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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 849 · 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.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  3. 3.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  4. 4.Rohan’s stall made a profit of ₹700. Rohan saves 20% of it. How many rupees are saved?
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  6. 6.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  7. 7.Rohan’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?
  8. 8.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) a new video game (d) buying a second juicer
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  10. 10.Dev’s stall made a profit of ₹2000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.Zoya’s stall made a profit of ₹900. Zoya saves 50% of it. How many rupees are saved?
  12. 12.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) a new video game (d) better paint for cards
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  14. 14.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  15. 15.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Which of these is saving? (a) more seeds for next time (b) sweets for yourself (c) a cinema ticket (d) an emergency fund
  17. 17.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
  18. 18.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  19. 19.Diya’s stall made a profit of ₹2000. Diya saves 50% of it. How many rupees are saved?
  20. 20.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) an emergency fund
  21. 21.Ishaan’s stall made a profit of ₹1400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Zoya’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Tara’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  25. 25.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  26. 26.Rohan’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.Meera’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Ishaan’s stall made a profit of ₹1000. Ishaan saves 10% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  32. 32.Gurpreet’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
  34. 34.Kabir’s stall made a profit of ₹300. Kabir saves 10% of it. How many rupees are saved?
  35. 35.Nisha’s stall made a profit of ₹1400. Nisha saves 10% of it. How many rupees are saved?
  36. 36.Kavya’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Which of these is reinvesting in the business? (a) better paint for cards (b) a new video game (c) a piggy bank for later (d) a cinema ticket
  38. 38.Diya’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Zoya’s stall made a profit of ₹1500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Rohan’s stall made a profit of ₹1800. Rohan saves 25% of it. How many rupees are saved?

Answer key

  1. 20
  2. for bad days and goals
  3. 770
  4. 140
  5. spending
  6. reinvesting
  7. 300
  8. buying a second juicer
  9. reinvesting
  10. 800
  11. 450
  12. a new video game
  13. spending
  14. can I pay it back?
  15. 54
  16. an emergency fund
  17. sweets for yourself
  18. putting profit back in
  19. 1000
  20. a cinema ticket
  21. 700
  22. 850
  23. 570
  24. saving
  25. saving
  26. 60
  27. 270
  28. 220
  29. 100
  30. 763
  31. saving
  32. 245
  33. talk to parents
  34. 30
  35. 140
  36. 280
  37. better paint for cards
  38. 60
  39. 675
  40. 450

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