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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 614 · 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: buying a second juicer? (a) reinvesting (b) saving (c) spending
  2. 2.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) sweets for yourself (d) more seeds for next time
  3. 3.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  5. 5.Riya’s stall made a profit of ₹1000. 25% 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 ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  8. 8.Vihaan’s stall made a profit of ₹1300. Vihaan saves 20% of it. How many rupees are saved?
  9. 9.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  10. 10.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) more seeds for next time (d) an emergency fund
  12. 12.Which of these is reinvesting in the business? (a) sweets for yourself (b) buying a second juicer (c) profit put in a bank (d) a piggy bank for later
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  14. 14.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) sweets for yourself
  15. 15.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  16. 16.Diya’s stall made a profit of ₹400. Diya saves 10% of it. How many rupees are saved?
  17. 17.Kabir’s stall made a profit of ₹1900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  19. 19.Nisha’s stall made a profit of ₹1400. Nisha saves 10% of it. How many rupees are saved?
  20. 20.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
  21. 21.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  23. 23.Rohan’s stall made a profit of ₹200. Rohan saves 20% 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) reinvesting (c) spending
  26. 26.Nisha’s stall made a profit of ₹2000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Riya’s stall made a profit of ₹1900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Which of these is spending on yourself? (a) buying a second juicer (b) a new video game (c) better paint for cards (d) more seeds for next time
  29. 29.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  31. 31.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) sweets for yourself (d) better paint for cards
  33. 33.Nisha’s stall made a profit of ₹1400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Ishaan’s stall made a profit of ₹1100. Ishaan saves 25% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  37. 37.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.Rohan’s stall made a profit of ₹1600. Rohan saves 25% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. reinvesting
  2. sweets for yourself
  3. 90
  4. saving
  5. 300
  6. 780
  7. reinvesting
  8. 260
  9. to keep trust
  10. 180
  11. more seeds for next time
  12. buying a second juicer
  13. saving
  14. an emergency fund
  15. the cost of borrowing
  16. 40
  17. 855
  18. 20
  19. 140
  20. putting profit back in
  21. 30
  22. spending
  23. 40
  24. 889
  25. spending
  26. 1000
  27. 380
  28. a new video game
  29. 160
  30. for bad days and goals
  31. 121
  32. a piggy bank for later
  33. 280
  34. 275
  35. 126
  36. saving
  37. 981
  38. 24
  39. 400
  40. 660

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