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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 126 · 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: buying a second juicer? (a) spending (b) reinvesting (c) saving
  2. 2.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  3. 3.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) an emergency fund (d) better paint for cards
  4. 4.Which of these is saving? (a) a new video game (b) sweets for yourself (c) more seeds for next time (d) profit put in a bank
  5. 5.Tara’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Dev’s stall made a profit of ₹2000. Dev saves 25% of it. How many rupees are saved?
  7. 7.Meera’s stall made a profit of ₹200. Meera saves 10% of it. How many rupees are saved?
  8. 8.Aarav’s stall made a profit of ₹1600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Rohan’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  12. 12.Tara’s stall made a profit of ₹1800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a cinema ticket (d) more seeds for next time
  14. 14.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) profit put in a bank
  15. 15.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  16. 16.Which of these is spending on yourself? (a) buying a second juicer (b) a new video game (c) an emergency fund (d) profit put in a bank
  17. 17.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  19. 19.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  20. 20.Nisha’s stall made a profit of ₹1900. Nisha saves 50% of it. How many rupees are saved?
  21. 21.Diya’s stall made a profit of ₹1600. Diya saves 25% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.Joseph’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 reinvested?
  24. 24.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) a piggy bank for later (d) sweets for yourself
  25. 25.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Aarav’s stall made a profit of ₹1800. Aarav saves 50% of it. How many rupees are saved?
  27. 27.Farhan’s stall made a profit of ₹1200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Ananya’s stall made a profit of ₹1200. Ananya saves 50% of it. How many rupees are saved?
  29. 29.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) more seeds for next time (d) sweets for yourself
  30. 30.Arjun’s stall made a profit of ₹400. Arjun saves 10% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  33. 33.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.Kavya’s stall made a profit of ₹800. Kavya saves 50% of it. How many rupees are saved?
  35. 35.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  36. 36.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  37. 37.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.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
  39. 39.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  40. 40.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. reinvesting
  2. saving
  3. better paint for cards
  4. profit put in a bank
  5. 960
  6. 500
  7. 20
  8. 640
  9. 500
  10. 812
  11. spending
  12. 810
  13. a cinema ticket
  14. buying a second juicer
  15. for bad days and goals
  16. a new video game
  17. 530
  18. saving
  19. the cost of borrowing
  20. 950
  21. 400
  22. 6
  23. 400
  24. a piggy bank for later
  25. 8
  26. 900
  27. 480
  28. 600
  29. sweets for yourself
  30. 40
  31. 200
  32. saving
  33. 103
  34. 400
  35. putting profit back in
  36. talk to parents
  37. 144
  38. an emergency fund
  39. spending
  40. 16

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