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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 31 · 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) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  2. 2.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) buying a second juicer (d) better paint for cards
  3. 3.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  4. 4.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  5. 5.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  6. 6.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) more seeds for next time (d) sweets for yourself
  8. 8.Meera’s stall made a profit of ₹1800. Meera saves 50% of it. How many rupees are saved?
  9. 9.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
  10. 10.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) buying a second juicer (d) a new video game
  11. 11.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  12. 12.Kavya’s stall made a profit of ₹700. Kavya saves 25% of it. How many rupees are saved?
  13. 13.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  14. 14.Which of these is reinvesting in the business? (a) a new video game (b) sweets for yourself (c) a cinema ticket (d) better paint for cards
  15. 15.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  16. 16.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.Aarav’s stall made a profit of ₹1500. Aarav saves 10% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.Ananya’s stall made a profit of ₹300. Ananya saves 10% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  21. 21.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  23. 23.Kavya’s stall made a profit of ₹200. Kavya saves 25% of it. How many rupees are saved?
  24. 24.Ishaan’s stall made a profit of ₹1700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Zoya’s stall made a profit of ₹1600. Zoya saves 10% of it. How many rupees are saved?
  26. 26.Which of these is reinvesting in the business? (a) more seeds for next time (b) a new video game (c) an emergency fund (d) sweets for yourself
  27. 27.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 ₹)?
  28. 28.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  29. 29.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  30. 30.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  31. 31.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.Joseph’s stall made a profit of ₹200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  35. 35.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  36. 36.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) better paint for cards (d) sweets for yourself
  38. 38.Kabir’s stall made a profit of ₹300. Kabir saves 20% of it. How many rupees are saved?
  39. 39.Meera’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving

Answer key

  1. for bad days and goals
  2. profit put in a bank
  3. spending
  4. buying a second juicer
  5. saving
  6. 60
  7. an emergency fund
  8. 900
  9. can I pay it back?
  10. a new video game
  11. spending
  12. 175
  13. putting profit back in
  14. better paint for cards
  15. to keep trust
  16. 624
  17. 150
  18. 708
  19. 30
  20. reinvesting
  21. 762
  22. the cost of borrowing
  23. 50
  24. 850
  25. 160
  26. more seeds for next time
  27. 918
  28. spending
  29. reinvesting
  30. saving
  31. 728
  32. 60
  33. 108
  34. talk to parents
  35. reinvesting
  36. 25
  37. sweets for yourself
  38. 60
  39. 200
  40. saving

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