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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 779 · 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) profit put in a bank (b) a piggy bank for later (c) a new video game (d) better paint for cards
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  3. 3.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  4. 4.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  6. 6.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) buying a second juicer (d) a cinema ticket
  7. 7.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
  8. 8.Joseph’s stall made a profit of ₹2000. Joseph saves 25% of it. How many rupees are saved?
  9. 9.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  10. 10.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  11. 11.Riya’s stall made a profit of ₹1200. Riya saves 25% of it. How many rupees are saved?
  12. 12.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) a new video game (d) a cinema ticket
  13. 13.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.Lakshmi’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 reinvested?
  15. 15.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  16. 16.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  17. 17.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.Gurpreet’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 reinvested?
  19. 19.Kavya’s stall made a profit of ₹400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  21. 21.Nisha’s stall made a profit of ₹2000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  23. 23.Kabir’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  25. 25.Diya’s stall made a profit of ₹2000. Diya saves 10% of it. How many rupees are saved?
  26. 26.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  27. 27.Gurpreet’s stall made a profit of ₹1300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  29. 29.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.Meera’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  32. 32.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) buying a second juicer (d) sweets for yourself
  33. 33.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  35. 35.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Kabir’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) a piggy bank for later (d) more seeds for next time
  38. 38.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) a cinema ticket (d) better paint for cards
  39. 39.Diya’s stall made a profit of ₹1500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. a new video game
  2. spending
  3. putting profit back in
  4. for bad days and goals
  5. spending
  6. a cinema ticket
  7. a piggy bank for later
  8. 500
  9. reinvesting
  10. can I pay it back?
  11. 300
  12. an emergency fund
  13. 735
  14. 360
  15. to keep trust
  16. profit put in a bank
  17. 104
  18. 450
  19. 120
  20. talk to parents
  21. 700
  22. saving
  23. 250
  24. saving
  25. 200
  26. the cost of borrowing
  27. 390
  28. 144
  29. 60
  30. 1200
  31. saving
  32. buying a second juicer
  33. 30
  34. reinvesting
  35. 72
  36. 420
  37. more seeds for next time
  38. better paint for cards
  39. 600
  40. 240

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