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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 407 · 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) buying a second juicer (b) a cinema ticket (c) sweets for yourself (d) a piggy bank for later
  2. 2.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  3. 3.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  4. 4.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  5. 5.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) a piggy bank for later
  6. 6.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
  7. 7.Diya’s stall made a profit of ₹900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) a cinema ticket (d) an emergency fund
  9. 9.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  10. 10.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  11. 11.Ishaan’s stall made a profit of ₹400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  13. 13.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.Rohan’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 spent?
  15. 15.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  16. 16.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 spent?
  17. 17.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  20. 20.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  21. 21.Zoya’s stall made a profit of ₹1700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) a new video game (d) buying a second juicer
  25. 25.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  26. 26.Ananya’s stall made a profit of ₹1800. Ananya saves 50% of it. How many rupees are saved?
  27. 27.👪 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
  28. 28.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Zoya’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.Kavya’s stall made a profit of ₹1000. Kavya saves 10% of it. How many rupees are saved?
  31. 31.Diya’s stall made a profit of ₹200. Diya saves 20% of it. How many rupees are saved?
  32. 32.Kavya’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Lakshmi’s stall made a profit of ₹1300. Lakshmi saves 10% of it. How many rupees are saved?
  35. 35.Tara’s stall made a profit of ₹300. Tara saves 10% of it. How many rupees are saved?
  36. 36.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) a new video game (d) buying a second juicer
  37. 37.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Meera’s stall made a profit of ₹1900. Meera saves 20% of it. How many rupees are saved?
  39. 39.Aarav’s stall made a profit of ₹400. Aarav saves 50% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. a piggy bank for later
  2. putting profit back in
  3. reinvesting
  4. saving
  5. better paint for cards
  6. an emergency fund
  7. 225
  8. a cinema ticket
  9. for bad days and goals
  10. can I pay it back?
  11. 200
  12. spending
  13. 342
  14. 630
  15. the cost of borrowing
  16. 1080
  17. 981
  18. 545
  19. saving
  20. to keep trust
  21. 595
  22. 1143
  23. 575
  24. a new video game
  25. spending
  26. 900
  27. talk to parents
  28. 1170
  29. 200
  30. 100
  31. 40
  32. 570
  33. 120
  34. 130
  35. 30
  36. buying a second juicer
  37. 24
  38. 380
  39. 200
  40. 24

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