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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 966 · 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) profit put in a bank (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
  2. 2.Aarav’s stall made a profit of ₹1500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) a piggy bank for later (d) buying a second juicer
  5. 5.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  6. 6.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  7. 7.Riya’s stall made a profit of ₹1400. Riya saves 10% of it. How many rupees are saved?
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  9. 9.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  10. 10.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
  11. 11.Aarav’s stall made a profit of ₹1800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.Gurpreet’s stall made a profit of ₹2000. Gurpreet saves 20% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  15. 15.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) buying a second juicer (d) a cinema ticket
  16. 16.Riya’s stall made a profit of ₹1900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Nisha’s stall made a profit of ₹1700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  20. 20.💡 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?
  21. 21.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) more seeds for next time (d) sweets for yourself
  22. 22.Ananya’s stall made a profit of ₹1300. Ananya saves 25% of it. How many rupees are saved?
  23. 23.Vihaan’s stall made a profit of ₹1900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) an emergency fund (d) a new video game
  25. 25.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
  26. 26.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Zoya’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Riya’s stall made a profit of ₹400. Riya saves 20% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  30. 30.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) profit put in a bank (d) a cinema ticket
  31. 31.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  32. 32.Gurpreet’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Arjun’s stall made a profit of ₹400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.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 ₹)?
  36. 36.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.Riya’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Riya’s stall made a profit of ₹1500. Riya saves 10% of it. How many rupees are saved?
  39. 39.Diya’s stall made a profit of ₹1300. Diya saves 10% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. sweets for yourself
  2. 375
  3. 20
  4. buying a second juicer
  5. reinvesting
  6. saving
  7. 140
  8. talk to parents
  9. putting profit back in
  10. better paint for cards
  11. 900
  12. 400
  13. 109
  14. reinvesting
  15. profit put in a bank
  16. 760
  17. 850
  18. saving
  19. spending
  20. can I pay it back?
  21. more seeds for next time
  22. 325
  23. 380
  24. an emergency fund
  25. the cost of borrowing
  26. 216
  27. 840
  28. 80
  29. spending
  30. a cinema ticket
  31. reinvesting
  32. 1190
  33. 18
  34. 120
  35. 936
  36. 530
  37. 150
  38. 150
  39. 130
  40. 6

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