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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 225 · 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.🐷 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
  2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  3. 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  4. 4.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.💡 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?
  6. 6.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  7. 7.Farhan’s stall made a profit of ₹1500. Farhan saves 50% of it. How many rupees are saved?
  8. 8.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) a new video game (d) profit put in a bank
  9. 9.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.Ishaan’s stall made a profit of ₹1700. Ishaan saves 25% of it. How many rupees are saved?
  11. 11.Arjun’s stall made a profit of ₹1400. Arjun saves 25% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.Ananya’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?
  14. 14.Which of these is spending on yourself? (a) sweets for yourself (b) a piggy bank for later (c) more seeds for next time (d) profit put in a bank
  15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  16. 16.Which of these is spending on yourself? (a) a cinema ticket (b) a piggy bank for later (c) an emergency fund (d) more seeds for next time
  17. 17.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  18. 18.👪 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
  19. 19.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  20. 20.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) profit put in a bank (d) better paint for cards
  21. 21.Zoya’s stall made a profit of ₹1200. Zoya saves 10% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  23. 23.Diya’s stall made a profit of ₹1600. Diya saves 10% of it. How many rupees are saved?
  24. 24.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) a piggy bank for later (d) sweets for yourself
  25. 25.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) a new video game (d) profit put in a bank
  26. 26.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  27. 27.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) more seeds for next time (d) a piggy bank for later
  28. 28.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.Rohan’s stall made a profit of ₹200. Rohan saves 25% of it. How many rupees are saved?
  31. 31.Vihaan’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?
  32. 32.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  33. 33.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.Tara’s stall made a profit of ₹400. Tara saves 50% of it. How many rupees are saved?
  35. 35.Tara’s stall made a profit of ₹1100. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  38. 38.Dev’s stall made a profit of ₹1700. Dev saves 20% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. for bad days and goals
  2. reinvesting
  3. saving
  4. 15
  5. can I pay it back?
  6. putting profit back in
  7. 750
  8. buying a second juicer
  9. 936
  10. 425
  11. 350
  12. 1030
  13. 375
  14. sweets for yourself
  15. spending
  16. a cinema ticket
  17. to keep trust
  18. talk to parents
  19. the cost of borrowing
  20. better paint for cards
  21. 120
  22. reinvesting
  23. 160
  24. a piggy bank for later
  25. profit put in a bank
  26. spending
  27. more seeds for next time
  28. 315
  29. 260
  30. 50
  31. 120
  32. reinvesting
  33. 424
  34. 200
  35. 220
  36. 624
  37. spending
  38. 340
  39. 32
  40. 30

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