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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 572 · 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.

NameDateTime takenScore ___ / 40
  1. 1.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  2. 2.Gurpreet’s stall made a profit of ₹1500. 10% is saved, 50% 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 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.💡 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?
  6. 6.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  7. 7.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) better paint for cards (d) a new video game
  8. 8.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.Nisha’s stall made a profit of ₹2000. Nisha saves 25% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  14. 14.Which of these is saving? (a) a new video game (b) more seeds for next time (c) profit put in a bank (d) buying a second juicer
  15. 15.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  16. 16.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a cinema ticket (d) a piggy bank for later
  17. 17.Nisha’s stall made a profit of ₹1600. Nisha saves 50% of it. How many rupees are saved?
  18. 18.Meera’s stall made a profit of ₹1600. Meera saves 10% of it. How many rupees are saved?
  19. 19.Vihaan’s stall made a profit of ₹700. Vihaan saves 10% of it. How many rupees are saved?
  20. 20.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  21. 21.👪 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
  22. 22.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) a piggy bank for later (d) more seeds for next time
  23. 23.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  24. 24.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  25. 25.Nisha’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Rohan’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?
  27. 27.Vihaan’s stall made a profit of ₹200. Vihaan saves 10% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  29. 29.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  30. 30.Aarav’s stall made a profit of ₹2000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Ishaan’s stall made a profit of ₹700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) a piggy bank for later (d) better paint for cards
  36. 36.Kabir’s stall made a profit of ₹300. Kabir saves 20% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. for bad days and goals
  2. 750
  3. 672
  4. 570
  5. can I pay it back?
  6. the cost of borrowing
  7. a new video game
  8. 112
  9. 36
  10. 500
  11. 872
  12. 75
  13. putting profit back in
  14. profit put in a bank
  15. saving
  16. a piggy bank for later
  17. 800
  18. 160
  19. 70
  20. to keep trust
  21. talk to parents
  22. more seeds for next time
  23. reinvesting
  24. spending
  25. 160
  26. 500
  27. 20
  28. saving
  29. saving
  30. 800
  31. 30
  32. 575
  33. 90
  34. 280
  35. a cinema ticket
  36. 60
  37. 112
  38. 24
  39. 120
  40. 18

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