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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 618 · 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) buying a second juicer (b) a piggy bank for later (c) better paint for cards (d) sweets for yourself
  2. 2.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) a piggy bank for later (d) buying a second juicer
  3. 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  5. 5.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  6. 6.Joseph’s stall made a profit of ₹500. Joseph saves 50% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  8. 8.Tara’s stall made a profit of ₹1500. Tara saves 50% of it. How many rupees are saved?
  9. 9.Rohan’s stall made a profit of ₹700. Rohan saves 25% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  11. 11.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  12. 12.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  13. 13.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  15. 15.🐷 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
  16. 16.Riya’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.Tara’s stall made a profit of ₹1300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Riya’s stall made a profit of ₹500. Riya saves 25% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.Aarav’s stall made a profit of ₹2000. Aarav saves 10% of it. How many rupees are saved?
  22. 22.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  23. 23.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  24. 24.Tara’s stall made a profit of ₹800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Zoya’s stall made a profit of ₹400. Zoya saves 10% of it. How many rupees are saved?
  26. 26.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  27. 27.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
  28. 28.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) better paint for cards (d) a new video game
  29. 29.Nisha’s stall made a profit of ₹900. Nisha saves 10% of it. How many rupees are saved?
  30. 30.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  31. 31.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) sweets for yourself (d) profit put in a bank
  33. 33.Which of these is reinvesting in the business? (a) an emergency fund (b) more seeds for next time (c) a piggy bank for later (d) sweets for yourself
  34. 34.Joseph’s stall made a profit of ₹1100. Joseph saves 25% of it. How many rupees are saved?
  35. 35.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 ₹)?
  36. 36.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.Riya’s stall made a profit of ₹1500. Riya saves 10% of it. How many rupees are saved?
  38. 38.Ishaan’s stall made a profit of ₹600. Ishaan saves 10% of it. How many rupees are saved?
  39. 39.Riya’s stall made a profit of ₹600. Riya saves 50% of it. How many rupees are saved?
  40. 40.Arjun’s stall made a profit of ₹800. Arjun saves 10% of it. How many rupees are saved?

Answer key

  1. a piggy bank for later
  2. a cinema ticket
  3. saving
  4. saving
  5. reinvesting
  6. 250
  7. reinvesting
  8. 750
  9. 175
  10. spending
  11. reinvesting
  12. talk to parents
  13. 72
  14. spending
  15. for bad days and goals
  16. 1080
  17. 162
  18. 650
  19. 125
  20. 630
  21. 200
  22. to keep trust
  23. spending
  24. 160
  25. 40
  26. can I pay it back?
  27. buying a second juicer
  28. a new video game
  29. 90
  30. putting profit back in
  31. 927
  32. profit put in a bank
  33. more seeds for next time
  34. 275
  35. 910
  36. 327
  37. 150
  38. 60
  39. 300
  40. 80

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