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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 377 · 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 saving? (a) a cinema ticket (b) profit put in a bank (c) buying a second juicer (d) more seeds for next time
  2. 2.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  3. 3.Diya’s stall made a profit of ₹1200. Diya saves 25% of it. How many rupees are saved?
  4. 4.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  5. 5.Rohan’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) no reason (d) to waste it later
  7. 7.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.Diya’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) an emergency fund (d) more seeds for next time
  12. 12.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  14. 14.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.Ishaan’s stall made a profit of ₹1600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  17. 17.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) to lose friends (d) it does not matter
  18. 18.Nisha’s stall made a profit of ₹800. Nisha saves 20% of it. How many rupees are saved?
  19. 19.Aarav’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 spent?
  20. 20.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) a new video game (d) more seeds for next time
  21. 21.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.Rohan’s stall made a profit of ₹1100. Rohan saves 20% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  24. 24.Aarav’s stall made a profit of ₹800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) sweets for yourself (d) a new video game
  26. 26.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  30. 30.Riya’s stall made a profit of ₹1300. Riya saves 20% of it. How many rupees are saved?
  31. 31.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) better paint for cards (d) sweets for yourself
  32. 32.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  34. 34.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) more seeds for next time (d) a new video game
  36. 36.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  37. 37.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  38. 38.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Meera’s stall made a profit of ₹1500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers

Answer key

  1. profit put in a bank
  2. spending
  3. 300
  4. the cost of borrowing
  5. 480
  6. for bad days and goals
  7. 600
  8. 100
  9. 80
  10. 30
  11. more seeds for next time
  12. 840
  13. putting profit back in
  14. 18
  15. 960
  16. spending
  17. to keep trust
  18. 160
  19. 90
  20. a piggy bank for later
  21. 189
  22. 220
  23. saving
  24. 320
  25. buying a second juicer
  26. 220
  27. 108
  28. 84
  29. spending
  30. 260
  31. better paint for cards
  32. 1180
  33. saving
  34. 54
  35. an emergency fund
  36. can I pay it back?
  37. saving
  38. 480
  39. 600
  40. talk to parents

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