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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 314 · 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.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  2. 2.Rohan’s stall made a profit of ₹1600. Rohan saves 10% of it. How many rupees are saved?
  3. 3.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  4. 4.Which of these is reinvesting in the business? (a) more seeds for next time (b) an emergency fund (c) a piggy bank for later (d) a cinema ticket
  5. 5.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  6. 6.Nisha’s stall made a profit of ₹500. Nisha saves 25% of it. How many rupees are saved?
  7. 7.Aarav’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) a new video game (d) more seeds for next time
  9. 9.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.💡 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?
  11. 11.Kabir’s stall made a profit of ₹1800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  13. 13.Tara’s stall made a profit of ₹1100. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  15. 15.Farhan’s stall made a profit of ₹500. Farhan saves 20% of it. How many rupees are saved?
  16. 16.Riya’s stall made a profit of ₹1600. Riya saves 25% of it. How many rupees are saved?
  17. 17.Tara’s stall made a profit of ₹700. Tara saves 20% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) profit put in a bank (d) buying a second juicer
  20. 20.🐷 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
  21. 21.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  22. 22.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  23. 23.Ananya’s stall made a profit of ₹500. Ananya saves 50% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  26. 26.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) a piggy bank for later (d) an emergency fund
  27. 27.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) better paint for cards (d) a cinema ticket
  29. 29.Zoya’s stall made a profit of ₹1800. Zoya saves 25% of it. How many rupees are saved?
  30. 30.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  31. 31.Saanvi’s stall made a profit of ₹800. Saanvi saves 20% of it. How many rupees are saved?
  32. 32.Which of these is saving? (a) more seeds for next time (b) a new video game (c) a piggy bank for later (d) sweets for yourself
  33. 33.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Aarav’s stall made a profit of ₹700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Tara’s stall made a profit of ₹1100. Tara saves 50% of it. How many rupees are saved?
  36. 36.Dev’s stall made a profit of ₹1700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Diya’s stall made a profit of ₹1700. Diya saves 10% of it. How many rupees are saved?
  38. 38.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  39. 39.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  40. 40.Saanvi’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. the cost of borrowing
  2. 160
  3. to keep trust
  4. more seeds for next time
  5. saving
  6. 125
  7. 250
  8. a new video game
  9. 832
  10. can I pay it back?
  11. 720
  12. saving
  13. 330
  14. talk to parents
  15. 100
  16. 400
  17. 140
  18. 21
  19. profit put in a bank
  20. for bad days and goals
  21. spending
  22. reinvesting
  23. 250
  24. 618
  25. reinvesting
  26. buying a second juicer
  27. 36
  28. a cinema ticket
  29. 450
  30. spending
  31. 160
  32. a piggy bank for later
  33. 60
  34. 280
  35. 550
  36. 340
  37. 170
  38. putting profit back in
  39. saving
  40. 360

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