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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 803 · 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.Vihaan’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) better paint for cards (d) profit put in a bank
  3. 3.Lakshmi’s stall made a profit of ₹1400. Lakshmi saves 10% of it. How many rupees are saved?
  4. 4.Which of these is saving? (a) more seeds for next time (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
  5. 5.Diya’s stall made a profit of ₹1800. Diya saves 50% of it. How many rupees are saved?
  6. 6.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.👪 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
  8. 8.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  10. 10.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) a new video game (d) a piggy bank for later
  11. 11.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  12. 12.Aarav’s stall made a profit of ₹300. Aarav saves 20% of it. How many rupees are saved?
  13. 13.Zoya’s stall made a profit of ₹1500. Zoya saves 25% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  16. 16.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) profit put in a bank (d) a new video game
  17. 17.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  18. 18.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  19. 19.Kavya’s stall made a profit of ₹1200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.Ishaan’s stall made a profit of ₹2000. Ishaan saves 25% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) a piggy bank for later (d) more seeds for next time
  24. 24.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  25. 25.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  27. 27.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) better paint for cards
  29. 29.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) sweets for yourself (d) better paint for cards
  32. 32.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  33. 33.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  34. 34.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) a new video game (d) buying a second juicer
  35. 35.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a new video game (d) better paint for cards
  37. 37.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Riya’s stall made a profit of ₹2000. Riya saves 10% of it. How many rupees are saved?
  39. 39.Kabir’s stall made a profit of ₹400. Kabir saves 50% of it. How many rupees are saved?
  40. 40.Dev’s stall made a profit of ₹600. Dev saves 20% of it. How many rupees are saved?

Answer key

  1. 160
  2. sweets for yourself
  3. 140
  4. profit put in a bank
  5. 900
  6. 20
  7. talk to parents
  8. 72
  9. saving
  10. a piggy bank for later
  11. reinvesting
  12. 60
  13. 375
  14. 16
  15. reinvesting
  16. buying a second juicer
  17. saving
  18. for bad days and goals
  19. 360
  20. 180
  21. 500
  22. 54
  23. more seeds for next time
  24. spending
  25. 872
  26. putting profit back in
  27. 212
  28. a cinema ticket
  29. 64
  30. 214
  31. better paint for cards
  32. spending
  33. the cost of borrowing
  34. an emergency fund
  35. 354
  36. a new video game
  37. 18
  38. 200
  39. 200
  40. 120

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