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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 256 · 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) buying a second juicer (b) profit put in a bank (c) a piggy bank for later (d) a new video game
  2. 2.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  3. 3.Aarav’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  5. 5.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.Farhan’s stall made a profit of ₹400. Farhan saves 50% of it. How many rupees are saved?
  7. 7.Ananya’s stall made a profit of ₹1600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  9. 9.Tara’s stall made a profit of ₹1900. Tara saves 20% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  11. 11.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) a piggy bank for later (d) more seeds for next time
  12. 12.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.Zoya’s stall made a profit of ₹2000. Zoya saves 50% of it. How many rupees are saved?
  14. 14.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) a new video game (d) profit put in a bank
  15. 15.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  17. 17.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) more seeds for next time (d) an emergency fund
  21. 21.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.Meera’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Gurpreet’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  26. 26.Which of these is reinvesting in the business? (a) more seeds for next time (b) a cinema ticket (c) a new video game (d) a piggy bank for later
  27. 27.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  28. 28.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) ask strangers (d) take it secretly
  29. 29.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  30. 30.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  31. 31.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  32. 32.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) more seeds for next time (d) a cinema ticket
  33. 33.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  34. 34.Rohan’s stall made a profit of ₹900. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Dev’s stall made a profit of ₹1300. Dev saves 20% of it. How many rupees are saved?
  36. 36.Which of these is saving? (a) sweets for yourself (b) a new video game (c) buying a second juicer (d) profit put in a bank
  37. 37.Vihaan’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Joseph’s stall made a profit of ₹1500. Joseph saves 10% of it. How many rupees are saved?
  39. 39.Kabir’s stall made a profit of ₹800. Kabir saves 25% of it. How many rupees are saved?
  40. 40.Vihaan’s stall made a profit of ₹1600. Vihaan saves 10% of it. How many rupees are saved?

Answer key

  1. buying a second juicer
  2. the cost of borrowing
  3. 180
  4. can I pay it back?
  5. 684
  6. 200
  7. 480
  8. spending
  9. 380
  10. reinvesting
  11. a piggy bank for later
  12. 660
  13. 1000
  14. a new video game
  15. 42
  16. reinvesting
  17. 63
  18. 945
  19. 1090
  20. an emergency fund
  21. 648
  22. 360
  23. 480
  24. 324
  25. saving
  26. more seeds for next time
  27. spending
  28. talk to parents
  29. saving
  30. for bad days and goals
  31. to keep trust
  32. a cinema ticket
  33. saving
  34. 360
  35. 260
  36. profit put in a bank
  37. 40
  38. 150
  39. 200
  40. 160

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