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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 485 · 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) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) a new video game
  2. 2.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  3. 3.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  4. 4.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  5. 5.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  6. 6.Which of these is reinvesting in the business? (a) a new video game (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
  7. 7.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  8. 8.Which of these is saving? (a) a piggy bank for later (b) better paint for cards (c) more seeds for next time (d) buying a second juicer
  9. 9.Joseph’s stall made a profit of ₹1200. Joseph saves 25% of it. How many rupees are saved?
  10. 10.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) a new video game (d) an emergency fund
  11. 11.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) a new video game (d) buying a second juicer
  12. 12.Tara’s stall made a profit of ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) more seeds for next time (d) a cinema ticket
  14. 14.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  17. 17.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  18. 18.Meera’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Kavya’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  21. 21.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) profit put in a bank
  22. 22.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  24. 24.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) sweets for yourself (d) buying a second juicer
  25. 25.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
  26. 26.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.Ananya’s stall made a profit of ₹600. Ananya saves 10% of it. How many rupees are saved?
  30. 30.Gurpreet’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Dev’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Which of these is spending on yourself? (a) a cinema ticket (b) an emergency fund (c) profit put in a bank (d) more seeds for next time
  33. 33.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.Dev’s stall made a profit of ₹1400. Dev saves 25% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.Nisha’s stall made a profit of ₹1500. Nisha saves 25% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Riya’s stall made a profit of ₹900. Riya saves 50% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Kabir’s stall made a profit of ₹1200. Kabir saves 10% of it. How many rupees are saved?

Answer key

  1. profit put in a bank
  2. spending
  3. talk to parents
  4. reinvesting
  5. reinvesting
  6. better paint for cards
  7. can I pay it back?
  8. a piggy bank for later
  9. 300
  10. an emergency fund
  11. a new video game
  12. 390
  13. more seeds for next time
  14. 105
  15. 36
  16. saving
  17. saving
  18. 240
  19. 210
  20. putting profit back in
  21. buying a second juicer
  22. 648
  23. saving
  24. sweets for yourself
  25. for bad days and goals
  26. 1080
  27. 56
  28. 728
  29. 60
  30. 75
  31. 200
  32. a cinema ticket
  33. 972
  34. 350
  35. 240
  36. 375
  37. 20
  38. 450
  39. 144
  40. 120

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