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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 224 · 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) saving (b) reinvesting (c) spending
  2. 2.Vihaan’s stall made a profit of ₹500. Vihaan saves 10% of it. How many rupees are saved?
  3. 3.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  4. 4.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  5. 5.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  7. 7.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  9. 9.Riya’s stall made a profit of ₹900. Riya saves 25% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  11. 11.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.Joseph’s stall made a profit of ₹1500. Joseph saves 50% of it. How many rupees are saved?
  14. 14.Which of these is saving? (a) more seeds for next time (b) sweets for yourself (c) a piggy bank for later (d) a cinema ticket
  15. 15.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  16. 16.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) an emergency fund (d) buying a second juicer
  17. 17.Ananya’s stall made a profit of ₹1200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  19. 19.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  20. 20.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) sweets for yourself (d) more seeds for next time
  21. 21.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) buying a second juicer (d) a new video game
  22. 22.Kavya’s stall made a profit of ₹900. Kavya saves 20% of it. How many rupees are saved?
  23. 23.Nisha’s stall made a profit of ₹700. Nisha saves 20% of it. How many rupees are saved?
  24. 24.Zoya’s stall made a profit of ₹200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) a piggy bank for later (d) a new video game
  26. 26.Saanvi’s stall made a profit of ₹800. Saanvi saves 20% of it. How many rupees are saved?
  27. 27.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) an emergency fund (d) a piggy bank for later
  28. 28.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  29. 29.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) a piggy bank for later (d) more seeds for next time
  32. 32.Which of these is saving? (a) a new video game (b) profit put in a bank (c) better paint for cards (d) buying a second juicer
  33. 33.Joseph’s stall made a profit of ₹600. Joseph saves 10% of it. How many rupees are saved?
  34. 34.Kabir’s stall made a profit of ₹1500. Kabir saves 20% of it. How many rupees are saved?
  35. 35.Vihaan’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  37. 37.Vihaan’s stall made a profit of ₹1700. Vihaan saves 10% of it. How many rupees are saved?
  38. 38.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  39. 39.Dev’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. reinvesting
  2. 50
  3. the cost of borrowing
  4. to keep trust
  5. 1100
  6. spending
  7. saving
  8. saving
  9. 225
  10. spending
  11. 24
  12. 354
  13. 750
  14. a piggy bank for later
  15. saving
  16. buying a second juicer
  17. 600
  18. spending
  19. for bad days and goals
  20. sweets for yourself
  21. an emergency fund
  22. 180
  23. 140
  24. 80
  25. a new video game
  26. 160
  27. a cinema ticket
  28. can I pay it back?
  29. 10
  30. 206
  31. more seeds for next time
  32. profit put in a bank
  33. 60
  34. 300
  35. 1120
  36. putting profit back in
  37. 170
  38. reinvesting
  39. 120
  40. 32

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