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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 559 · 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.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  2. 2.Zoya’s stall made a profit of ₹1900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) a piggy bank for later (d) a new video game
  5. 5.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) more seeds for next time (d) better paint for cards
  8. 8.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  9. 9.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  10. 10.Rohan’s stall made a profit of ₹300. Rohan saves 20% of it. How many rupees are saved?
  11. 11.Ananya’s stall made a profit of ₹300. 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 ₹400 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.Kabir’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?
  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.Diya’s stall made a profit of ₹800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Tara’s stall made a profit of ₹1100. Tara saves 50% of it. How many rupees are saved?
  17. 17.Kabir’s stall made a profit of ₹1000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Arjun’s stall made a profit of ₹400. Arjun saves 10% of it. How many rupees are saved?
  19. 19.Tara’s stall made a profit of ₹800. Tara saves 25% of it. How many rupees are saved?
  20. 20.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) a cinema ticket (d) profit put in a bank
  21. 21.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
  22. 22.Zoya’s stall made a profit of ₹900. Zoya saves 25% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  24. 24.Nisha’s stall made a profit of ₹1400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) an emergency fund (d) sweets for yourself
  27. 27.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  28. 28.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  29. 29.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  30. 30.Riya’s stall made a profit of ₹1200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) profit put in a bank (d) a new video game
  32. 32.Tara’s stall made a profit of ₹1100. Tara saves 25% of it. How many rupees are saved?
  33. 33.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) buying a second juicer (d) a piggy bank for later
  34. 34.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) buying a second juicer (d) sweets for yourself
  35. 35.Arjun’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  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.Meera’s stall made a profit of ₹800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Dev’s stall made a profit of ₹1300. Dev saves 25% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. reinvesting
  2. 760
  3. 36
  4. a piggy bank for later
  5. 90
  6. 530
  7. an emergency fund
  8. spending
  9. to keep trust
  10. 60
  11. 90
  12. 12
  13. 240
  14. can I pay it back?
  15. 400
  16. 550
  17. 400
  18. 40
  19. 200
  20. better paint for cards
  21. talk to parents
  22. 225
  23. reinvesting
  24. 630
  25. 336
  26. more seeds for next time
  27. the cost of borrowing
  28. saving
  29. for bad days and goals
  30. 240
  31. a new video game
  32. 275
  33. buying a second juicer
  34. sweets for yourself
  35. 40
  36. 1090
  37. 28
  38. 240
  39. 325
  40. 936

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