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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 93 · 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.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  2. 2.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.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 ₹)?
  4. 4.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) more seeds for next time (d) an emergency fund
  5. 5.Dev’s stall made a profit of ₹1500. Dev saves 20% of it. How many rupees are saved?
  6. 6.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) better paint for cards (d) a new video game
  7. 7.Riya’s stall made a profit of ₹1800. Riya saves 50% of it. How many rupees are saved?
  8. 8.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) profit put in a bank (d) more seeds for next time
  9. 9.Which of these is saving? (a) a piggy bank for later (b) more seeds for next time (c) a cinema ticket (d) a new video game
  10. 10.Tara’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.Farhan’s stall made a profit of ₹700. Farhan saves 25% of it. How many rupees are saved?
  12. 12.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  13. 13.Which of these is spending on yourself? (a) a cinema ticket (b) a piggy bank for later (c) better paint for cards (d) an emergency fund
  14. 14.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.🐷 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
  16. 16.Riya’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.Gurpreet’s stall made a profit of ₹1600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  20. 20.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  21. 21.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  23. 23.Dev’s stall made a profit of ₹1400. Dev saves 20% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) more seeds for next time (d) sweets for yourself
  26. 26.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  28. 28.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  29. 29.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  30. 30.Diya’s stall made a profit of ₹200. Diya saves 20% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  32. 32.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  36. 36.Rohan’s stall made a profit of ₹1300. Rohan saves 25% of it. How many rupees are saved?
  37. 37.Rohan’s stall made a profit of ₹800. Rohan saves 50% of it. How many rupees are saved?
  38. 38.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  39. 39.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. spending
  2. 315
  3. 212
  4. more seeds for next time
  5. 300
  6. better paint for cards
  7. 900
  8. profit put in a bank
  9. a piggy bank for later
  10. 1400
  11. 175
  12. saving
  13. a cinema ticket
  14. 90
  15. for bad days and goals
  16. 140
  17. 550
  18. 480
  19. putting profit back in
  20. talk to parents
  21. 18
  22. reinvesting
  23. 280
  24. 635
  25. sweets for yourself
  26. 242
  27. the cost of borrowing
  28. to keep trust
  29. saving
  30. 40
  31. spending
  32. 120
  33. 535
  34. 135
  35. saving
  36. 325
  37. 400
  38. reinvesting
  39. 72
  40. 27

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