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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 468 · 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.Ishaan’s stall made a profit of ₹1300. Ishaan saves 10% of it. How many rupees are saved?
  2. 2.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) a piggy bank for later (d) more seeds for next time
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  4. 4.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) buying a second juicer (d) a new video game
  5. 5.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) better paint for cards (d) a new video game
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  7. 7.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) an emergency fund
  8. 8.Arjun’s stall made a profit of ₹1100. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Farhan’s stall made a profit of ₹300. Farhan saves 25% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  11. 11.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) a new video game (d) sweets for yourself
  13. 13.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a piggy bank for later (d) more seeds for next time
  14. 14.Riya’s stall made a profit of ₹400. Riya saves 25% of it. How many rupees are saved?
  15. 15.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
  16. 16.Vihaan’s stall made a profit of ₹300. Vihaan saves 10% of it. How many rupees are saved?
  17. 17.Kabir’s stall made a profit of ₹1000. Kabir saves 20% of it. How many rupees are saved?
  18. 18.👪 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
  19. 19.Farhan’s stall made a profit of ₹300. Farhan saves 10% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  23. 23.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) a new video game (d) profit put in a bank
  24. 24.Ananya’s stall made a profit of ₹400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Joseph’s stall made a profit of ₹300. Joseph saves 20% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.Diya’s stall made a profit of ₹1300. Diya saves 25% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Tara’s stall made a profit of ₹500. Tara saves 20% of it. How many rupees are saved?
  30. 30.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  31. 31.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  32. 32.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
  33. 33.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Dev’s stall made a profit of ₹1700. Dev saves 20% of it. How many rupees are saved?
  35. 35.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) profit put in a bank (d) a cinema ticket
  36. 36.Rohan’s stall made a profit of ₹700. Rohan saves 50% of it. How many rupees are saved?
  37. 37.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  38. 38.Gurpreet’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  40. 40.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending

Answer key

  1. 130
  2. more seeds for next time
  3. saving
  4. a new video game
  5. better paint for cards
  6. reinvesting
  7. buying a second juicer
  8. 770
  9. 75
  10. spending
  11. 36
  12. an emergency fund
  13. a piggy bank for later
  14. 100
  15. for bad days and goals
  16. 30
  17. 200
  18. talk to parents
  19. 30
  20. 72
  21. 210
  22. the cost of borrowing
  23. profit put in a bank
  24. 100
  25. 60
  26. 9
  27. 325
  28. 889
  29. 100
  30. to keep trust
  31. saving
  32. can I pay it back?
  33. 60
  34. 340
  35. a cinema ticket
  36. 350
  37. putting profit back in
  38. 280
  39. saving
  40. reinvesting

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