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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 422 · 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) a piggy bank for later (b) more seeds for next time (c) a new video game (d) profit put in a bank
  2. 2.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) a new video game (d) more seeds for next time
  3. 3.Gurpreet’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.Riya’s stall made a profit of ₹1300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.💡 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?
  7. 7.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  8. 8.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  10. 10.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) better paint for cards (d) an emergency fund
  11. 11.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) sweets for yourself (d) profit put in a bank
  12. 12.Ishaan’s stall made a profit of ₹300. Ishaan saves 10% of it. How many rupees are saved?
  13. 13.Diya’s stall made a profit of ₹2000. Diya saves 10% of it. How many rupees are saved?
  14. 14.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  15. 15.Meera’s stall made a profit of ₹1800. Meera saves 10% of it. How many rupees are saved?
  16. 16.Kabir’s stall made a profit of ₹1300. Kabir saves 10% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) an emergency fund (d) a cinema ticket
  19. 19.Nisha’s stall made a profit of ₹400. Nisha saves 10% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  21. 21.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.Gurpreet’s stall made a profit of ₹700. Gurpreet saves 25% of it. How many rupees are saved?
  23. 23.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  24. 24.Which of these is reinvesting in the business? (a) better paint for cards (b) an emergency fund (c) a piggy bank for later (d) profit put in a bank
  25. 25.Rohan’s stall made a profit of ₹200. Rohan saves 20% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  28. 28.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  29. 29.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) a new video game (d) more seeds for next time
  30. 30.Vihaan’s stall made a profit of ₹1700. Vihaan saves 20% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Kabir’s stall made a profit of ₹300. Kabir saves 10% of it. How many rupees are saved?
  33. 33.Ananya’s stall made a profit of ₹1700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Dev’s stall made a profit of ₹800. Dev saves 20% of it. How many rupees are saved?
  36. 36.Aarav’s stall made a profit of ₹500. Aarav saves 25% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.Lakshmi’s stall made a profit of ₹2000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Ananya’s stall made a profit of ₹1600. Ananya saves 10% of it. How many rupees are saved?
  40. 40.Zoya’s stall made a profit of ₹900. Zoya saves 10% of it. How many rupees are saved?

Answer key

  1. more seeds for next time
  2. a piggy bank for later
  3. 350
  4. 520
  5. 1210
  6. can I pay it back?
  7. 345
  8. 20
  9. to keep trust
  10. a new video game
  11. sweets for yourself
  12. 30
  13. 200
  14. for bad days and goals
  15. 180
  16. 130
  17. 120
  18. a cinema ticket
  19. 40
  20. spending
  21. 381
  22. 175
  23. the cost of borrowing
  24. better paint for cards
  25. 40
  26. 20
  27. reinvesting
  28. talk to parents
  29. profit put in a bank
  30. 340
  31. 60
  32. 30
  33. 510
  34. 612
  35. 160
  36. 125
  37. 990
  38. 900
  39. 160
  40. 90

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