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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 819 · 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.Lakshmi’s stall made a profit of ₹1400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  4. 4.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  6. 6.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) buying a second juicer (d) an emergency fund
  7. 7.Arjun’s stall made a profit of ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  9. 9.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) a cinema ticket (d) a piggy bank for later
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  11. 11.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  12. 12.Rohan’s stall made a profit of ₹800. Rohan saves 25% of it. How many rupees are saved?
  13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  14. 14.Farhan’s stall made a profit of ₹1200. Farhan saves 10% of it. How many rupees are saved?
  15. 15.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  16. 16.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) better paint for cards (d) a piggy bank for later
  17. 17.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
  18. 18.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  20. 20.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  21. 21.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  24. 24.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  26. 26.Lakshmi’s stall made a profit of ₹1100. Lakshmi saves 25% of it. How many rupees are saved?
  27. 27.Which of these is spending on yourself? (a) profit put in a bank (b) sweets for yourself (c) a piggy bank for later (d) an emergency fund
  28. 28.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) to pay more interest (d) it does not matter
  29. 29.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.Meera’s stall made a profit of ₹1500. Meera saves 25% of it. How many rupees are saved?
  32. 32.Which of these is saving? (a) buying a second juicer (b) a new video game (c) a cinema ticket (d) a piggy bank for later
  33. 33.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) profit put in a bank (d) a new video game
  34. 34.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  35. 35.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  37. 37.Joseph’s stall made a profit of ₹1000. Joseph saves 20% of it. How many rupees are saved?
  38. 38.Riya’s stall made a profit of ₹600. Riya saves 20% of it. How many rupees are saved?
  39. 39.Kavya’s stall made a profit of ₹1000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) a piggy bank for later (d) more seeds for next time

Answer key

  1. 420
  2. 28
  3. reinvesting
  4. 580
  5. reinvesting
  6. buying a second juicer
  7. 390
  8. talk to parents
  9. a cinema ticket
  10. saving
  11. saving
  12. 200
  13. spending
  14. 120
  15. the cost of borrowing
  16. better paint for cards
  17. an emergency fund
  18. 21
  19. saving
  20. can I pay it back?
  21. 8
  22. 963
  23. spending
  24. 896
  25. spending
  26. 275
  27. sweets for yourself
  28. to keep trust
  29. 530
  30. 300
  31. 375
  32. a piggy bank for later
  33. profit put in a bank
  34. reinvesting
  35. 708
  36. for bad days and goals
  37. 200
  38. 120
  39. 300
  40. more seeds for next time

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