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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 427 · 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 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
  2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  3. 3.Ananya’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) sweets for yourself (d) a cinema ticket
  5. 5.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  9. 9.Nisha’s stall made a profit of ₹1800. Nisha saves 25% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  12. 12.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  13. 13.Saanvi’s stall made a profit of ₹1100. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
  15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  16. 16.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later
  17. 17.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  19. 19.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) sweets for yourself (d) more seeds for next time
  20. 20.Joseph’s stall made a profit of ₹1000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  22. 22.Arjun’s stall made a profit of ₹1900. Arjun saves 10% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.Lakshmi’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?
  26. 26.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) more seeds for next time (d) a new video game
  27. 27.Diya’s stall made a profit of ₹700. Diya saves 25% of it. How many rupees are saved?
  28. 28.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) better paint for cards (d) profit put in a bank
  29. 29.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) more seeds for next time (d) a piggy bank for later
  32. 32.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.Arjun’s stall made a profit of ₹300. Arjun saves 10% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.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 cinema ticket
  36. 36.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  37. 37.Gurpreet’s stall made a profit of ₹1100. Gurpreet saves 10% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money

Answer key

  1. a new video game
  2. reinvesting
  3. 100
  4. profit put in a bank
  5. 1080
  6. 36
  7. putting profit back in
  8. saving
  9. 450
  10. 15
  11. spending
  12. reinvesting
  13. 275
  14. can I pay it back?
  15. spending
  16. for bad days and goals
  17. 140
  18. saving
  19. sweets for yourself
  20. 400
  21. to keep trust
  22. 190
  23. 60
  24. 112
  25. 850
  26. an emergency fund
  27. 175
  28. better paint for cards
  29. 32
  30. 14
  31. more seeds for next time
  32. 36
  33. 30
  34. 40
  35. buying a second juicer
  36. reinvesting
  37. 110
  38. 50
  39. 424
  40. the cost of borrowing

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