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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 897 · 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) sweets for yourself (b) an emergency fund (c) a cinema ticket (d) better paint for cards
  2. 2.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
  3. 3.Diya’s stall made a profit of ₹700. Diya saves 20% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  6. 6.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.Which of these is saving? (a) more seeds for next time (b) sweets for yourself (c) a piggy bank for later (d) a cinema ticket
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  9. 9.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) profit put in a bank (d) a piggy bank for later
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  11. 11.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  13. 13.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  14. 14.Ananya’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.Nisha’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  17. 17.Ananya’s stall made a profit of ₹800. Ananya saves 25% of it. How many rupees are saved?
  18. 18.Ananya’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 spent?
  19. 19.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  20. 20.Gurpreet’s stall made a profit of ₹1400. Gurpreet saves 10% of it. How many rupees are saved?
  21. 21.Lakshmi’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.Farhan’s stall made a profit of ₹700. Farhan saves 50% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.Kabir’s stall made a profit of ₹1800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Riya’s stall made a profit of ₹500. Riya saves 50% of it. How many rupees are saved?
  26. 26.Farhan’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  28. 28.Dev’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Dev’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?
  31. 31.Which of these is saving? (a) a new video game (b) an emergency fund (c) buying a second juicer (d) better paint for cards
  32. 32.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.Which of these is saving? (a) profit put in a bank (b) more seeds for next time (c) better paint for cards (d) a new video game
  34. 34.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  38. 38.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Meera’s stall made a profit of ₹700. Meera saves 10% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting

Answer key

  1. better paint for cards
  2. can I pay it back?
  3. 140
  4. 1120
  5. the cost of borrowing
  6. 48
  7. a piggy bank for later
  8. saving
  9. buying a second juicer
  10. saving
  11. 36
  12. spending
  13. putting profit back in
  14. 180
  15. 300
  16. reinvesting
  17. 200
  18. 700
  19. reinvesting
  20. 140
  21. 200
  22. 350
  23. 742
  24. 1080
  25. 250
  26. 225
  27. to keep trust
  28. 90
  29. 72
  30. 570
  31. an emergency fund
  32. 240
  33. profit put in a bank
  34. 72
  35. 112
  36. 6
  37. talk to parents
  38. 1008
  39. 70
  40. saving

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