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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 312 · 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) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
  2. 2.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) profit put in a bank (d) sweets for yourself
  3. 3.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
  4. 4.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  5. 5.Which of these is spending on yourself? (a) a cinema ticket (b) buying a second juicer (c) better paint for cards (d) an emergency fund
  6. 6.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  7. 7.Which of these is reinvesting in the business? (a) more seeds for next time (b) a new video game (c) a cinema ticket (d) sweets for yourself
  8. 8.Rohan’s stall made a profit of ₹1600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Farhan’s stall made a profit of ₹600. Farhan saves 50% of it. How many rupees are saved?
  10. 10.Which of these is saving? (a) a new video game (b) a cinema ticket (c) profit put in a bank (d) more seeds for next time
  11. 11.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  12. 12.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) sweets for yourself (d) a new video game
  13. 13.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  14. 14.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  16. 16.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) a new video game (d) buying a second juicer
  17. 17.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.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 ₹)?
  19. 19.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  20. 20.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  21. 21.Vihaan’s stall made a profit of ₹200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Ishaan’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  24. 24.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) better paint for cards (d) sweets for yourself
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  26. 26.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  27. 27.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  29. 29.Kabir’s stall made a profit of ₹1100. Kabir saves 10% of it. How many rupees are saved?
  30. 30.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  31. 31.Ishaan’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  33. 33.Farhan’s stall made a profit of ₹1800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Zoya’s stall made a profit of ₹1800. Zoya saves 20% of it. How many rupees are saved?
  37. 37.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 ₹)?
  38. 38.Saanvi’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Kavya’s stall made a profit of ₹700. Kavya saves 10% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. for bad days and goals
  2. sweets for yourself
  3. an emergency fund
  4. to keep trust
  5. a cinema ticket
  6. the cost of borrowing
  7. more seeds for next time
  8. 640
  9. 300
  10. profit put in a bank
  11. spending
  12. a piggy bank for later
  13. talk to parents
  14. 15
  15. can I pay it back?
  16. buying a second juicer
  17. 960
  18. 324
  19. saving
  20. reinvesting
  21. 60
  22. 150
  23. reinvesting
  24. better paint for cards
  25. reinvesting
  26. saving
  27. 108
  28. putting profit back in
  29. 110
  30. spending
  31. 200
  32. saving
  33. 900
  34. 612
  35. 60
  36. 360
  37. 1089
  38. 150
  39. 70
  40. 8

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