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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 610 · 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) profit put in a bank (b) a cinema ticket (c) more seeds for next time (d) buying a second juicer
  2. 2.Lakshmi’s stall made a profit of ₹200. Lakshmi saves 10% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) more seeds for next time (d) better paint for cards
  5. 5.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  6. 6.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  7. 7.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) sweets for yourself (d) profit put in a bank
  8. 8.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  9. 9.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) sweets for yourself (d) a cinema ticket
  10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  11. 11.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  12. 12.Saanvi’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Aarav’s stall made a profit of ₹1100. Aarav saves 25% of it. How many rupees are saved?
  14. 14.Vihaan’s stall made a profit of ₹200. Vihaan saves 25% of it. How many rupees are saved?
  15. 15.Rohan’s stall made a profit of ₹1700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Farhan’s stall made a profit of ₹1000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  18. 18.Tara’s stall made a profit of ₹1100. Tara saves 10% of it. How many rupees are saved?
  19. 19.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  20. 20.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) buying a second juicer (d) an emergency fund
  21. 21.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  22. 22.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  24. 24.Nisha’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?
  25. 25.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  26. 26.Farhan’s stall made a profit of ₹900. Farhan saves 50% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  28. 28.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  29. 29.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 25% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Tara’s stall made a profit of ₹400. Tara saves 10% of it. How many rupees are saved?
  33. 33.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  34. 34.Aarav’s stall made a profit of ₹1200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Kavya’s stall made a profit of ₹1200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  39. 39.Vihaan’s stall made a profit of ₹1600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving

Answer key

  1. a cinema ticket
  2. 20
  3. 40
  4. an emergency fund
  5. talk to parents
  6. spending
  7. sweets for yourself
  8. to keep trust
  9. buying a second juicer
  10. spending
  11. reinvesting
  12. 720
  13. 275
  14. 50
  15. 935
  16. 500
  17. saving
  18. 110
  19. putting profit back in
  20. a new video game
  21. saving
  22. 624
  23. reinvesting
  24. 250
  25. for bad days and goals
  26. 450
  27. spending
  28. reinvesting
  29. 125
  30. 24
  31. 381
  32. 40
  33. can I pay it back?
  34. 600
  35. 460
  36. 147
  37. 240
  38. the cost of borrowing
  39. 400
  40. saving

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