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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 885 · 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: better paint for cards? (a) saving (b) spending (c) reinvesting
  2. 2.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) buying a second juicer (d) an emergency fund
  3. 3.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  4. 4.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) sweets for yourself (d) buying a second juicer
  5. 5.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  7. 7.Ishaan’s stall made a profit of ₹500. Ishaan saves 20% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  9. 9.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  10. 10.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  11. 11.👪 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
  12. 12.Zoya’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) a piggy bank for later (d) better paint for cards
  14. 14.Which of these is spending on yourself? (a) sweets for yourself (b) buying a second juicer (c) profit put in a bank (d) an emergency fund
  15. 15.Farhan’s stall made a profit of ₹1100. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) a cinema ticket (d) an emergency fund
  17. 17.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.Lakshmi’s stall made a profit of ₹1400. Lakshmi saves 25% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.Ananya’s stall made a profit of ₹200. Ananya saves 25% of it. How many rupees are saved?
  21. 21.Meera’s stall made a profit of ₹400. Meera saves 50% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  24. 24.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  25. 25.Vihaan’s stall made a profit of ₹200. Vihaan saves 10% of it. How many rupees are saved?
  26. 26.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  27. 27.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Aarav’s stall made a profit of ₹1100. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Rohan’s stall made a profit of ₹600. Rohan saves 10% of it. How many rupees are saved?
  31. 31.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 ₹)?
  32. 32.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  33. 33.Ishaan’s stall made a profit of ₹900. Ishaan saves 25% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  36. 36.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Ananya’s stall made a profit of ₹2000. Ananya saves 25% of it. How many rupees are saved?
  39. 39.Kavya’s stall made a profit of ₹1200. Kavya saves 20% of it. How many rupees are saved?
  40. 40.Joseph’s stall made a profit of ₹1300. Joseph saves 20% of it. How many rupees are saved?

Answer key

  1. reinvesting
  2. an emergency fund
  3. can I pay it back?
  4. profit put in a bank
  5. 216
  6. spending
  7. 100
  8. saving
  9. to keep trust
  10. spending
  11. talk to parents
  12. 40
  13. better paint for cards
  14. sweets for yourself
  15. 220
  16. buying a second juicer
  17. 726
  18. 350
  19. 72
  20. 50
  21. 200
  22. 109
  23. saving
  24. reinvesting
  25. 20
  26. putting profit back in
  27. 7
  28. 30
  29. 330
  30. 60
  31. 1008
  32. reinvesting
  33. 225
  34. 24
  35. saving
  36. 40
  37. 636
  38. 500
  39. 240
  40. 260

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