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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 242 · 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) more seeds for next time (b) buying a second juicer (c) a piggy bank for later (d) a new video game
  2. 2.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  3. 3.Riya’s stall made a profit of ₹1100. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.Lakshmi’s stall made a profit of ₹1700. Lakshmi saves 10% of it. How many rupees are saved?
  5. 5.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  6. 6.Meera’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.Which of these is saving? (a) more seeds for next time (b) a new video game (c) an emergency fund (d) a cinema ticket
  8. 8.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  9. 9.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  10. 10.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  12. 12.Vihaan’s stall made a profit of ₹2000. Vihaan saves 20% of it. How many rupees are saved?
  13. 13.Which of these is saving? (a) a new video game (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
  14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  16. 16.Kabir’s stall made a profit of ₹1400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.Kavya’s stall made a profit of ₹2000. Kavya saves 50% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.Meera’s stall made a profit of ₹1100. Meera saves 50% of it. How many rupees are saved?
  20. 20.Dev’s stall made a profit of ₹800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Kabir’s stall made a profit of ₹1600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Rohan’s stall made a profit of ₹1100. Rohan saves 10% of it. How many rupees are saved?
  23. 23.🐷 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
  24. 24.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  25. 25.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  28. 28.Kabir’s stall made a profit of ₹300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Riya’s stall made a profit of ₹1300. Riya saves 10% of it. How many rupees are saved?
  30. 30.Ishaan’s stall made a profit of ₹1600. Ishaan saves 10% of it. How many rupees are saved?
  31. 31.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) buying a second juicer (d) a new video game
  32. 32.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) an emergency fund (d) a cinema ticket
  33. 33.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  34. 34.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) buying a second juicer (d) profit put in a bank
  35. 35.Joseph’s stall made a profit of ₹1000. Joseph saves 50% of it. How many rupees are saved?
  36. 36.Farhan’s stall made a profit of ₹1400. Farhan saves 20% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.Vihaan’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) better paint for cards (d) sweets for yourself

Answer key

  1. a new video game
  2. to keep trust
  3. 385
  4. 170
  5. saving
  6. 200
  7. an emergency fund
  8. the cost of borrowing
  9. can I pay it back?
  10. 189
  11. putting profit back in
  12. 400
  13. a piggy bank for later
  14. saving
  15. talk to parents
  16. 350
  17. 1000
  18. 236
  19. 550
  20. 320
  21. 320
  22. 110
  23. for bad days and goals
  24. reinvesting
  25. 60
  26. 24
  27. spending
  28. 90
  29. 130
  30. 160
  31. buying a second juicer
  32. a cinema ticket
  33. spending
  34. profit put in a bank
  35. 500
  36. 280
  37. 684
  38. 360
  39. 50
  40. better paint for cards

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