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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 76 · 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 reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) better paint for cards (d) profit put in a bank
  2. 2.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  4. 4.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) an emergency fund (d) buying a second juicer
  6. 6.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  7. 7.Kabir’s stall made a profit of ₹500. Kabir saves 50% of it. How many rupees are saved?
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  9. 9.🐷 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
  10. 10.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) more seeds for next time
  11. 11.Zoya’s stall made a profit of ₹1100. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) a piggy bank for later (d) a new video game
  13. 13.Zoya’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  16. 16.Vihaan’s stall made a profit of ₹700. Vihaan saves 25% of it. How many rupees are saved?
  17. 17.Tara’s stall made a profit of ₹1500. Tara saves 50% of it. How many rupees are saved?
  18. 18.Kabir’s stall made a profit of ₹800. Kabir saves 10% of it. How many rupees are saved?
  19. 19.Ananya’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Ananya’s stall made a profit of ₹300. Ananya saves 20% of it. How many rupees are saved?
  21. 21.Arjun’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.Meera’s stall made a profit of ₹1400. Meera saves 10% of it. How many rupees are saved?
  24. 24.Aarav’s stall made a profit of ₹300. Aarav saves 50% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  27. 27.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Diya’s stall made a profit of ₹600. Diya saves 10% of it. How many rupees are saved?
  29. 29.Meera’s stall made a profit of ₹1700. Meera saves 10% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  32. 32.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  33. 33.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  34. 34.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  37. 37.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 20% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Aarav’s stall made a profit of ₹1700. Aarav saves 25% of it. How many rupees are saved?
  40. 40.Riya’s stall made a profit of ₹300. Riya saves 50% of it. How many rupees are saved?

Answer key

  1. better paint for cards
  2. 150
  3. saving
  4. 9
  5. an emergency fund
  6. the cost of borrowing
  7. 250
  8. talk to parents
  9. for bad days and goals
  10. a cinema ticket
  11. 770
  12. a new video game
  13. 330
  14. 336
  15. to keep trust
  16. 175
  17. 750
  18. 80
  19. 150
  20. 60
  21. 300
  22. 180
  23. 140
  24. 150
  25. 14
  26. saving
  27. 690
  28. 60
  29. 170
  30. 6
  31. spending
  32. putting profit back in
  33. saving
  34. 1080
  35. 40
  36. reinvesting
  37. 100
  38. 8
  39. 425
  40. 150

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