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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 711 · 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 small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) to lose friends (d) it does not matter
  3. 3.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) profit put in a bank
  4. 4.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) buying a second juicer (d) better paint for cards
  6. 6.Kabir’s stall made a profit of ₹600. Kabir saves 20% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.Gurpreet’s stall made a profit of ₹1000. Gurpreet saves 20% of it. How many rupees are saved?
  9. 9.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) an emergency fund (d) better paint for cards
  10. 10.Gurpreet’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.Aarav’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.Tara’s stall made a profit of ₹600. Tara saves 10% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  15. 15.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  16. 16.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  18. 18.Kabir’s stall made a profit of ₹2000. Kabir saves 10% of it. How many rupees are saved?
  19. 19.Dev’s stall made a profit of ₹1300. Dev saves 50% of it. How many rupees are saved?
  20. 20.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
  21. 21.Dev’s stall made a profit of ₹1700. Dev saves 50% of it. How many rupees are saved?
  22. 22.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
  23. 23.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.Diya’s stall made a profit of ₹300. Diya saves 25% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  26. 26.Ishaan’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  28. 28.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) profit put in a bank (d) buying a second juicer
  29. 29.Kavya’s stall made a profit of ₹300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  31. 31.Saanvi’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.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 ₹)?
  33. 33.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  35. 35.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  36. 36.Ishaan’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  38. 38.👪 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
  39. 39.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.Ishaan’s stall made a profit of ₹1600. Ishaan saves 10% of it. How many rupees are saved?

Answer key

  1. 20
  2. to keep trust
  3. buying a second juicer
  4. 360
  5. a cinema ticket
  6. 120
  7. 24
  8. 200
  9. sweets for yourself
  10. 1200
  11. 600
  12. 24
  13. 60
  14. spending
  15. spending
  16. 20
  17. the cost of borrowing
  18. 200
  19. 650
  20. can I pay it back?
  21. 850
  22. putting profit back in
  23. 1026
  24. 75
  25. reinvesting
  26. 950
  27. spending
  28. profit put in a bank
  29. 120
  30. saving
  31. 160
  32. 968
  33. 224
  34. reinvesting
  35. for bad days and goals
  36. 700
  37. saving
  38. talk to parents
  39. 118
  40. 160

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