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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 932 · 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) saving (b) spending (c) reinvesting
  2. 2.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  3. 3.Rohan’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) buying a second juicer (d) a new video game
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  8. 8.Riya’s stall made a profit of ₹200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  12. 12.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  13. 13.Joseph’s stall made a profit of ₹1500. Joseph saves 20% of it. How many rupees are saved?
  14. 14.Arjun’s stall made a profit of ₹1800. Arjun saves 25% of it. How many rupees are saved?
  15. 15.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) more seeds for next time (d) a piggy bank for later
  16. 16.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  18. 18.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
  20. 20.Meera’s stall made a profit of ₹200. Meera saves 10% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.Which of these is saving? (a) more seeds for next time (b) a new video game (c) buying a second juicer (d) profit put in a bank
  23. 23.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.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 ₹)?
  25. 25.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) spending it on games (d) hiding it
  26. 26.Which of these is saving? (a) better paint for cards (b) a new video game (c) more seeds for next time (d) an emergency fund
  27. 27.Meera’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Farhan’s stall made a profit of ₹400. Farhan saves 10% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.Dev’s stall made a profit of ₹600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Farhan’s stall made a profit of ₹1900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Rohan’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  34. 34.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.Zoya’s stall made a profit of ₹1300. Zoya saves 10% of it. How many rupees are saved?
  36. 36.Meera’s stall made a profit of ₹2000. Meera saves 10% of it. How many rupees are saved?
  37. 37.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  38. 38.Meera’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.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 ₹)?
  40. 40.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. saving
  2. spending
  3. 570
  4. 735
  5. a new video game
  6. saving
  7. reinvesting
  8. 60
  9. 210
  10. 36
  11. spending
  12. the cost of borrowing
  13. 300
  14. 450
  15. a cinema ticket
  16. 889
  17. spending
  18. 981
  19. can I pay it back?
  20. 20
  21. 315
  22. profit put in a bank
  23. 147
  24. 590
  25. putting profit back in
  26. an emergency fund
  27. 420
  28. 40
  29. 28
  30. 360
  31. 380
  32. 100
  33. talk to parents
  34. 30
  35. 130
  36. 200
  37. reinvesting
  38. 180
  39. 816
  40. 140

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