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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 612 · 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 new video game (b) sweets for yourself (c) buying a second juicer (d) a cinema ticket
  2. 2.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  3. 3.Which of these is reinvesting in the business? (a) better paint for cards (b) an emergency fund (c) profit put in a bank (d) sweets for yourself
  4. 4.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.Ishaan’s stall made a profit of ₹1500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  7. 7.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  8. 8.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  9. 9.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  10. 10.Diya’s stall made a profit of ₹1000. Diya saves 20% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) an emergency fund (d) more seeds for next time
  14. 14.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  15. 15.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  17. 17.Saanvi’s stall made a profit of ₹1900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Rohan’s stall made a profit of ₹700. Rohan saves 50% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) more seeds for next time (d) sweets for yourself
  21. 21.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.Farhan’s stall made a profit of ₹700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Lakshmi’s stall made a profit of ₹1300. Lakshmi saves 50% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.Joseph’s stall made a profit of ₹1800. Joseph saves 10% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.Rohan’s stall made a profit of ₹700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  30. 30.Gurpreet’s stall made a profit of ₹1300. Gurpreet saves 25% of it. How many rupees are saved?
  31. 31.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 ₹)?
  32. 32.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  33. 33.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 ₹)?
  34. 34.Diya’s stall made a profit of ₹1400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) a new video game (d) a cinema ticket
  36. 36.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) profit put in a bank (d) sweets for yourself
  38. 38.Zoya’s stall made a profit of ₹1400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  40. 40.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. buying a second juicer
  2. spending
  3. better paint for cards
  4. 530
  5. 750
  6. saving
  7. spending
  8. to keep trust
  9. saving
  10. 200
  11. 40
  12. 70
  13. more seeds for next time
  14. putting profit back in
  15. 636
  16. for bad days and goals
  17. 760
  18. 350
  19. 81
  20. a piggy bank for later
  21. 60
  22. 140
  23. 650
  24. 1008
  25. 180
  26. 110
  27. 280
  28. 42
  29. can I pay it back?
  30. 325
  31. 208
  32. a cinema ticket
  33. 770
  34. 560
  35. an emergency fund
  36. 336
  37. profit put in a bank
  38. 630
  39. talk to parents
  40. 312

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