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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 590 · 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 spending on yourself? (a) profit put in a bank (b) an emergency fund (c) buying a second juicer (d) a new video game
  2. 2.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) a new video game (d) a piggy bank for later
  3. 3.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  4. 4.Saanvi’s stall made a profit of ₹900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.Arjun’s stall made a profit of ₹1500. Arjun saves 50% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) better paint for cards (d) a piggy bank for later
  11. 11.Farhan’s stall made a profit of ₹900. Farhan saves 10% of it. How many rupees are saved?
  12. 12.Which of these is saving? (a) more seeds for next time (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
  13. 13.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  14. 14.👪 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
  15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  16. 16.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 ₹)?
  17. 17.Farhan’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  19. 19.Ishaan’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  21. 21.Farhan’s stall made a profit of ₹1300. Farhan saves 10% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.Zoya’s stall made a profit of ₹1400. Zoya saves 10% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  26. 26.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  27. 27.Kabir’s stall made a profit of ₹1800. Kabir saves 50% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.Aarav’s stall made a profit of ₹1400. Aarav saves 10% of it. How many rupees are saved?
  30. 30.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) profit put in a bank (d) buying a second juicer
  31. 31.Dev’s stall made a profit of ₹1100. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Saanvi’s stall made a profit of ₹1700. Saanvi saves 50% of it. How many rupees are saved?
  33. 33.Vihaan’s stall made a profit of ₹900. Vihaan saves 20% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) to lose friends (d) it does not matter
  36. 36.Lakshmi’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?
  37. 37.Ishaan’s stall made a profit of ₹500. Ishaan saves 20% of it. How many rupees are saved?
  38. 38.Vihaan’s stall made a profit of ₹1600. Vihaan saves 25% of it. How many rupees are saved?
  39. 39.Arjun’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals

Answer key

  1. a new video game
  2. a piggy bank for later
  3. reinvesting
  4. 315
  5. 8
  6. 750
  7. 660
  8. 102
  9. 990
  10. better paint for cards
  11. 90
  12. profit put in a bank
  13. reinvesting
  14. talk to parents
  15. spending
  16. 208
  17. 140
  18. spending
  19. 720
  20. putting profit back in
  21. 130
  22. 3
  23. 140
  24. 109
  25. the cost of borrowing
  26. saving
  27. 900
  28. 770
  29. 140
  30. buying a second juicer
  31. 770
  32. 850
  33. 180
  34. 30
  35. to keep trust
  36. 570
  37. 100
  38. 400
  39. 100
  40. for bad days and goals

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