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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 431 · 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 reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) an emergency fund (d) more seeds for next time
  2. 2.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  3. 3.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
  4. 4.Aarav’s stall made a profit of ₹1600. Aarav saves 50% of it. How many rupees are saved?
  5. 5.Vihaan’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  7. 7.Ishaan’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  11. 11.Ishaan’s stall made a profit of ₹1600. Ishaan saves 20% of it. How many rupees are saved?
  12. 12.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  14. 14.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) an emergency fund (d) a cinema ticket
  16. 16.Gurpreet’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?
  17. 17.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  18. 18.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) a cinema ticket (d) a new video game
  19. 19.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  20. 20.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) profit put in a bank (d) better paint for cards
  21. 21.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.Riya’s stall made a profit of ₹1100. Riya saves 20% of it. How many rupees are saved?
  23. 23.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) a new video game
  24. 24.Kavya’s stall made a profit of ₹1500. Kavya saves 20% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  27. 27.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) a piggy bank for later (d) better paint for cards
  28. 28.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) more seeds for next time (d) a piggy bank for later
  29. 29.Vihaan’s stall made a profit of ₹200. Vihaan saves 50% of it. How many rupees are saved?
  30. 30.Rohan’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 reinvested?
  31. 31.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 ₹)?
  32. 32.Farhan’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  34. 34.Joseph’s stall made a profit of ₹2000. Joseph saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.Meera’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Nisha’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?
  39. 39.Gurpreet’s stall made a profit of ₹1300. Gurpreet saves 10% of it. How many rupees are saved?
  40. 40.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) a new video game (d) an emergency fund

Answer key

  1. more seeds for next time
  2. reinvesting
  3. to keep trust
  4. 800
  5. 600
  6. can I pay it back?
  7. 560
  8. putting profit back in
  9. saving
  10. saving
  11. 320
  12. for bad days and goals
  13. spending
  14. 1080
  15. buying a second juicer
  16. 510
  17. the cost of borrowing
  18. an emergency fund
  19. reinvesting
  20. a cinema ticket
  21. 708
  22. 220
  23. profit put in a bank
  24. 300
  25. 880
  26. reinvesting
  27. sweets for yourself
  28. a piggy bank for later
  29. 100
  30. 320
  31. 816
  32. 950
  33. talk to parents
  34. 200
  35. 824
  36. 880
  37. 1200
  38. 320
  39. 130
  40. a new video game

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