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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 892 · 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: an emergency fund? (a) spending (b) saving (c) reinvesting
  2. 2.Tara’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?
  3. 3.Aarav’s stall made a profit of ₹2000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) a piggy bank for later (d) a new video game
  5. 5.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.Diya’s stall made a profit of ₹600. Diya saves 20% of it. How many rupees are saved?
  7. 7.Farhan’s stall made a profit of ₹1200. Farhan saves 10% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  11. 11.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) a cinema ticket (d) better paint for cards
  12. 12.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) sweets for yourself
  13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  14. 14.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  16. 16.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 ₹)?
  17. 17.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
  19. 19.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) spending it on games (d) hiding it
  20. 20.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) a cinema ticket (d) an emergency fund
  21. 21.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  22. 22.Aarav’s stall made a profit of ₹700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) buying a second juicer (d) profit put in a bank
  24. 24.Zoya’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Zoya’s stall made a profit of ₹800. Zoya saves 20% of it. How many rupees are saved?
  26. 26.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) an emergency fund (d) more seeds for next time
  27. 27.Kabir’s stall made a profit of ₹700. Kabir saves 20% of it. How many rupees are saved?
  28. 28.Rohan’s stall made a profit of ₹1200. Rohan saves 25% of it. How many rupees are saved?
  29. 29.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  30. 30.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Saanvi’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Tara’s stall made a profit of ₹1400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Joseph’s stall made a profit of ₹1800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  37. 37.Farhan’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  39. 39.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  40. 40.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 ₹)?

Answer key

  1. saving
  2. 260
  3. 600
  4. a piggy bank for later
  5. 1040
  6. 120
  7. 120
  8. 54
  9. 612
  10. spending
  11. better paint for cards
  12. buying a second juicer
  13. saving
  14. the cost of borrowing
  15. talk to parents
  16. 218
  17. 162
  18. for bad days and goals
  19. putting profit back in
  20. a cinema ticket
  21. spending
  22. 280
  23. sweets for yourself
  24. 180
  25. 160
  26. more seeds for next time
  27. 140
  28. 300
  29. can I pay it back?
  30. 54
  31. 24
  32. 40
  33. 420
  34. 816
  35. 540
  36. reinvesting
  37. 360
  38. reinvesting
  39. to keep trust
  40. 1008

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