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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 995 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Ananya’s stall made a profit of ₹800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Gurpreet’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) more seeds for next time
  4. 4.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  6. 6.Ananya’s stall made a profit of ₹1900. Ananya saves 25% of it. How many rupees are saved?
  7. 7.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) an emergency fund (d) sweets for yourself
  8. 8.Farhan’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.Saanvi’s stall made a profit of ₹1500. Saanvi saves 50% of it. How many rupees are saved?
  11. 11.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 ₹)?
  12. 12.Arjun’s stall made a profit of ₹1500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.Tara’s stall made a profit of ₹200. Tara saves 20% of it. How many rupees are saved?
  15. 15.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) a piggy bank for later (d) profit put in a bank
  16. 16.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  18. 18.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  19. 19.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  20. 20.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  21. 21.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  22. 22.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  23. 23.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) ask strangers (d) take it secretly
  25. 25.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) no reason (d) to waste it later
  26. 26.Kabir’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) more seeds for next time (d) profit put in a bank
  28. 28.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹400 from a bank at 5% 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 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  33. 33.Rohan’s stall made a profit of ₹1300. Rohan saves 10% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  35. 35.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Dev’s stall made a profit of ₹700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?

Answer key

  1. 160
  2. 180
  3. profit put in a bank
  4. 72
  5. saving
  6. 475
  7. sweets for yourself
  8. 480
  9. 848
  10. 750
  11. 889
  12. 600
  13. 21
  14. 40
  15. better paint for cards
  16. putting profit back in
  17. spending
  18. the cost of borrowing
  19. saving
  20. to keep trust
  21. spending
  22. reinvesting
  23. 36
  24. talk to parents
  25. for bad days and goals
  26. 200
  27. more seeds for next time
  28. 18
  29. 40
  30. 510
  31. 64
  32. reinvesting
  33. 130
  34. spending
  35. 208
  36. 756
  37. 50
  38. 210
  39. 180
  40. can I pay it back?

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