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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 603 · 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) buying a second juicer (c) a cinema ticket (d) an emergency fund
  2. 2.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) more seeds for next time (d) a cinema ticket
  3. 3.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.Ananya’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  6. 6.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  8. 8.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) a piggy bank for later (d) buying a second juicer
  9. 9.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  11. 11.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) profit put in a bank (d) sweets for yourself
  12. 12.Saanvi’s stall made a profit of ₹400. Saanvi saves 50% of it. How many rupees are saved?
  13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  14. 14.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 ₹)?
  15. 15.Aarav’s stall made a profit of ₹800. Aarav saves 50% of it. How many rupees are saved?
  16. 16.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  17. 17.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  18. 18.Ishaan’s stall made a profit of ₹1100. Ishaan saves 20% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  21. 21.Kabir’s stall made a profit of ₹500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  23. 23.Ananya’s stall made a profit of ₹1100. Ananya saves 50% of it. How many rupees are saved?
  24. 24.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) an emergency fund (d) more seeds for next time
  25. 25.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.🐷 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
  27. 27.Arjun’s stall made a profit of ₹500. Arjun saves 50% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) better paint for cards (d) a new video game
  30. 30.Farhan’s stall made a profit of ₹2000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Lakshmi’s stall made a profit of ₹1900. Lakshmi saves 20% of it. How many rupees are saved?
  32. 32.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  33. 33.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  34. 34.Zoya’s stall made a profit of ₹1200. Zoya saves 20% of it. How many rupees are saved?
  35. 35.Farhan’s stall made a profit of ₹800. Farhan saves 25% of it. How many rupees are saved?
  36. 36.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) a new video game (d) sweets for yourself
  37. 37.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  38. 38.Saanvi’s stall made a profit of ₹500. Saanvi saves 25% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving

Answer key

  1. an emergency fund
  2. a cinema ticket
  3. 910
  4. 400
  5. spending
  6. 40
  7. reinvesting
  8. buying a second juicer
  9. the cost of borrowing
  10. saving
  11. sweets for yourself
  12. 200
  13. saving
  14. 981
  15. 400
  16. can I pay it back?
  17. talk to parents
  18. 220
  19. 545
  20. spending
  21. 250
  22. reinvesting
  23. 550
  24. more seeds for next time
  25. 1030
  26. for bad days and goals
  27. 250
  28. 309
  29. better paint for cards
  30. 1000
  31. 380
  32. spending
  33. saving
  34. 240
  35. 200
  36. a piggy bank for later
  37. putting profit back in
  38. 125
  39. 108
  40. reinvesting

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