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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 562 · 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 cinema ticket (b) profit put in a bank (c) more seeds for next time (d) an emergency fund
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  3. 3.Saanvi’s stall made a profit of ₹300. Saanvi saves 25% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  5. 5.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) an emergency fund (d) a new video game
  6. 6.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  7. 7.👪 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
  8. 8.Aarav’s stall made a profit of ₹2000. Aarav saves 25% of it. How many rupees are saved?
  9. 9.Farhan’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  12. 12.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 ₹)?
  13. 13.Lakshmi’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Zoya’s stall made a profit of ₹1100. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) better paint for cards (d) more seeds for next time
  17. 17.Kavya’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Vihaan’s stall made a profit of ₹1100. Vihaan saves 10% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.Which of these is saving? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) a new video game
  24. 24.Farhan’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  26. 26.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  27. 27.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) buying a second juicer (d) sweets for yourself
  28. 28.Rohan’s stall made a profit of ₹1400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  31. 31.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Aarav’s stall made a profit of ₹2000. Aarav saves 10% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  35. 35.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Diya’s stall made a profit of ₹1500. Diya saves 20% of it. How many rupees are saved?
  37. 37.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  38. 38.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  39. 39.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  40. 40.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) profit put in a bank (d) sweets for yourself

Answer key

  1. more seeds for next time
  2. saving
  3. 75
  4. saving
  5. an emergency fund
  6. reinvesting
  7. talk to parents
  8. 500
  9. 360
  10. 515
  11. to keep trust
  12. 108
  13. 715
  14. 550
  15. 54
  16. profit put in a bank
  17. 125
  18. 110
  19. 448
  20. 32
  21. 36
  22. 432
  23. a piggy bank for later
  24. 90
  25. saving
  26. spending
  27. sweets for yourself
  28. 980
  29. 90
  30. can I pay it back?
  31. 8
  32. 200
  33. 390
  34. putting profit back in
  35. 40
  36. 300
  37. spending
  38. reinvesting
  39. for bad days and goals
  40. buying a second juicer

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