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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 672 · 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.👪 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
  2. 2.Diya’s stall made a profit of ₹900. Diya saves 10% of it. How many rupees are saved?
  3. 3.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  4. 4.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) better paint for cards (d) sweets for yourself
  5. 5.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  6. 6.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  7. 7.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  8. 8.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) a cinema ticket (d) more seeds for next time
  10. 10.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) profit put in a bank (d) more seeds for next time
  11. 11.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) buying a second juicer (d) an emergency fund
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  13. 13.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 50% of it. How many rupees are saved?
  16. 16.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) an emergency fund (d) a piggy bank for later
  17. 17.Gurpreet’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  19. 19.Zoya’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
  21. 21.Saanvi’s stall made a profit of ₹400. Saanvi saves 10% of it. How many rupees are saved?
  22. 22.Zoya’s stall made a profit of ₹1500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  25. 25.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  27. 27.Lakshmi’s stall made a profit of ₹900. Lakshmi saves 20% of it. How many rupees are saved?
  28. 28.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 ₹)?
  29. 29.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.Farhan’s stall made a profit of ₹1800. Farhan saves 10% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  32. 32.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Riya’s stall made a profit of ₹1200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Vihaan’s stall made a profit of ₹1400. Vihaan saves 10% of it. How many rupees are saved?
  37. 37.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  38. 38.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Zoya’s stall made a profit of ₹800. Zoya saves 10% of it. How many rupees are saved?
  40. 40.Ananya’s stall made a profit of ₹1500. Ananya saves 20% of it. How many rupees are saved?

Answer key

  1. talk to parents
  2. 90
  3. putting profit back in
  4. profit put in a bank
  5. reinvesting
  6. better paint for cards
  7. 636
  8. 16
  9. a cinema ticket
  10. more seeds for next time
  11. buying a second juicer
  12. saving
  13. 150
  14. 24
  15. 300
  16. a new video game
  17. 180
  18. to keep trust
  19. 520
  20. can I pay it back?
  21. 40
  22. 750
  23. 484
  24. reinvesting
  25. 7
  26. saving
  27. 180
  28. 672
  29. 749
  30. 180
  31. spending
  32. 480
  33. 30
  34. 360
  35. 306
  36. 140
  37. spending
  38. 327
  39. 80
  40. 300

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