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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 109 · 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) reinvesting (c) spending
  2. 2.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) sweets for yourself (d) better paint for cards
  3. 3.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  4. 4.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) an emergency fund (d) more seeds for next time
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  6. 6.Dev’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) buying a second juicer (d) an emergency fund
  8. 8.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  10. 10.Vihaan’s stall made a profit of ₹1700. Vihaan saves 50% of it. How many rupees are saved?
  11. 11.Aarav’s stall made a profit of ₹1400. Aarav saves 20% of it. How many rupees are saved?
  12. 12.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  13. 13.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  15. 15.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  16. 16.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  18. 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  19. 19.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) take it secretly (d) borrow online alone
  20. 20.Which of these is saving? (a) buying a second juicer (b) a new video game (c) better paint for cards (d) profit put in a bank
  21. 21.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.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 ₹)?
  23. 23.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  24. 24.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) a new video game (d) profit put in a bank
  26. 26.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.Kavya’s stall made a profit of ₹700. Kavya saves 25% of it. How many rupees are saved?
  28. 28.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  29. 29.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Tara’s stall made a profit of ₹1900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Diya’s stall made a profit of ₹1800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Diya’s stall made a profit of ₹1600. Diya saves 25% of it. How many rupees are saved?
  33. 33.Kabir’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Ishaan’s stall made a profit of ₹1400. Ishaan saves 20% of it. How many rupees are saved?
  35. 35.Aarav’s stall made a profit of ₹800. Aarav saves 25% of it. How many rupees are saved?
  36. 36.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) profit put in a bank (d) buying a second juicer
  37. 37.Ananya’s stall made a profit of ₹1900. Ananya saves 10% of it. How many rupees are saved?
  38. 38.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) profit put in a bank (d) a cinema ticket
  39. 39.Dev’s stall made a profit of ₹1900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Vihaan’s stall made a profit of ₹1900. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. saving
  2. better paint for cards
  3. spending
  4. more seeds for next time
  5. spending
  6. 180
  7. an emergency fund
  8. reinvesting
  9. reinvesting
  10. 850
  11. 280
  12. the cost of borrowing
  13. 260
  14. can I pay it back?
  15. sweets for yourself
  16. 36
  17. saving
  18. reinvesting
  19. talk to parents
  20. profit put in a bank
  21. 424
  22. 1060
  23. putting profit back in
  24. 770
  25. a new video game
  26. 381
  27. 175
  28. for bad days and goals
  29. 36
  30. 475
  31. 1080
  32. 400
  33. 640
  34. 280
  35. 200
  36. buying a second juicer
  37. 190
  38. a cinema ticket
  39. 760
  40. 760

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