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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 758 · 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: sweets for yourself? (a) saving (b) spending (c) reinvesting
  2. 2.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) sweets for yourself (d) a new video game
  3. 3.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  4. 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  5. 5.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) spending it on games (d) hiding it
  6. 6.Which of these is spending on yourself? (a) a piggy bank for later (b) sweets for yourself (c) profit put in a bank (d) an emergency fund
  7. 7.Meera’s stall made a profit of ₹1500. Meera saves 20% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  9. 9.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.Gurpreet’s stall made a profit of ₹900. Gurpreet saves 25% of it. How many rupees are saved?
  11. 11.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  12. 12.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  13. 13.Arjun’s stall made a profit of ₹400. Arjun saves 25% of it. How many rupees are saved?
  14. 14.Vihaan’s stall made a profit of ₹1800. Vihaan saves 25% of it. How many rupees are saved?
  15. 15.Gurpreet’s stall made a profit of ₹1600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Kavya’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.Diya’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Ishaan’s stall made a profit of ₹1300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Tara’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 spent?
  20. 20.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  21. 21.Ananya’s stall made a profit of ₹1400. Ananya saves 20% of it. How many rupees are saved?
  22. 22.👪 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
  23. 23.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  24. 24.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) sweets for yourself (d) buying a second juicer
  26. 26.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.Farhan’s stall made a profit of ₹300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.Dev’s stall made a profit of ₹600. Dev saves 25% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  34. 34.Farhan’s stall made a profit of ₹1200. Farhan saves 20% of it. How many rupees are saved?
  35. 35.Zoya’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) a piggy bank for later (d) a cinema ticket
  38. 38.Aarav’s stall made a profit of ₹900. Aarav saves 25% of it. How many rupees are saved?
  39. 39.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) more seeds for next time (d) sweets for yourself
  40. 40.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. spending
  2. an emergency fund
  3. the cost of borrowing
  4. saving
  5. putting profit back in
  6. sweets for yourself
  7. 300
  8. reinvesting
  9. 742
  10. 225
  11. reinvesting
  12. to keep trust
  13. 100
  14. 450
  15. 320
  16. 110
  17. 360
  18. 520
  19. 300
  20. saving
  21. 280
  22. talk to parents
  23. for bad days and goals
  24. 214
  25. buying a second juicer
  26. 70
  27. 972
  28. 90
  29. 90
  30. 18
  31. 150
  32. 327
  33. spending
  34. 240
  35. 350
  36. 856
  37. a piggy bank for later
  38. 225
  39. more seeds for next time
  40. 480

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