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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 778 · 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) better paint for cards (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
  2. 2.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  3. 3.Ishaan’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.Which of these is spending on yourself? (a) sweets for yourself (b) profit put in a bank (c) buying a second juicer (d) better paint for cards
  5. 5.Which of these is saving? (a) buying a second juicer (b) a new video game (c) a piggy bank for later (d) sweets for yourself
  6. 6.Arjun’s stall made a profit of ₹1200. Arjun saves 20% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) better paint for cards (d) a piggy bank for later
  9. 9.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  11. 11.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  12. 12.Saanvi’s stall made a profit of ₹1600. Saanvi saves 20% of it. How many rupees are saved?
  13. 13.Which of these is saving? (a) more seeds for next time (b) a new video game (c) profit put in a bank (d) buying a second juicer
  14. 14.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  15. 15.Gurpreet’s stall made a profit of ₹1900. Gurpreet saves 10% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  18. 18.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.Joseph’s stall made a profit of ₹1700. Joseph saves 50% of it. How many rupees are saved?
  21. 21.Riya’s stall made a profit of ₹1300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.Tara’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Aarav’s stall made a profit of ₹700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  25. 25.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  27. 27.Farhan’s stall made a profit of ₹700. Farhan saves 20% of it. How many rupees are saved?
  28. 28.Ishaan’s stall made a profit of ₹1200. Ishaan saves 25% of it. How many rupees are saved?
  29. 29.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  30. 30.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.Riya’s stall made a profit of ₹300. Riya saves 50% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.👪 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
  34. 34.Rohan’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  38. 38.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  39. 39.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 ₹)?
  40. 40.Ananya’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. a cinema ticket
  2. reinvesting
  3. 360
  4. sweets for yourself
  5. a piggy bank for later
  6. 240
  7. 2
  8. better paint for cards
  9. 45
  10. spending
  11. for bad days and goals
  12. 320
  13. profit put in a bank
  14. reinvesting
  15. 190
  16. 160
  17. saving
  18. 954
  19. 40
  20. 850
  21. 910
  22. 200
  23. 350
  24. spending
  25. 896
  26. reinvesting
  27. 140
  28. 300
  29. the cost of borrowing
  30. 218
  31. 150
  32. 18
  33. talk to parents
  34. 480
  35. 1008
  36. 32
  37. putting profit back in
  38. saving
  39. 312
  40. 400

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