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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 792 · 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 piggy bank for later (d) a cinema ticket
  2. 2.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  3. 3.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  4. 4.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) more seeds for next time (d) profit put in a bank
  6. 6.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) more seeds for next time (d) profit put in a bank
  7. 7.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  8. 8.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) a piggy bank for later (d) more seeds for next time
  9. 9.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) buying a second juicer (d) a new video game
  10. 10.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  12. 12.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  13. 13.Joseph’s stall made a profit of ₹1500. Joseph saves 50% of it. How many rupees are saved?
  14. 14.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  15. 15.Diya’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.Which of these is saving? (a) more seeds for next time (b) a piggy bank for later (c) a new video game (d) a cinema ticket
  18. 18.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 50% of it. How many rupees are saved?
  19. 19.Gurpreet’s stall made a profit of ₹1000. Gurpreet saves 20% of it. How many rupees are saved?
  20. 20.Kabir’s stall made a profit of ₹1400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Vihaan’s stall made a profit of ₹300. Vihaan saves 10% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  23. 23.Aarav’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  26. 26.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Saanvi’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Zoya’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?
  30. 30.Tara’s stall made a profit of ₹300. Tara saves 10% of it. How many rupees are saved?
  31. 31.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) a cinema ticket (d) a new video game
  32. 32.Arjun’s stall made a profit of ₹300. Arjun saves 10% of it. How many rupees are saved?
  33. 33.Rohan’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.Lakshmi’s stall made a profit of ₹700. Lakshmi saves 20% of it. How many rupees are saved?
  36. 36.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) a new video game (d) better paint for cards
  37. 37.Kabir’s stall made a profit of ₹300. Kabir saves 20% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.Diya’s stall made a profit of ₹1500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Arjun’s stall made a profit of ₹1700. 25% 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. the cost of borrowing
  3. spending
  4. 70
  5. profit put in a bank
  6. more seeds for next time
  7. for bad days and goals
  8. sweets for yourself
  9. a new video game
  10. 8
  11. putting profit back in
  12. to keep trust
  13. 750
  14. talk to parents
  15. 125
  16. 1120
  17. a piggy bank for later
  18. 300
  19. 200
  20. 280
  21. 30
  22. spending
  23. 1190
  24. 210
  25. reinvesting
  26. 12
  27. 6
  28. 250
  29. 360
  30. 30
  31. buying a second juicer
  32. 30
  33. 300
  34. 24
  35. 140
  36. better paint for cards
  37. 60
  38. 96
  39. 375
  40. 340

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