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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 526 · 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 spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) profit put in a bank (d) a new video game
  2. 2.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a piggy bank for later (d) a cinema ticket
  3. 3.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) a cinema ticket (d) profit put in a bank
  4. 4.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  5. 5.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  6. 6.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) an emergency fund (d) sweets for yourself
  7. 7.Meera’s stall made a profit of ₹2000. Meera saves 20% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  9. 9.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  10. 10.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) sweets for yourself (d) an emergency fund
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  12. 12.Dev’s stall made a profit of ₹1900. Dev saves 20% of it. How many rupees are saved?
  13. 13.Gurpreet’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Diya’s stall made a profit of ₹1000. Diya saves 20% of it. How many rupees are saved?
  15. 15.Kabir’s stall made a profit of ₹2000. Kabir saves 25% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.Ananya’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  19. 19.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) a piggy bank for later
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  21. 21.Kabir’s stall made a profit of ₹1400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Kabir’s stall made a profit of ₹1800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.Nisha’s stall made a profit of ₹1000. Nisha saves 20% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.Vihaan’s stall made a profit of ₹1800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.Saanvi’s stall made a profit of ₹1400. Saanvi saves 10% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Saanvi’s stall made a profit of ₹500. Saanvi saves 20% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  34. 34.Gurpreet’s stall made a profit of ₹1700. Gurpreet saves 25% of it. How many rupees are saved?
  35. 35.Riya’s stall made a profit of ₹800. Riya saves 25% of it. How many rupees are saved?
  36. 36.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
  37. 37.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Arjun’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Arjun’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 spent?
  40. 40.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. a new video game
  2. a cinema ticket
  3. profit put in a bank
  4. can I pay it back?
  5. to keep trust
  6. more seeds for next time
  7. 400
  8. reinvesting
  9. the cost of borrowing
  10. an emergency fund
  11. talk to parents
  12. 380
  13. 250
  14. 200
  15. 500
  16. 36
  17. 180
  18. saving
  19. buying a second juicer
  20. saving
  21. 560
  22. 720
  23. 200
  24. 200
  25. 45
  26. 12
  27. 900
  28. 42
  29. 140
  30. 12
  31. 100
  32. 230
  33. reinvesting
  34. 425
  35. 200
  36. putting profit back in
  37. 20
  38. 100
  39. 280
  40. 27

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