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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 153 · 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.Ishaan’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  3. 3.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  4. 4.Aarav’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  7. 7.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  8. 8.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.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 ₹)?
  10. 10.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  11. 11.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.Which of these is spending on yourself? (a) a new video game (b) an emergency fund (c) buying a second juicer (d) profit put in a bank
  14. 14.Lakshmi’s stall made a profit of ₹1100. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) a cinema ticket (d) profit put in a bank
  17. 17.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) profit put in a bank (d) a new video game
  18. 18.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
  19. 19.Zoya’s stall made a profit of ₹2000. Zoya saves 50% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  21. 21.Ishaan’s stall made a profit of ₹700. Ishaan saves 50% of it. How many rupees are saved?
  22. 22.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  23. 23.Which of these is spending on yourself? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) an emergency fund
  24. 24.Meera’s stall made a profit of ₹1500. Meera saves 10% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  26. 26.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  28. 28.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) more seeds for next time (d) profit put in a bank
  29. 29.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  30. 30.Joseph’s stall made a profit of ₹700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  32. 32.Lakshmi’s stall made a profit of ₹1000. Lakshmi saves 50% of it. How many rupees are saved?
  33. 33.Diya’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Diya’s stall made a profit of ₹700. Diya saves 20% of it. How many rupees are saved?
  35. 35.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  36. 36.Joseph’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?
  37. 37.Ishaan’s stall made a profit of ₹900. Ishaan saves 50% of it. How many rupees are saved?
  38. 38.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  39. 39.Kabir’s stall made a profit of ₹1600. Kabir saves 20% of it. How many rupees are saved?
  40. 40.Tara’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 1120
  2. to keep trust
  3. reinvesting
  4. 660
  5. the cost of borrowing
  6. saving
  7. spending
  8. 756
  9. 312
  10. reinvesting
  11. 918
  12. 12
  13. a new video game
  14. 440
  15. 530
  16. buying a second juicer
  17. profit put in a bank
  18. an emergency fund
  19. 1000
  20. saving
  21. 350
  22. putting profit back in
  23. a cinema ticket
  24. 150
  25. saving
  26. 20
  27. spending
  28. more seeds for next time
  29. spending
  30. 490
  31. for bad days and goals
  32. 500
  33. 360
  34. 140
  35. can I pay it back?
  36. 120
  37. 450
  38. talk to parents
  39. 320
  40. 240

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