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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 608 · 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.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  3. 3.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) a piggy bank for later (d) buying a second juicer
  4. 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  5. 5.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  7. 7.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) sweets for yourself (d) more seeds for next time
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  9. 9.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  11. 11.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  12. 12.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  13. 13.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  14. 14.Kavya’s stall made a profit of ₹1300. Kavya saves 25% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.Tara’s stall made a profit of ₹500. 25% 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 ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Which of these is spending on yourself? (a) a new video game (b) more seeds for next time (c) buying a second juicer (d) better paint for cards
  20. 20.Arjun’s stall made a profit of ₹700. Arjun saves 10% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  22. 22.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  24. 24.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Which of these is reinvesting in the business? (a) better paint for cards (b) a new video game (c) profit put in a bank (d) an emergency fund
  26. 26.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Diya’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 spent?
  29. 29.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.Nisha’s stall made a profit of ₹2000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Arjun’s stall made a profit of ₹1700. Arjun saves 50% of it. How many rupees are saved?
  32. 32.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) profit put in a bank (d) sweets for yourself
  33. 33.Saanvi’s stall made a profit of ₹1700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Meera’s stall made a profit of ₹200. Meera saves 25% of it. How many rupees are saved?
  35. 35.Which of these is spending on yourself? (a) sweets for yourself (b) more seeds for next time (c) an emergency fund (d) a piggy bank for later
  36. 36.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  37. 37.Rohan’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  39. 39.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) better paint for cards
  40. 40.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. reinvesting
  2. spending
  3. buying a second juicer
  4. saving
  5. 6
  6. to keep trust
  7. more seeds for next time
  8. talk to parents
  9. 40
  10. for bad days and goals
  11. reinvesting
  12. spending
  13. putting profit back in
  14. 325
  15. 40
  16. 275
  17. 16
  18. 654
  19. a new video game
  20. 70
  21. saving
  22. 48
  23. reinvesting
  24. 28
  25. better paint for cards
  26. 20
  27. 742
  28. 210
  29. 992
  30. 800
  31. 850
  32. profit put in a bank
  33. 680
  34. 50
  35. sweets for yourself
  36. spending
  37. 480
  38. the cost of borrowing
  39. an emergency fund
  40. 1270

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