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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 140 · 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.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  2. 2.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) sweets for yourself (d) buying a second juicer
  3. 3.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  4. 4.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.Dev’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.Ananya’s stall made a profit of ₹400. Ananya saves 50% of it. How many rupees are saved?
  7. 7.Diya’s stall made a profit of ₹2000. Diya saves 25% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  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.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  11. 11.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  12. 12.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.Saanvi’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Vihaan’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.Dev’s stall made a profit of ₹2000. Dev saves 10% of it. How many rupees are saved?
  16. 16.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
  17. 17.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  18. 18.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.Which of these is reinvesting in the business? (a) sweets for yourself (b) buying a second juicer (c) an emergency fund (d) a piggy bank for later
  20. 20.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) a piggy bank for later (d) a new video game
  21. 21.Diya’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 reinvested?
  22. 22.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  24. 24.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  27. 27.Which of these is reinvesting in the business? (a) more seeds for next time (b) a new video game (c) a cinema ticket (d) profit put in a bank
  28. 28.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) a piggy bank for later
  29. 29.Joseph’s stall made a profit of ₹1200. Joseph saves 25% of it. How many rupees are saved?
  30. 30.Dev’s stall made a profit of ₹1800. Dev saves 50% of it. How many rupees are saved?
  31. 31.Aarav’s stall made a profit of ₹300. Aarav saves 50% of it. How many rupees are saved?
  32. 32.Aarav’s stall made a profit of ₹1600. Aarav saves 50% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  34. 34.Which of these is saving? (a) a new video game (b) better paint for cards (c) profit put in a bank (d) buying a second juicer
  35. 35.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  36. 36.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Kabir’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  40. 40.Aarav’s stall made a profit of ₹1500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. putting profit back in
  2. sweets for yourself
  3. can I pay it back?
  4. 910
  5. 80
  6. 200
  7. 500
  8. saving
  9. 210
  10. saving
  11. saving
  12. 605
  13. 440
  14. 360
  15. 200
  16. for bad days and goals
  17. to keep trust
  18. 84
  19. buying a second juicer
  20. a piggy bank for later
  21. 80
  22. 312
  23. reinvesting
  24. 108
  25. 1089
  26. the cost of borrowing
  27. more seeds for next time
  28. a new video game
  29. 300
  30. 900
  31. 150
  32. 800
  33. spending
  34. profit put in a bank
  35. talk to parents
  36. 12
  37. 950
  38. 80
  39. spending
  40. 600

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