
  36. 36.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Diya’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Farhan’s stall made a profit of ₹1900. Farhan saves 50% of it. How many rupees are saved?
  40. 40.Joseph’s stall made a profit of ₹1100. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 590
  2. for bad days and goals
  3. 150
  4. a cinema ticket
  5. putting profit back in
  6. talk to parents
  7. reinvesting
  8. an emergency fund
  9. better paint for cards
  10. reinvesting
  11. profit put in a bank
  12. can I pay it back?
  13. 600
  14. 50
  15. 100
  16. saving
  17. saving
  18. reinvesting
  19. 260
  20. 440
  21. 460
  22. saving
  23. 280
  24. 450
  25. 20
  26. 550
  27. to keep trust
  28. 240
  29. 216
  30. 630
  31. the cost of borrowing
  32. 50
  33. 160
  34. 475
  35. buying a second juicer
  36. 32
  37. 90
  38. 16
  39. 950
  40. 330

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