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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 957 · 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 reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) buying a second juicer (d) a piggy bank for later
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  3. 3.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  4. 4.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  6. 6.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  7. 7.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  8. 8.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
  10. 10.Gurpreet’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.Kavya’s stall made a profit of ₹1400. Kavya saves 50% of it. How many rupees are saved?
  12. 12.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) better paint for cards (d) more seeds for next time
  13. 13.Kabir’s stall made a profit of ₹900. Kabir saves 50% of it. How many rupees are saved?
  14. 14.Farhan’s stall made a profit of ₹1600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) more seeds for next time (d) profit put in a bank
  16. 16.Diya’s stall made a profit of ₹800. Diya saves 25% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  18. 18.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  20. 20.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.Kabir’s stall made a profit of ₹700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  23. 23.Which of these is saving? (a) sweets for yourself (b) a new video game (c) an emergency fund (d) a cinema ticket
  24. 24.Arjun’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.Farhan’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.Nisha’s stall made a profit of ₹800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  31. 31.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) profit put in a bank (d) better paint for cards
  33. 33.Joseph’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Meera’s stall made a profit of ₹1900. Meera saves 10% of it. How many rupees are saved?
  36. 36.Dev’s stall made a profit of ₹1100. Dev saves 10% of it. How many rupees are saved?
  37. 37.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
  38. 38.Saanvi’s stall made a profit of ₹1900. Saanvi saves 10% of it. How many rupees are saved?
  39. 39.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) how fast can I spend? (d) what is the logo?
  40. 40.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting

Answer key

  1. buying a second juicer
  2. saving
  3. spending
  4. for bad days and goals
  5. spending
  6. putting profit back in
  7. saving
  8. reinvesting
  9. talk to parents
  10. 280
  11. 700
  12. a piggy bank for later
  13. 450
  14. 320
  15. a cinema ticket
  16. 200
  17. reinvesting
  18. 126
  19. saving
  20. 144
  21. 350
  22. the cost of borrowing
  23. an emergency fund
  24. 120
  25. 12
  26. 630
  27. 240
  28. 8
  29. 240
  30. reinvesting
  31. 464
  32. better paint for cards
  33. 800
  34. 8
  35. 190
  36. 110
  37. profit put in a bank
  38. 190
  39. can I pay it back?
  40. spending

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