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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 385 · 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 reinvesting in the business? (a) an emergency fund (b) a new video game (c) a cinema ticket (d) more seeds for next time
  2. 2.Joseph’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.Gurpreet’s stall made a profit of ₹1700. Gurpreet saves 25% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  5. 5.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) ask strangers (d) borrow online alone
  6. 6.Rohan’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.Meera’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?
  8. 8.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  10. 10.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  11. 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  12. 12.Which of these is saving? (a) a new video game (b) better paint for cards (c) more seeds for next time (d) profit put in a bank
  13. 13.Dev’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) profit put in a bank (d) buying a second juicer
  15. 15.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  18. 18.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  20. 20.Ananya’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.Lakshmi’s stall made a profit of ₹500. Lakshmi saves 20% of it. How many rupees are saved?
  24. 24.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  25. 25.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Rohan’s stall made a profit of ₹1800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  30. 30.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  32. 32.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) a new video game (d) a piggy bank for later
  34. 34.Nisha’s stall made a profit of ₹1800. Nisha saves 10% of it. How many rupees are saved?
  35. 35.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) a new video game (d) better paint for cards
  36. 36.Zoya’s stall made a profit of ₹1800. Zoya saves 20% of it. How many rupees are saved?
  37. 37.Ishaan’s stall made a profit of ₹1900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Which of these is saving? (a) buying a second juicer (b) a new video game (c) an emergency fund (d) sweets for yourself
  39. 39.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Ananya’s stall made a profit of ₹400. Ananya saves 25% of it. How many rupees are saved?

Answer key

  1. more seeds for next time
  2. 60
  3. 425
  4. reinvesting
  5. talk to parents
  6. 520
  7. 800
  8. the cost of borrowing
  9. spending
  10. can I pay it back?
  11. reinvesting
  12. profit put in a bank
  13. 180
  14. a new video game
  15. 121
  16. 30
  17. putting profit back in
  18. 1060
  19. spending
  20. 110
  21. 1116
  22. 826
  23. 100
  24. to keep trust
  25. 114
  26. 360
  27. 208
  28. 784
  29. saving
  30. 208
  31. for bad days and goals
  32. 912
  33. a piggy bank for later
  34. 180
  35. better paint for cards
  36. 360
  37. 950
  38. an emergency fund
  39. 18
  40. 100

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