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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 887 · 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.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  2. 2.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  3. 3.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) an emergency fund (d) profit put in a bank
  4. 4.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) more seeds for next time (d) an emergency fund
  5. 5.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  6. 6.Which of these is saving? (a) sweets for yourself (b) a new video game (c) a piggy bank for later (d) more seeds for next time
  7. 7.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  9. 9.Nisha’s stall made a profit of ₹300. Nisha saves 10% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  11. 11.Nisha’s stall made a profit of ₹1900. Nisha saves 20% of it. How many rupees are saved?
  12. 12.Meera’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 reinvested?
  13. 13.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
  14. 14.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  15. 15.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) a new video game (d) better paint for cards
  16. 16.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) more seeds for next time (d) better paint for cards
  17. 17.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) better paint for cards (d) buying a second juicer
  18. 18.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) a new video game (d) an emergency fund
  19. 19.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.Which of these is spending on yourself? (a) sweets for yourself (b) a piggy bank for later (c) an emergency fund (d) buying a second juicer
  21. 21.Farhan’s stall made a profit of ₹300. Farhan saves 10% of it. How many rupees are saved?
  22. 22.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to pay more interest (d) to lose friends
  23. 23.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.Aarav’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Saanvi’s stall made a profit of ₹2000. Saanvi saves 10% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.Diya’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Ananya’s stall made a profit of ₹1400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  33. 33.Kabir’s stall made a profit of ₹700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  35. 35.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  36. 36.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  37. 37.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) more seeds for next time (d) better paint for cards

Answer key

  1. putting profit back in
  2. spending
  3. buying a second juicer
  4. more seeds for next time
  5. for bad days and goals
  6. a piggy bank for later
  7. 108
  8. saving
  9. 30
  10. spending
  11. 380
  12. 420
  13. talk to parents
  14. reinvesting
  15. better paint for cards
  16. profit put in a bank
  17. a new video game
  18. an emergency fund
  19. 21
  20. sweets for yourself
  21. 30
  22. to keep trust
  23. 36
  24. 360
  25. 200
  26. 570
  27. 720
  28. 280
  29. 42
  30. 243
  31. 64
  32. saving
  33. 210
  34. can I pay it back?
  35. saving
  36. spending
  37. 150
  38. 208
  39. 15
  40. a cinema ticket

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