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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 749 · 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.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) sweets for yourself (d) more seeds for next time
  2. 2.Which of these is spending on yourself? (a) a cinema ticket (b) a piggy bank for later (c) an emergency fund (d) profit put in a bank
  3. 3.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  4. 4.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) an emergency fund (d) a new video game
  5. 5.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  7. 7.Kavya’s stall made a profit of ₹1500. Kavya saves 20% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  9. 9.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  11. 11.Arjun’s stall made a profit of ₹1300. Arjun saves 10% of it. How many rupees are saved?
  12. 12.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 20% of it. How many rupees are saved?
  13. 13.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  14. 14.Aarav’s stall made a profit of ₹200. Aarav saves 10% of it. How many rupees are saved?
  15. 15.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  16. 16.Which of these is reinvesting in the business? (a) more seeds for next time (b) a cinema ticket (c) profit put in a bank (d) a new video game
  17. 17.Dev’s stall made a profit of ₹1800. Dev saves 20% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  19. 19.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  20. 20.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) a piggy bank for later (d) an emergency fund
  21. 21.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) a cinema ticket (d) buying a second juicer
  22. 22.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 ₹)?
  23. 23.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  24. 24.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  25. 25.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  26. 26.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  27. 27.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) a cinema ticket (d) more seeds for next time
  28. 28.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Kabir’s stall made a profit of ₹1800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Saanvi’s stall made a profit of ₹800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  32. 32.Ishaan’s stall made a profit of ₹400. Ishaan saves 50% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.Riya’s stall made a profit of ₹800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.Arjun’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Kavya’s stall made a profit of ₹900. Kavya saves 20% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. sweets for yourself
  2. a cinema ticket
  3. to keep trust
  4. a new video game
  5. 28
  6. reinvesting
  7. 300
  8. spending
  9. 416
  10. putting profit back in
  11. 130
  12. 100
  13. talk to parents
  14. 20
  15. reinvesting
  16. more seeds for next time
  17. 360
  18. 12
  19. the cost of borrowing
  20. buying a second juicer
  21. an emergency fund
  22. 968
  23. for bad days and goals
  24. can I pay it back?
  25. saving
  26. saving
  27. profit put in a bank
  28. 530
  29. 720
  30. 320
  31. spending
  32. 200
  33. 40
  34. 320
  35. 1040
  36. 696
  37. 360
  38. 180
  39. 372
  40. 605

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