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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 156 · 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 spending on yourself? (a) an emergency fund (b) more seeds for next time (c) profit put in a bank (d) a cinema ticket
  2. 2.Which of these is saving? (a) a new video game (b) an emergency fund (c) better paint for cards (d) sweets for yourself
  3. 3.Gurpreet’s stall made a profit of ₹1400. Gurpreet saves 25% of it. How many rupees are saved?
  4. 4.Kabir’s stall made a profit of ₹900. Kabir saves 20% of it. How many rupees are saved?
  5. 5.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) better paint for cards (d) a new video game
  6. 6.Which of these is reinvesting in the business? (a) a new video game (b) sweets for yourself (c) better paint for cards (d) profit put in a bank
  7. 7.Kavya’s stall made a profit of ₹1000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.💡 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?
  9. 9.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  10. 10.Nisha’s stall made a profit of ₹500. Nisha saves 20% of it. How many rupees are saved?
  11. 11.Kavya’s stall made a profit of ₹1700. Kavya saves 20% of it. How many rupees are saved?
  12. 12.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  13. 13.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  14. 14.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  15. 15.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  17. 17.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) a piggy bank for later (d) more seeds for next time
  18. 18.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  19. 19.Tara’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Diya’s stall made a profit of ₹1400. Diya saves 25% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) a piggy bank for later (d) an emergency fund
  23. 23.Tara’s stall made a profit of ₹1000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  25. 25.Aarav’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.Which of these is spending on yourself? (a) sweets for yourself (b) a piggy bank for later (c) an emergency fund (d) more seeds for next time
  28. 28.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  30. 30.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Aarav’s stall made a profit of ₹1700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Rohan’s stall made a profit of ₹200. Rohan saves 10% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  34. 34.Ishaan’s stall made a profit of ₹800. Ishaan saves 10% of it. How many rupees are saved?
  35. 35.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) a new video game (d) a piggy bank for later
  36. 36.Arjun’s stall made a profit of ₹1500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Which of these is saving? (a) profit put in a bank (b) more seeds for next time (c) better paint for cards (d) buying a second juicer
  38. 38.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Nisha’s stall made a profit of ₹1400. Nisha saves 25% of it. How many rupees are saved?
  40. 40.Saanvi’s stall made a profit of ₹1400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. a cinema ticket
  2. an emergency fund
  3. 350
  4. 180
  5. a new video game
  6. better paint for cards
  7. 500
  8. can I pay it back?
  9. to keep trust
  10. 100
  11. 340
  12. the cost of borrowing
  13. saving
  14. spending
  15. 770
  16. reinvesting
  17. more seeds for next time
  18. for bad days and goals
  19. 220
  20. 350
  21. 1030
  22. buying a second juicer
  23. 600
  24. reinvesting
  25. 280
  26. 27
  27. sweets for yourself
  28. 535
  29. saving
  30. 848
  31. 680
  32. 20
  33. reinvesting
  34. 80
  35. a piggy bank for later
  36. 375
  37. profit put in a bank
  38. 1200
  39. 350
  40. 840

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