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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 880 · 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) sweets for yourself (b) profit put in a bank (c) buying a second juicer (d) more seeds for next time
  2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  3. 3.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  4. 4.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) better paint for cards (d) a piggy bank for later
  5. 5.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  6. 6.Joseph’s stall made a profit of ₹400. Joseph saves 25% of it. How many rupees are saved?
  7. 7.Ananya’s stall made a profit of ₹1700. Ananya saves 25% of it. How many rupees are saved?
  8. 8.Kabir’s stall made a profit of ₹400. Kabir saves 20% of it. How many rupees are saved?
  9. 9.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  10. 10.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  11. 11.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.Which of these is saving? (a) an emergency fund (b) a new video game (c) better paint for cards (d) sweets for yourself
  13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  14. 14.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) a piggy bank for later (d) a new video game
  15. 15.Kabir’s stall made a profit of ₹1800. Kabir saves 50% of it. How many rupees are saved?
  16. 16.Arjun’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?
  17. 17.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  18. 18.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) more seeds for next time (d) a cinema ticket
  19. 19.Dev’s stall made a profit of ₹1400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Vihaan’s stall made a profit of ₹400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  22. 22.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
  23. 23.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  25. 25.Kavya’s stall made a profit of ₹200. Kavya saves 25% of it. How many rupees are saved?
  26. 26.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) sweets for yourself (d) a new video game
  27. 27.Saanvi’s stall made a profit of ₹1100. Saanvi saves 20% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  29. 29.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) a piggy bank for later (d) an emergency fund
  30. 30.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Tara’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  34. 34.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.Kavya’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  40. 40.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. profit put in a bank
  2. saving
  3. 944
  4. a piggy bank for later
  5. reinvesting
  6. 100
  7. 425
  8. 80
  9. putting profit back in
  10. to keep trust
  11. 345
  12. an emergency fund
  13. saving
  14. a new video game
  15. 900
  16. 320
  17. for bad days and goals
  18. a cinema ticket
  19. 280
  20. 200
  21. reinvesting
  22. can I pay it back?
  23. 218
  24. spending
  25. 50
  26. buying a second juicer
  27. 220
  28. reinvesting
  29. more seeds for next time
  30. 936
  31. 180
  32. 56
  33. saving
  34. 120
  35. 508
  36. 40
  37. 72
  38. 80
  39. spending
  40. 15

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