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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 492 · 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.Joseph’s stall made a profit of ₹1900. Joseph saves 20% of it. How many rupees are saved?
  2. 2.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  3. 3.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  4. 4.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) buying a second juicer (d) better paint for cards
  6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  7. 7.Dev’s stall made a profit of ₹1900. Dev saves 10% of it. How many rupees are saved?
  8. 8.Kabir’s stall made a profit of ₹700. Kabir saves 10% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  11. 11.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  12. 12.Kabir’s stall made a profit of ₹1300. Kabir saves 25% of it. How many rupees are saved?
  13. 13.Which of these is saving? (a) a new video game (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  14. 14.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) sweets for yourself
  16. 16.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  17. 17.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  18. 18.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  19. 19.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  20. 20.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.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 ₹)?
  22. 22.Diya’s stall made a profit of ₹800. Diya saves 10% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Nisha’s stall made a profit of ₹600. Nisha saves 10% of it. How many rupees are saved?
  25. 25.Ananya’s stall made a profit of ₹1200. Ananya saves 10% of it. How many rupees are saved?
  26. 26.Vihaan’s stall made a profit of ₹1400. Vihaan saves 25% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  28. 28.Arjun’s stall made a profit of ₹1300. Arjun saves 10% of it. How many rupees are saved?
  29. 29.Gurpreet’s stall made a profit of ₹1800. Gurpreet saves 10% of it. How many rupees are saved?
  30. 30.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  31. 31.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  32. 32.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) an emergency fund
  33. 33.Saanvi’s stall made a profit of ₹1500. Saanvi saves 50% of it. How many rupees are saved?
  34. 34.Ishaan’s stall made a profit of ₹300. Ishaan saves 10% of it. How many rupees are saved?
  35. 35.Aarav’s stall made a profit of ₹1700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  37. 37.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  38. 38.Saanvi’s stall made a profit of ₹700. Saanvi saves 25% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.Saanvi’s stall made a profit of ₹1600. Saanvi saves 25% of it. How many rupees are saved?

Answer key

  1. 380
  2. the cost of borrowing
  3. reinvesting
  4. 309
  5. an emergency fund
  6. spending
  7. 190
  8. 70
  9. 550
  10. spending
  11. putting profit back in
  12. 325
  13. profit put in a bank
  14. 1035
  15. a piggy bank for later
  16. to keep trust
  17. saving
  18. a cinema ticket
  19. saving
  20. 98
  21. 612
  22. 80
  23. 105
  24. 60
  25. 120
  26. 350
  27. reinvesting
  28. 130
  29. 180
  30. talk to parents
  31. can I pay it back?
  32. a new video game
  33. 750
  34. 30
  35. 680
  36. spending
  37. saving
  38. 175
  39. 90
  40. 400

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