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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 369 · 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.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  2. 2.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  3. 3.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  5. 5.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  6. 6.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) sweets for yourself (d) profit put in a bank
  7. 7.Kavya’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.Meera’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  10. 10.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  11. 11.Kavya’s stall made a profit of ₹500. Kavya saves 25% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) a cinema ticket (d) an emergency fund
  14. 14.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  15. 15.Ishaan’s stall made a profit of ₹2000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  19. 19.Rohan’s stall made a profit of ₹1900. Rohan saves 20% of it. How many rupees are saved?
  20. 20.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 ₹)?
  21. 21.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.Lakshmi’s stall made a profit of ₹800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Kavya’s stall made a profit of ₹1200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  28. 28.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  29. 29.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  30. 30.Aarav’s stall made a profit of ₹500. Aarav saves 20% of it. How many rupees are saved?
  31. 31.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 50% of it. How many rupees are saved?
  32. 32.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) better paint for cards
  33. 33.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) sweets for yourself (d) an emergency fund
  34. 34.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) a piggy bank for later
  35. 35.Kabir’s stall made a profit of ₹1600. Kabir saves 20% of it. How many rupees are saved?
  36. 36.Arjun’s stall made a profit of ₹1900. Arjun saves 10% of it. How many rupees are saved?
  37. 37.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  38. 38.Rohan’s stall made a profit of ₹1900. Rohan saves 50% of it. How many rupees are saved?
  39. 39.Which of these is reinvesting in the business? (a) better paint for cards (b) sweets for yourself (c) a new video game (d) a piggy bank for later
  40. 40.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone

Answer key

  1. putting profit back in
  2. for bad days and goals
  3. 10
  4. reinvesting
  5. to keep trust
  6. more seeds for next time
  7. 600
  8. 240
  9. can I pay it back?
  10. the cost of borrowing
  11. 125
  12. 96
  13. an emergency fund
  14. reinvesting
  15. 800
  16. 14
  17. 424
  18. spending
  19. 380
  20. 832
  21. 230
  22. 400
  23. 720
  24. 14
  25. 36
  26. 27
  27. saving
  28. spending
  29. buying a second juicer
  30. 100
  31. 300
  32. profit put in a bank
  33. sweets for yourself
  34. a new video game
  35. 320
  36. 190
  37. saving
  38. 950
  39. better paint for cards
  40. talk to parents

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