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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 218 · 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 saving? (a) profit put in a bank (b) sweets for yourself (c) more seeds for next time (d) a cinema ticket
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  3. 3.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  4. 4.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a piggy bank for later (d) better paint for cards
  5. 5.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  6. 6.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.Rohan’s stall made a profit of ₹700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  9. 9.Vihaan’s stall made a profit of ₹2000. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  11. 11.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  12. 12.Tara’s stall made a profit of ₹1500. Tara saves 20% of it. How many rupees are saved?
  13. 13.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) a piggy bank for later (d) better paint for cards
  14. 14.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  16. 16.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  17. 17.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  18. 18.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) buying a second juicer (d) sweets for yourself
  19. 19.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  20. 20.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.Which of these is reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) a cinema ticket (d) profit put in a bank
  22. 22.Gurpreet’s stall made a profit of ₹1500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Lakshmi’s stall made a profit of ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  25. 25.Farhan’s stall made a profit of ₹2000. Farhan saves 50% of it. How many rupees are saved?
  26. 26.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  27. 27.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.Arjun’s stall made a profit of ₹1400. Arjun saves 20% of it. How many rupees are saved?
  30. 30.Riya’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  32. 32.Diya’s stall made a profit of ₹400. Diya saves 50% of it. How many rupees are saved?
  33. 33.Zoya’s stall made a profit of ₹1700. Zoya saves 20% of it. How many rupees are saved?
  34. 34.Arjun’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  36. 36.Diya’s stall made a profit of ₹1200. Diya saves 50% of it. How many rupees are saved?
  37. 37.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) better paint for cards (d) a new video game
  38. 38.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Gurpreet’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Farhan’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. profit put in a bank
  2. spending
  3. reinvesting
  4. a piggy bank for later
  5. the cost of borrowing
  6. 6
  7. 350
  8. talk to parents
  9. 1000
  10. spending
  11. reinvesting
  12. 300
  13. sweets for yourself
  14. 45
  15. saving
  16. putting profit back in
  17. saving
  18. buying a second juicer
  19. to keep trust
  20. 530
  21. more seeds for next time
  22. 600
  23. 270
  24. can I pay it back?
  25. 1000
  26. for bad days and goals
  27. 40
  28. 412
  29. 280
  30. 1190
  31. reinvesting
  32. 200
  33. 340
  34. 600
  35. spending
  36. 600
  37. a new video game
  38. 864
  39. 1050
  40. 700

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