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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 255 · 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: profit put in a bank? (a) spending (b) reinvesting (c) saving
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  3. 3.Lakshmi’s stall made a profit of ₹1800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) profit put in a bank
  5. 5.Diya’s stall made a profit of ₹1700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.Which of these is saving? (a) an emergency fund (b) more seeds for next time (c) sweets for yourself (d) a cinema ticket
  8. 8.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
  9. 9.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  10. 10.Zoya’s stall made a profit of ₹700. Zoya saves 10% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
  13. 13.Diya’s stall made a profit of ₹2000. Diya saves 20% of it. How many rupees are saved?
  14. 14.Farhan’s stall made a profit of ₹500. Farhan saves 25% of it. How many rupees are saved?
  15. 15.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) to lose friends (d) it does not matter
  16. 16.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) more seeds for next time (d) a new video game
  17. 17.Riya’s stall made a profit of ₹1900. Riya saves 20% of it. How many rupees are saved?
  18. 18.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) no reason (d) to waste it later
  19. 19.Riya’s stall made a profit of ₹500. Riya saves 25% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.Saanvi’s stall made a profit of ₹1800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Ishaan’s stall made a profit of ₹200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  24. 24.Joseph’s stall made a profit of ₹700. Joseph saves 10% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  26. 26.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  27. 27.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  29. 29.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
  30. 30.Which of these is reinvesting in the business? (a) better paint for cards (b) profit put in a bank (c) a cinema ticket (d) a new video game
  31. 31.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) buying a second juicer (d) a new video game
  32. 32.Nisha’s stall made a profit of ₹200. Nisha saves 20% of it. How many rupees are saved?
  33. 33.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) more seeds for next time (d) a piggy bank for later
  34. 34.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  35. 35.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Arjun’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?
  37. 37.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  38. 38.Ananya’s stall made a profit of ₹800. Ananya saves 10% of it. How many rupees are saved?
  39. 39.Nisha’s stall made a profit of ₹1300. Nisha saves 20% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending

Answer key

  1. saving
  2. spending
  3. 720
  4. buying a second juicer
  5. 510
  6. 50
  7. an emergency fund
  8. sweets for yourself
  9. reinvesting
  10. 70
  11. 4
  12. a piggy bank for later
  13. 400
  14. 125
  15. to keep trust
  16. a new video game
  17. 380
  18. for bad days and goals
  19. 125
  20. 981
  21. 900
  22. 60
  23. putting profit back in
  24. 70
  25. reinvesting
  26. the cost of borrowing
  27. 981
  28. spending
  29. more seeds for next time
  30. better paint for cards
  31. profit put in a bank
  32. 40
  33. a cinema ticket
  34. saving
  35. 48
  36. 350
  37. talk to parents
  38. 80
  39. 260
  40. reinvesting

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