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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 137 · 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) spending (c) reinvesting
  2. 2.Which of these is saving? (a) an emergency fund (b) a new video game (c) a cinema ticket (d) better paint for cards
  3. 3.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) more seeds for next time (d) a cinema ticket
  4. 4.💡 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?
  5. 5.Gurpreet’s stall made a profit of ₹500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  7. 7.Which of these is reinvesting in the business? (a) a cinema ticket (b) more seeds for next time (c) sweets for yourself (d) a piggy bank for later
  8. 8.Riya’s stall made a profit of ₹200. Riya saves 25% of it. How many rupees are saved?
  9. 9.Nisha’s stall made a profit of ₹800. Nisha saves 50% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  13. 13.Joseph’s stall made a profit of ₹2000. Joseph saves 25% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) sweets for yourself (d) profit put in a bank
  16. 16.Nisha’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) better paint for cards (d) a cinema ticket
  19. 19.Kavya’s stall made a profit of ₹200. Kavya saves 50% of it. How many rupees are saved?
  20. 20.Tara’s stall made a profit of ₹200. Tara saves 10% of it. How many rupees are saved?
  21. 21.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 ₹)?
  22. 22.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  23. 23.Lakshmi’s stall made a profit of ₹400. Lakshmi saves 50% of it. How many rupees are saved?
  24. 24.🐷 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
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  26. 26.Joseph’s stall made a profit of ₹800. Joseph saves 10% of it. How many rupees are saved?
  27. 27.Saanvi’s stall made a profit of ₹800. Saanvi saves 10% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  30. 30.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.Gurpreet’s stall made a profit of ₹200. Gurpreet saves 50% of it. How many rupees are saved?
  32. 32.Saanvi’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Kabir’s stall made a profit of ₹400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Joseph’s stall made a profit of ₹1900. Joseph saves 50% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  37. 37.Ananya’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  40. 40.Riya’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. saving
  2. an emergency fund
  3. a piggy bank for later
  4. can I pay it back?
  5. 150
  6. spending
  7. more seeds for next time
  8. 50
  9. 400
  10. 24
  11. saving
  12. saving
  13. 500
  14. 96
  15. profit put in a bank
  16. 440
  17. 540
  18. a cinema ticket
  19. 100
  20. 20
  21. 345
  22. the cost of borrowing
  23. 200
  24. for bad days and goals
  25. reinvesting
  26. 80
  27. 80
  28. 49
  29. spending
  30. 1060
  31. 100
  32. 180
  33. 240
  34. 950
  35. 336
  36. reinvesting
  37. 350
  38. 945
  39. putting profit back in
  40. 200

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