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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 707 · 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 saving? (a) buying a second juicer (b) a new video game (c) a cinema ticket (d) an emergency fund
  2. 2.Saanvi’s stall made a profit of ₹1700. Saanvi saves 10% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
  6. 6.Farhan’s stall made a profit of ₹900. Farhan saves 20% of it. How many rupees are saved?
  7. 7.Nisha’s stall made a profit of ₹1200. Nisha saves 50% of it. How many rupees are saved?
  8. 8.Gurpreet’s stall made a profit of ₹400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Saanvi’s stall made a profit of ₹1700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  11. 11.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  12. 12.Farhan’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 spent?
  13. 13.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  15. 15.Lakshmi’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) a new video game (d) buying a second juicer
  18. 18.Kabir’s stall made a profit of ₹1900. Kabir saves 10% of it. How many rupees are saved?
  19. 19.Zoya’s stall made a profit of ₹1100. Zoya saves 10% of it. How many rupees are saved?
  20. 20.Diya’s stall made a profit of ₹500. Diya saves 25% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) profit put in a bank (d) buying a second juicer
  23. 23.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  24. 24.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) more seeds for next time (d) profit put in a bank
  25. 25.Zoya’s stall made a profit of ₹800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  27. 27.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) buying a second juicer (d) a piggy bank for later
  28. 28.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  29. 29.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  30. 30.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.Diya’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) no reason (d) saving is a loss
  35. 35.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Which of these is reinvesting in the business? (a) better paint for cards (b) a cinema ticket (c) an emergency fund (d) profit put in a bank
  37. 37.Zoya’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  40. 40.Arjun’s stall made a profit of ₹1100. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. an emergency fund
  2. 170
  3. 18
  4. 1040
  5. buying a second juicer
  6. 180
  7. 600
  8. 240
  9. 680
  10. saving
  11. putting profit back in
  12. 160
  13. 81
  14. saving
  15. 100
  16. 440
  17. a new video game
  18. 190
  19. 110
  20. 125
  21. 1060
  22. profit put in a bank
  23. can I pay it back?
  24. a cinema ticket
  25. 320
  26. reinvesting
  27. a piggy bank for later
  28. reinvesting
  29. spending
  30. 212
  31. 306
  32. 54
  33. 950
  34. for bad days and goals
  35. 864
  36. better paint for cards
  37. 240
  38. 8
  39. the cost of borrowing
  40. 440

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