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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 759 · 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 new video game? (a) reinvesting (b) saving (c) spending
  2. 2.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) a cinema ticket (d) better paint for cards
  3. 3.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 ₹)?
  4. 4.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  5. 5.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  6. 6.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) a cinema ticket (d) profit put in a bank
  8. 8.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  9. 9.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  10. 10.Kabir’s stall made a profit of ₹1400. Kabir saves 25% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  14. 14.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
  15. 15.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  17. 17.Which of these is reinvesting in the business? (a) a cinema ticket (b) more seeds for next time (c) an emergency fund (d) a new video game
  18. 18.Meera’s stall made a profit of ₹1400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  21. 21.Saanvi’s stall made a profit of ₹1500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  23. 23.Kavya’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.Riya’s stall made a profit of ₹700. Riya saves 10% of it. How many rupees are saved?
  25. 25.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) a new video game (d) profit put in a bank
  26. 26.Saanvi’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Farhan’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  30. 30.Ishaan’s stall made a profit of ₹300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Tara’s stall made a profit of ₹700. Tara saves 25% of it. How many rupees are saved?
  33. 33.Kavya’s stall made a profit of ₹1000. Kavya saves 50% of it. How many rupees are saved?
  34. 34.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  35. 35.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  36. 36.Aarav’s stall made a profit of ₹1000. Aarav saves 10% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  39. 39.Rohan’s stall made a profit of ₹1200. Rohan saves 25% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. spending
  2. a piggy bank for later
  3. 106
  4. spending
  5. talk to parents
  6. 107
  7. profit put in a bank
  8. putting profit back in
  9. saving
  10. 350
  11. 1270
  12. 12
  13. saving
  14. a cinema ticket
  15. 224
  16. the cost of borrowing
  17. more seeds for next time
  18. 280
  19. 12
  20. reinvesting
  21. 600
  22. can I pay it back?
  23. 1400
  24. 70
  25. a new video game
  26. 840
  27. 250
  28. 25
  29. spending
  30. 180
  31. 520
  32. 175
  33. 500
  34. for bad days and goals
  35. to keep trust
  36. 100
  37. 42
  38. reinvesting
  39. 300
  40. 1060

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