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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 569 · 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.Farhan’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  3. 3.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  4. 4.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  6. 6.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  8. 8.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Kabir’s stall made a profit of ₹400. Kabir saves 10% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.Saanvi’s stall made a profit of ₹200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.Tara’s stall made a profit of ₹2000. Tara saves 25% of it. How many rupees are saved?
  13. 13.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  14. 14.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  15. 15.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) a new video game (d) profit put in a bank
  16. 16.Kabir’s stall made a profit of ₹600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  18. 18.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.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 ₹)?
  20. 20.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  21. 21.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
  23. 23.Vihaan’s stall made a profit of ₹1700. Vihaan saves 50% of it. How many rupees are saved?
  24. 24.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  25. 25.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.Aarav’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  29. 29.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Arjun’s stall made a profit of ₹300. Arjun saves 20% of it. How many rupees are saved?
  33. 33.Kabir’s stall made a profit of ₹1600. Kabir saves 25% of it. How many rupees are saved?
  34. 34.Arjun’s stall made a profit of ₹1100. Arjun saves 50% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  38. 38.Lakshmi’s stall made a profit of ₹1300. Lakshmi saves 50% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 640
  2. for bad days and goals
  3. the cost of borrowing
  4. talk to parents
  5. spending
  6. 106
  7. reinvesting
  8. 64
  9. 40
  10. 436
  11. 60
  12. 500
  13. reinvesting
  14. can I pay it back?
  15. profit put in a bank
  16. 240
  17. saving
  18. 18
  19. 770
  20. reinvesting
  21. 21
  22. an emergency fund
  23. 850
  24. saving
  25. 918
  26. 48
  27. 240
  28. to keep trust
  29. 805
  30. 660
  31. 36
  32. 60
  33. 400
  34. 550
  35. 330
  36. 28
  37. spending
  38. 650
  39. 312
  40. 35

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