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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 936 · 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: sweets for yourself? (a) reinvesting (b) saving (c) spending
  2. 2.Which of these is spending on yourself? (a) a cinema ticket (b) a piggy bank for later (c) an emergency fund (d) profit put in a bank
  3. 3.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  4. 4.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  5. 5.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  6. 6.Joseph’s stall made a profit of ₹400. Joseph saves 20% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.Aarav’s stall made a profit of ₹900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) profit put in a bank (d) better paint for cards
  10. 10.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
  11. 11.Which of these is saving? (a) sweets for yourself (b) a new video game (c) buying a second juicer (d) profit put in a bank
  12. 12.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  14. 14.Joseph’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?
  15. 15.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) buying a second juicer (d) an emergency fund
  16. 16.Kavya’s stall made a profit of ₹300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Gurpreet’s stall made a profit of ₹1600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Zoya’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.Arjun’s stall made a profit of ₹1900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.Meera’s stall made a profit of ₹1300. Meera saves 20% of it. How many rupees are saved?
  24. 24.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  25. 25.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  26. 26.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.Which of these is reinvesting in the business? (a) an emergency fund (b) more seeds for next time (c) a cinema ticket (d) profit put in a bank
  28. 28.Farhan’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Which of these is saving? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) better paint for cards
  30. 30.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Kavya’s stall made a profit of ₹1300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Meera’s stall made a profit of ₹600. Meera saves 25% of it. How many rupees are saved?
  33. 33.Nisha’s stall made a profit of ₹500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Gurpreet’s stall made a profit of ₹200. Gurpreet saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  37. 37.Nisha’s stall made a profit of ₹800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  39. 39.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  40. 40.Aarav’s stall made a profit of ₹600. Aarav saves 10% of it. How many rupees are saved?

Answer key

  1. spending
  2. a cinema ticket
  3. the cost of borrowing
  4. reinvesting
  5. reinvesting
  6. 80
  7. 60
  8. 450
  9. a new video game
  10. for bad days and goals
  11. profit put in a bank
  12. spending
  13. saving
  14. 570
  15. an emergency fund
  16. 120
  17. 480
  18. 600
  19. 654
  20. 950
  21. 5
  22. 32
  23. 260
  24. putting profit back in
  25. reinvesting
  26. 963
  27. more seeds for next time
  28. 200
  29. a piggy bank for later
  30. 990
  31. 260
  32. 150
  33. 200
  34. 20
  35. 1200
  36. to keep trust
  37. 320
  38. talk to parents
  39. spending
  40. 60

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