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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 748 · 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.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  3. 3.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) profit put in a bank (d) more seeds for next time
  4. 4.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  6. 6.Ananya’s stall made a profit of ₹1900. Ananya saves 50% of it. How many rupees are saved?
  7. 7.Dev’s stall made a profit of ₹1700. Dev saves 10% of it. How many rupees are saved?
  8. 8.Ishaan’s stall made a profit of ₹200. Ishaan saves 25% of it. How many rupees are saved?
  9. 9.Ishaan’s stall made a profit of ₹900. Ishaan saves 20% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.Which of these is saving? (a) a new video game (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  12. 12.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) an emergency fund
  13. 13.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) a cinema ticket (d) a piggy bank for later
  14. 14.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  16. 16.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  18. 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  19. 19.Zoya’s stall made a profit of ₹1800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Aarav’s stall made a profit of ₹1600. Aarav saves 20% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  23. 23.Riya’s stall made a profit of ₹1500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  25. 25.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) no reason (d) saving is a loss
  26. 26.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.Riya’s stall made a profit of ₹900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Joseph’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Which of these is saving? (a) a new video game (b) buying a second juicer (c) an emergency fund (d) a cinema ticket
  30. 30.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) more seeds for next time (d) better paint for cards
  31. 31.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  32. 32.Ananya’s stall made a profit of ₹900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.Kavya’s stall made a profit of ₹1900. Kavya saves 25% of it. How many rupees are saved?
  35. 35.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
  36. 36.Zoya’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Joseph’s stall made a profit of ₹200. Joseph saves 20% of it. How many rupees are saved?
  38. 38.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) more seeds for next time (d) sweets for yourself
  39. 39.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Joseph’s stall made a profit of ₹1700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. spending
  2. reinvesting
  3. a new video game
  4. 103
  5. reinvesting
  6. 950
  7. 170
  8. 50
  9. 180
  10. 180
  11. a piggy bank for later
  12. a cinema ticket
  13. buying a second juicer
  14. can I pay it back?
  15. spending
  16. saving
  17. spending
  18. reinvesting
  19. 900
  20. 320
  21. 90
  22. to keep trust
  23. 750
  24. talk to parents
  25. for bad days and goals
  26. 1080
  27. 540
  28. 60
  29. an emergency fund
  30. profit put in a bank
  31. saving
  32. 450
  33. 354
  34. 475
  35. the cost of borrowing
  36. 160
  37. 40
  38. sweets for yourself
  39. 848
  40. 680

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