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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 84 · 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) more seeds for next time (c) a piggy bank for later (d) a cinema ticket
  2. 2.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) more seeds for next time (d) an emergency fund
  3. 3.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) more seeds for next time (d) a new video game
  4. 4.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  6. 6.Diya’s stall made a profit of ₹1000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.Farhan’s stall made a profit of ₹1700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Dev’s stall made a profit of ₹1600. Dev saves 20% of it. How many rupees are saved?
  10. 10.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) an emergency fund (d) a piggy bank for later
  11. 11.Which of these is reinvesting in the business? (a) an emergency fund (b) more seeds for next time (c) a new video game (d) a piggy bank for later
  12. 12.Dev’s stall made a profit of ₹200. Dev saves 10% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) better paint for cards (d) sweets for yourself
  15. 15.Rohan’s stall made a profit of ₹1000. Rohan saves 10% of it. How many rupees are saved?
  16. 16.💡 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
  17. 17.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  19. 19.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  20. 20.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  21. 21.Arjun’s stall made a profit of ₹1800. Arjun saves 10% of it. How many rupees are saved?
  22. 22.Vihaan’s stall made a profit of ₹200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Kavya’s stall made a profit of ₹800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) a piggy bank for later (d) better paint for cards
  25. 25.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Vihaan’s stall made a profit of ₹200. Vihaan saves 50% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  30. 30.Diya’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.Rohan’s stall made a profit of ₹700. Rohan saves 25% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  34. 34.Saanvi’s stall made a profit of ₹1200. Saanvi saves 20% of it. How many rupees are saved?
  35. 35.Joseph’s stall made a profit of ₹1000. Joseph saves 25% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  38. 38.Diya’s stall made a profit of ₹1500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Joseph’s stall made a profit of ₹1400. Joseph saves 50% of it. How many rupees are saved?
  40. 40.Diya’s stall made a profit of ₹1500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. a cinema ticket
  2. a new video game
  3. profit put in a bank
  4. 84
  5. talk to parents
  6. 400
  7. 40
  8. 425
  9. 320
  10. buying a second juicer
  11. more seeds for next time
  12. 20
  13. 40
  14. sweets for yourself
  15. 100
  16. can I pay it back?
  17. 432
  18. spending
  19. the cost of borrowing
  20. saving
  21. 180
  22. 100
  23. 160
  24. a piggy bank for later
  25. 1180
  26. 100
  27. 600
  28. 6
  29. spending
  30. 550
  31. 720
  32. 175
  33. reinvesting
  34. 240
  35. 250
  36. 540
  37. to keep trust
  38. 450
  39. 700
  40. 450

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