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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 676 · 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.Joseph’s stall made a profit of ₹1600. Joseph saves 25% of it. How many rupees are saved?
  2. 2.Saanvi’s stall made a profit of ₹700. Saanvi saves 25% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  4. 4.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) sweets for yourself (d) more seeds for next time
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  8. 8.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  9. 9.Lakshmi’s stall made a profit of ₹1200. Lakshmi saves 50% of it. How many rupees are saved?
  10. 10.👪 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
  11. 11.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later
  12. 12.Riya’s stall made a profit of ₹600. Riya saves 20% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) more seeds for next time
  16. 16.Riya’s stall made a profit of ₹2000. Riya saves 10% of it. How many rupees are saved?
  17. 17.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  18. 18.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  19. 19.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
  20. 20.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  21. 21.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.Riya’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  24. 24.Diya’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?
  25. 25.Zoya’s stall made a profit of ₹1600. Zoya saves 50% of it. How many rupees are saved?
  26. 26.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) a new video game (d) more seeds for next time
  27. 27.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) a piggy bank for later (d) buying a second juicer
  29. 29.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  30. 30.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Aarav’s stall made a profit of ₹1900. Aarav saves 20% of it. How many rupees are saved?
  33. 33.Ishaan’s stall made a profit of ₹1300. Ishaan saves 25% of it. How many rupees are saved?
  34. 34.Kabir’s stall made a profit of ₹800. Kabir saves 25% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  38. 38.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) better paint for cards (d) an emergency fund
  40. 40.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 400
  2. 175
  3. 826
  4. 10
  5. 14
  6. an emergency fund
  7. saving
  8. reinvesting
  9. 600
  10. talk to parents
  11. for bad days and goals
  12. 120
  13. 990
  14. 18
  15. a cinema ticket
  16. 200
  17. putting profit back in
  18. the cost of borrowing
  19. profit put in a bank
  20. reinvesting
  21. 763
  22. 360
  23. spending
  24. 400
  25. 800
  26. a new video game
  27. 545
  28. sweets for yourself
  29. saving
  30. 210
  31. 1040
  32. 380
  33. 325
  34. 200
  35. 1090
  36. 36
  37. can I pay it back?
  38. 968
  39. better paint for cards
  40. 636

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