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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 699 · 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: profit put in a bank? (a) saving (b) spending (c) reinvesting
  2. 2.Dev’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.💡 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?
  4. 4.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  5. 5.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  6. 6.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  7. 7.Lakshmi’s stall made a profit of ₹1200. Lakshmi saves 10% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) more seeds for next time (d) a piggy bank for later
  10. 10.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  11. 11.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.Meera’s stall made a profit of ₹1000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) a new video game (d) profit put in a bank
  14. 14.Farhan’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Tara’s stall made a profit of ₹1400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) sweets for yourself (d) a cinema ticket
  21. 21.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  22. 22.Riya’s stall made a profit of ₹900. Riya saves 25% of it. How many rupees are saved?
  23. 23.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) more seeds for next time (d) better paint for cards
  24. 24.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) more seeds for next time
  25. 25.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  26. 26.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.Kabir’s stall made a profit of ₹1400. Kabir saves 50% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  29. 29.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.Saanvi’s stall made a profit of ₹800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Joseph’s stall made a profit of ₹2000. Joseph saves 25% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Meera’s stall made a profit of ₹1900. Meera saves 50% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹900 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 ₹400 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  38. 38.Zoya’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  40. 40.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) a cinema ticket (d) an emergency fund

Answer key

  1. saving
  2. 560
  3. can I pay it back?
  4. putting profit back in
  5. spending
  6. saving
  7. 120
  8. 128
  9. a cinema ticket
  10. for bad days and goals
  11. 32
  12. 350
  13. a new video game
  14. 175
  15. 60
  16. 56
  17. 700
  18. 600
  19. 75
  20. more seeds for next time
  21. spending
  22. 225
  23. a piggy bank for later
  24. profit put in a bank
  25. to keep trust
  26. 216
  27. 700
  28. spending
  29. 945
  30. 480
  31. 500
  32. 60
  33. 60
  34. 950
  35. 936
  36. 84
  37. reinvesting
  38. 200
  39. the cost of borrowing
  40. better paint for cards

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