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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 555 · 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) better paint for cards (c) an emergency fund (d) a cinema ticket
  2. 2.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) a new video game (d) profit put in a bank
  3. 3.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  4. 4.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) buying a second juicer (d) a cinema ticket
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  7. 7.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  8. 8.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) buying a second juicer (d) sweets for yourself
  9. 9.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  10. 10.Diya’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.Kavya’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.Aarav’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Meera’s stall made a profit of ₹2000. Meera saves 20% of it. How many rupees are saved?
  14. 14.Arjun’s stall made a profit of ₹1200. Arjun saves 10% of it. How many rupees are saved?
  15. 15.Farhan’s stall made a profit of ₹700. Farhan saves 50% of it. How many rupees are saved?
  16. 16.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  17. 17.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  18. 18.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  21. 21.Lakshmi’s stall made a profit of ₹900. Lakshmi saves 10% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  25. 25.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  26. 26.Ananya’s stall made a profit of ₹600. Ananya saves 10% of it. How many rupees are saved?
  27. 27.Meera’s stall made a profit of ₹1500. Meera saves 10% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
  30. 30.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  31. 31.Aarav’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) better paint for cards (d) sweets for yourself
  34. 34.Diya’s stall made a profit of ₹1600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  37. 37.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  38. 38.Vihaan’s stall made a profit of ₹1400. Vihaan saves 20% of it. How many rupees are saved?
  39. 39.Kabir’s stall made a profit of ₹1100. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 25% of it. How many rupees are saved?

Answer key

  1. an emergency fund
  2. a new video game
  3. can I pay it back?
  4. 981
  5. a cinema ticket
  6. saving
  7. talk to parents
  8. sweets for yourself
  9. reinvesting
  10. 600
  11. 100
  12. 250
  13. 400
  14. 120
  15. 350
  16. spending
  17. putting profit back in
  18. 324
  19. 24
  20. saving
  21. 90
  22. 108
  23. 960
  24. to keep trust
  25. the cost of borrowing
  26. 60
  27. 150
  28. 618
  29. for bad days and goals
  30. spending
  31. 120
  32. 25
  33. better paint for cards
  34. 640
  35. 162
  36. reinvesting
  37. spending
  38. 280
  39. 330
  40. 125

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