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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 908 · 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) reinvesting (b) saving (c) spending
  2. 2.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  3. 3.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) better paint for cards (d) a new video game
  5. 5.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 new video game
  6. 6.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.Diya’s stall made a profit of ₹700. Diya saves 20% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.Farhan’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  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.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
  14. 14.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) profit put in a bank (d) more seeds for next time
  15. 15.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  16. 16.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  17. 17.Zoya’s stall made a profit of ₹300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  19. 19.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
  20. 20.Tara’s stall made a profit of ₹600. Tara saves 50% of it. How many rupees are saved?
  21. 21.Which of these is spending on yourself? (a) sweets for yourself (b) profit put in a bank (c) an emergency fund (d) a piggy bank for later
  22. 22.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.Lakshmi’s stall made a profit of ₹900. Lakshmi saves 50% of it. How many rupees are saved?
  24. 24.Diya’s stall made a profit of ₹2000. Diya saves 20% of it. How many rupees are saved?
  25. 25.Ananya’s stall made a profit of ₹600. Ananya saves 20% of it. How many rupees are saved?
  26. 26.Diya’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Diya’s stall made a profit of ₹300. Diya saves 50% of it. How many rupees are saved?
  28. 28.Saanvi’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Ishaan’s stall made a profit of ₹1800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Arjun’s stall made a profit of ₹1900. Arjun saves 25% of it. How many rupees are saved?
  32. 32.Nisha’s stall made a profit of ₹200. Nisha saves 50% of it. How many rupees are saved?
  33. 33.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
  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.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  37. 37.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  38. 38.Ananya’s stall made a profit of ₹1000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending

Answer key

  1. saving
  2. a cinema ticket
  3. 24
  4. a new video game
  5. better paint for cards
  6. 690
  7. 214
  8. 140
  9. 412
  10. 240
  11. for bad days and goals
  12. 27
  13. putting profit back in
  14. more seeds for next time
  15. can I pay it back?
  16. reinvesting
  17. 120
  18. saving
  19. talk to parents
  20. 300
  21. sweets for yourself
  22. 72
  23. 450
  24. 400
  25. 120
  26. 300
  27. 150
  28. 640
  29. 630
  30. 30
  31. 475
  32. 100
  33. profit put in a bank
  34. 24
  35. 510
  36. spending
  37. the cost of borrowing
  38. 400
  39. 590
  40. saving

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