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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 984 · 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.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  3. 3.Lakshmi’s stall made a profit of ₹1900. Lakshmi saves 25% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  5. 5.Aarav’s stall made a profit of ₹400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.Gurpreet’s stall made a profit of ₹1100. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  8. 8.Rohan’s stall made a profit of ₹500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) profit put in a bank (d) more seeds for next time
  10. 10.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.Farhan’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  13. 13.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  14. 14.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
  15. 15.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  17. 17.Gurpreet’s stall made a profit of ₹1400. Gurpreet saves 50% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Arjun’s stall made a profit of ₹1300. Arjun saves 50% of it. How many rupees are saved?
  20. 20.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) more seeds for next time (d) sweets for yourself
  21. 21.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  22. 22.Ananya’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?
  23. 23.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  26. 26.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  27. 27.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) better paint for cards (d) more seeds for next time
  28. 28.Dev’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 reinvested?
  29. 29.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Saanvi’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Tara’s stall made a profit of ₹1700. Tara saves 50% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Farhan’s stall made a profit of ₹1700. Farhan saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) a cinema ticket (d) better paint for cards
  37. 37.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  38. 38.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  40. 40.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. the cost of borrowing
  2. saving
  3. 475
  4. reinvesting
  5. 120
  6. 330
  7. to keep trust
  8. 150
  9. a new video game
  10. 54
  11. 210
  12. reinvesting
  13. saving
  14. can I pay it back?
  15. 162
  16. spending
  17. 700
  18. 920
  19. 650
  20. sweets for yourself
  21. talk to parents
  22. 60
  23. 90
  24. 180
  25. saving
  26. putting profit back in
  27. a piggy bank for later
  28. 850
  29. 98
  30. 580
  31. 250
  32. 850
  33. 30
  34. 170
  35. 12
  36. better paint for cards
  37. spending
  38. 20
  39. spending
  40. 16

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