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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 767 · 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) better paint for cards (c) a piggy bank for later (d) sweets for yourself
  2. 2.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) a new video game (d) profit put in a bank
  3. 3.Arjun’s stall made a profit of ₹1600. Arjun saves 20% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  6. 6.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) a piggy bank for later (d) sweets for yourself
  7. 7.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) a new video game (d) sweets for yourself
  8. 8.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
  9. 9.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  10. 10.Gurpreet’s stall made a profit of ₹1100. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  12. 12.Kavya’s stall made a profit of ₹1800. Kavya saves 25% of it. How many rupees are saved?
  13. 13.Arjun’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  15. 15.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.Rohan’s stall made a profit of ₹700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Zoya’s stall made a profit of ₹700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) a new video game (d) more seeds for next time
  20. 20.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  21. 21.Ananya’s stall made a profit of ₹2000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.Arjun’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Aarav’s stall made a profit of ₹1300. 25% is saved, 20% 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) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  25. 25.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  27. 27.Kavya’s stall made a profit of ₹400. Kavya saves 50% of it. How many rupees are saved?
  28. 28.Meera’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 spent?
  29. 29.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) a piggy bank for later (d) a cinema ticket
  30. 30.Zoya’s stall made a profit of ₹500. Zoya saves 10% of it. How many rupees are saved?
  31. 31.Ananya’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  33. 33.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Farhan’s stall made a profit of ₹1200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  36. 36.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  37. 37.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.Diya’s stall made a profit of ₹800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving

Answer key

  1. a piggy bank for later
  2. profit put in a bank
  3. 320
  4. 72
  5. reinvesting
  6. sweets for yourself
  7. an emergency fund
  8. can I pay it back?
  9. spending
  10. 330
  11. putting profit back in
  12. 450
  13. 420
  14. saving
  15. 112
  16. 140
  17. 350
  18. 108
  19. a new video game
  20. to keep trust
  21. 600
  22. 320
  23. 260
  24. talk to parents
  25. 312
  26. reinvesting
  27. 200
  28. 210
  29. a cinema ticket
  30. 50
  31. 120
  32. saving
  33. 12
  34. 660
  35. spending
  36. reinvesting
  37. 60
  38. 240
  39. 20
  40. saving

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