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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 461 · 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 saving? (a) better paint for cards (b) more seeds for next time (c) a piggy bank for later (d) a new video game
  2. 2.Meera’s stall made a profit of ₹1400. Meera saves 50% of it. How many rupees are saved?
  3. 3.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  4. 4.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) sweets for yourself (d) more seeds for next time
  5. 5.Ananya’s stall made a profit of ₹1100. Ananya saves 10% of it. How many rupees are saved?
  6. 6.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  7. 7.Dev’s stall made a profit of ₹1300. Dev saves 20% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  9. 9.Arjun’s stall made a profit of ₹200. Arjun saves 25% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) more seeds for next time
  13. 13.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a new video game (d) an emergency fund
  14. 14.Gurpreet’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 spent?
  15. 15.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  16. 16.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.Arjun’s stall made a profit of ₹900. Arjun saves 20% of it. How many rupees are saved?
  18. 18.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) more seeds for next time
  19. 19.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  20. 20.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  21. 21.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  22. 22.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  24. 24.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  25. 25.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Rohan’s stall made a profit of ₹300. Rohan saves 25% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  29. 29.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  31. 31.Rohan’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 spent?
  32. 32.Saanvi’s stall made a profit of ₹1300. Saanvi saves 50% of it. How many rupees are saved?
  33. 33.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) a piggy bank for later (d) buying a second juicer
  34. 34.Nisha’s stall made a profit of ₹2000. Nisha saves 25% of it. How many rupees are saved?
  35. 35.Nisha’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  40. 40.🐷 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

Answer key

  1. a piggy bank for later
  2. 700
  3. reinvesting
  4. sweets for yourself
  5. 110
  6. the cost of borrowing
  7. 260
  8. reinvesting
  9. 50
  10. 70
  11. 968
  12. a cinema ticket
  13. a new video game
  14. 720
  15. spending
  16. 147
  17. 180
  18. profit put in a bank
  19. putting profit back in
  20. can I pay it back?
  21. to keep trust
  22. 416
  23. reinvesting
  24. spending
  25. 60
  26. 75
  27. 306
  28. talk to parents
  29. 124
  30. saving
  31. 90
  32. 650
  33. buying a second juicer
  34. 500
  35. 80
  36. 1120
  37. 18
  38. 48
  39. saving
  40. for bad days and goals

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