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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 965 · 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.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  2. 2.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.💡 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
  4. 4.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
  5. 5.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  7. 7.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  8. 8.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  11. 11.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) profit put in a bank (d) a cinema ticket
  12. 12.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.Dev’s stall made a profit of ₹200. Dev saves 50% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  15. 15.Vihaan’s stall made a profit of ₹2000. Vihaan saves 50% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.Which of these is saving? (a) a cinema ticket (b) a new video game (c) buying a second juicer (d) a piggy bank for later
  18. 18.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  20. 20.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.Vihaan’s stall made a profit of ₹1200. Vihaan saves 25% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹700 from a bank at 9% 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) saving (b) spending (c) reinvesting
  26. 26.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  28. 28.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) a new video game (d) profit put in a bank
  29. 29.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) more seeds for next time (d) better paint for cards
  30. 30.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) a piggy bank for later (d) buying a second juicer
  31. 31.Meera’s stall made a profit of ₹900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Lakshmi’s stall made a profit of ₹1000. Lakshmi saves 10% of it. How many rupees are saved?
  33. 33.Zoya’s stall made a profit of ₹200. Zoya saves 50% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  35. 35.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) sweets for yourself (d) more seeds for next time
  36. 36.Ananya’s stall made a profit of ₹1200. Ananya saves 10% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  39. 39.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) buying a second juicer (d) sweets for yourself
  40. 40.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. putting profit back in
  2. 936
  3. can I pay it back?
  4. an emergency fund
  5. reinvesting
  6. saving
  7. reinvesting
  8. 49
  9. 12
  10. 1035
  11. a cinema ticket
  12. 972
  13. 100
  14. saving
  15. 1000
  16. 108
  17. a piggy bank for later
  18. 240
  19. talk to parents
  20. 6
  21. 25
  22. 90
  23. 300
  24. 889
  25. spending
  26. 20
  27. spending
  28. a new video game
  29. profit put in a bank
  30. buying a second juicer
  31. 270
  32. 100
  33. 100
  34. saving
  35. more seeds for next time
  36. 120
  37. 60
  38. spending
  39. sweets for yourself
  40. 90

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