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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 279 · 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) spending (b) saving (c) reinvesting
  2. 2.Lakshmi’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) a cinema ticket (d) a piggy bank for later
  4. 4.Ishaan’s stall made a profit of ₹1500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.Which of these is saving? (a) a new video game (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  7. 7.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) a new video game (d) an emergency fund
  9. 9.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) a new video game (d) a piggy bank for later
  10. 10.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  12. 12.Saanvi’s stall made a profit of ₹1000. Saanvi saves 10% of it. How many rupees are saved?
  13. 13.Kabir’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.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 ₹)?
  15. 15.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.Kabir’s stall made a profit of ₹300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) a new video game (d) buying a second juicer
  18. 18.Nisha’s stall made a profit of ₹500. Nisha saves 25% of it. How many rupees are saved?
  19. 19.Lakshmi’s stall made a profit of ₹1100. Lakshmi saves 50% of it. How many rupees are saved?
  20. 20.Saanvi’s stall made a profit of ₹700. Saanvi saves 10% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.Kabir’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) sweets for yourself (d) more seeds for next time
  26. 26.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  27. 27.Aarav’s stall made a profit of ₹1100. Aarav saves 25% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  29. 29.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.Riya’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 spent?
  31. 31.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  32. 32.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 new video game
  33. 33.Nisha’s stall made a profit of ₹1600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  35. 35.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Diya’s stall made a profit of ₹1200. Diya saves 25% of it. How many rupees are saved?
  37. 37.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  38. 38.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending

Answer key

  1. reinvesting
  2. 150
  3. a cinema ticket
  4. 900
  5. an emergency fund
  6. talk to parents
  7. 560
  8. better paint for cards
  9. a new video game
  10. for bad days and goals
  11. spending
  12. 100
  13. 225
  14. 530
  15. 816
  16. 120
  17. buying a second juicer
  18. 125
  19. 550
  20. 70
  21. 120
  22. 350
  23. 540
  24. 327
  25. sweets for yourself
  26. spending
  27. 275
  28. saving
  29. 864
  30. 320
  31. can I pay it back?
  32. more seeds for next time
  33. 960
  34. the cost of borrowing
  35. 30
  36. 300
  37. putting profit back in
  38. 220
  39. 108
  40. saving

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