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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 247 · 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: sweets for yourself? (a) reinvesting (b) saving (c) spending
  2. 2.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  3. 3.Kavya’s stall made a profit of ₹800. Kavya saves 10% of it. How many rupees are saved?
  4. 4.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) profit put in a bank (d) a new video game
  5. 5.Ananya’s stall made a profit of ₹1400. Ananya saves 50% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  7. 7.Which of these is saving? (a) profit put in a bank (b) more seeds for next time (c) sweets for yourself (d) a new video game
  8. 8.Lakshmi’s stall made a profit of ₹500. Lakshmi saves 25% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  11. 11.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) an emergency fund (d) better paint for cards
  13. 13.Rohan’s stall made a profit of ₹900. Rohan saves 25% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) better paint for cards (d) sweets for yourself
  17. 17.Lakshmi’s stall made a profit of ₹900. Lakshmi saves 25% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  20. 20.Aarav’s stall made a profit of ₹1300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  22. 22.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  23. 23.Aarav’s stall made a profit of ₹1600. Aarav saves 25% of it. How many rupees are saved?
  24. 24.Riya’s stall made a profit of ₹1700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Kabir’s stall made a profit of ₹1700. Kabir saves 20% of it. How many rupees are saved?
  26. 26.Ananya’s stall made a profit of ₹1100. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) a piggy bank for later
  28. 28.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  29. 29.Diya’s stall made a profit of ₹1500. Diya saves 10% of it. How many rupees are saved?
  30. 30.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  31. 31.Rohan’s stall made a profit of ₹1300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  33. 33.Which of these is saving? (a) sweets for yourself (b) a new video game (c) a piggy bank for later (d) better paint for cards
  34. 34.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) an emergency fund (d) a cinema ticket
  36. 36.Diya’s stall made a profit of ₹1000. Diya saves 25% of it. How many rupees are saved?
  37. 37.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  38. 38.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.Rohan’s stall made a profit of ₹1000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. spending
  2. spending
  3. 80
  4. a new video game
  5. 700
  6. reinvesting
  7. profit put in a bank
  8. 125
  9. 6
  10. for bad days and goals
  11. 212
  12. an emergency fund
  13. 225
  14. 35
  15. 100
  16. sweets for yourself
  17. 225
  18. 9
  19. the cost of borrowing
  20. 390
  21. putting profit back in
  22. talk to parents
  23. 400
  24. 510
  25. 340
  26. 550
  27. better paint for cards
  28. 12
  29. 150
  30. can I pay it back?
  31. 520
  32. saving
  33. a piggy bank for later
  34. 1120
  35. buying a second juicer
  36. 250
  37. reinvesting
  38. 32
  39. 400
  40. 42

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