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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 697 · 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: a cinema ticket? (a) reinvesting (b) spending (c) saving
  2. 2.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  4. 4.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.Which of these is saving? (a) more seeds for next time (b) sweets for yourself (c) better paint for cards (d) an emergency fund
  6. 6.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  7. 7.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) a new video game (d) better paint for cards
  8. 8.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  9. 9.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  10. 10.Nisha’s stall made a profit of ₹1100. Nisha saves 25% 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 interest is due after 2 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  13. 13.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.Arjun’s stall made a profit of ₹1000. Arjun saves 10% of it. How many rupees are saved?
  15. 15.Riya’s stall made a profit of ₹400. Riya saves 50% of it. How many rupees are saved?
  16. 16.Zoya’s stall made a profit of ₹1200. Zoya saves 10% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.Arjun’s stall made a profit of ₹800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  22. 22.Farhan’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  24. 24.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.Which of these is saving? (a) a piggy bank for later (b) better paint for cards (c) sweets for yourself (d) a cinema ticket
  26. 26.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Lakshmi’s stall made a profit of ₹1300. Lakshmi saves 10% of it. How many rupees are saved?
  28. 28.Meera’s stall made a profit of ₹1800. Meera saves 10% of it. How many rupees are saved?
  29. 29.Tara’s stall made a profit of ₹300. Tara saves 50% of it. How many rupees are saved?
  30. 30.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  31. 31.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) buying a second juicer (d) more seeds for next time
  33. 33.Joseph’s stall made a profit of ₹1000. Joseph saves 50% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Kavya’s stall made a profit of ₹300. Kavya saves 50% of it. How many rupees are saved?
  37. 37.Kavya’s stall made a profit of ₹1700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  39. 39.Lakshmi’s stall made a profit of ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) better paint for cards (d) a cinema ticket

Answer key

  1. spending
  2. buying a second juicer
  3. reinvesting
  4. 40
  5. an emergency fund
  6. putting profit back in
  7. a new video game
  8. can I pay it back?
  9. saving
  10. 275
  11. 126
  12. reinvesting
  13. 36
  14. 100
  15. 200
  16. 120
  17. 324
  18. 36
  19. 400
  20. 30
  21. saving
  22. 165
  23. spending
  24. 590
  25. a piggy bank for later
  26. 210
  27. 130
  28. 180
  29. 150
  30. the cost of borrowing
  31. 80
  32. sweets for yourself
  33. 500
  34. 212
  35. 106
  36. 150
  37. 510
  38. reinvesting
  39. 270
  40. a cinema ticket

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