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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 911 · 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) sweets for yourself (c) buying a second juicer (d) an emergency fund
  2. 2.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) buying a second juicer (d) a piggy bank for later
  3. 3.Zoya’s stall made a profit of ₹1500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  5. 5.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later
  6. 6.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  7. 7.Ananya’s stall made a profit of ₹1500. Ananya saves 50% of it. How many rupees are saved?
  8. 8.Aarav’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  10. 10.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) profit put in a bank (d) an emergency fund
  11. 11.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) spending it on games (d) hiding it
  13. 13.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  15. 15.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  17. 17.Zoya’s stall made a profit of ₹1300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) a new video game (d) a cinema ticket
  19. 19.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.Gurpreet’s stall made a profit of ₹1600. Gurpreet saves 25% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  22. 22.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) a new video game (d) more seeds for next time
  23. 23.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) better paint for cards (d) a cinema ticket
  24. 24.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
  25. 25.Riya’s stall made a profit of ₹500. Riya saves 50% of it. How many rupees are saved?
  26. 26.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) an emergency fund (d) sweets for yourself
  27. 27.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Gurpreet’s stall made a profit of ₹1400. Gurpreet saves 50% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  32. 32.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Joseph’s stall made a profit of ₹1100. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.Gurpreet’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  37. 37.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  38. 38.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.Tara’s stall made a profit of ₹1800. Tara saves 20% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. sweets for yourself
  2. a new video game
  3. 900
  4. reinvesting
  5. for bad days and goals
  6. can I pay it back?
  7. 750
  8. 300
  9. spending
  10. better paint for cards
  11. 103
  12. putting profit back in
  13. 45
  14. saving
  15. 648
  16. spending
  17. 520
  18. a piggy bank for later
  19. 18
  20. 400
  21. spending
  22. more seeds for next time
  23. profit put in a bank
  24. an emergency fund
  25. 250
  26. buying a second juicer
  27. 90
  28. 224
  29. 700
  30. 944
  31. saving
  32. 756
  33. 440
  34. 180
  35. 680
  36. saving
  37. the cost of borrowing
  38. 42
  39. 360
  40. 936

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