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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 563 · 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: an emergency fund? (a) spending (b) saving (c) reinvesting
  2. 2.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) sweets for yourself (d) profit put in a bank
  4. 4.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  5. 5.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) a cinema ticket
  7. 7.Diya’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  10. 10.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.Tara’s stall made a profit of ₹1800. Tara saves 50% of it. How many rupees are saved?
  12. 12.Saanvi’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 spent?
  13. 13.Zoya’s stall made a profit of ₹1100. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  15. 15.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  16. 16.Kabir’s stall made a profit of ₹1400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.Rohan’s stall made a profit of ₹600. Rohan saves 20% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  20. 20.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  21. 21.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) better paint for cards
  22. 22.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  23. 23.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 10% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.Joseph’s stall made a profit of ₹1600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Gurpreet’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Tara’s stall made a profit of ₹400. Tara saves 25% of it. How many rupees are saved?
  28. 28.Joseph’s stall made a profit of ₹1600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.👪 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
  30. 30.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  31. 31.Rohan’s stall made a profit of ₹1800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Tara’s stall made a profit of ₹1400. Tara saves 20% of it. How many rupees are saved?
  33. 33.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) an emergency fund (d) a cinema ticket
  34. 34.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  35. 35.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) a new video game (d) a piggy bank for later
  37. 37.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  38. 38.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  39. 39.Farhan’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Diya’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. saving
  2. 1020
  3. profit put in a bank
  4. the cost of borrowing
  5. 60
  6. more seeds for next time
  7. 480
  8. 35
  9. saving
  10. 90
  11. 900
  12. 500
  13. 330
  14. putting profit back in
  15. for bad days and goals
  16. 350
  17. 120
  18. 345
  19. reinvesting
  20. reinvesting
  21. a cinema ticket
  22. spending
  23. 60
  24. 880
  25. 320
  26. 570
  27. 100
  28. 800
  29. talk to parents
  30. spending
  31. 900
  32. 280
  33. an emergency fund
  34. reinvesting
  35. 36
  36. a new video game
  37. saving
  38. to keep trust
  39. 250
  40. 840

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