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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 627 · 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) a piggy bank for later (c) buying a second juicer (d) a cinema ticket
  2. 2.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  3. 3.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  4. 4.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  7. 7.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  8. 8.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) better paint for cards (d) a cinema ticket
  9. 9.Which of these is spending on yourself? (a) sweets for yourself (b) a piggy bank for later (c) more seeds for next time (d) better paint for cards
  10. 10.Dev’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) buying a second juicer (d) an emergency fund
  12. 12.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) sweets for yourself
  13. 13.Ishaan’s stall made a profit of ₹1900. Ishaan saves 25% of it. How many rupees are saved?
  14. 14.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  15. 15.Vihaan’s stall made a profit of ₹600. Vihaan saves 20% of it. How many rupees are saved?
  16. 16.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  17. 17.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  18. 18.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.Arjun’s stall made a profit of ₹700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.Diya’s stall made a profit of ₹2000. Diya saves 20% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  22. 22.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.Which of these is spending on yourself? (a) a new video game (b) more seeds for next time (c) a piggy bank for later (d) profit put in a bank
  24. 24.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  25. 25.Ananya’s stall made a profit of ₹1200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Diya’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Aarav’s stall made a profit of ₹800. Aarav saves 20% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  30. 30.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.Zoya’s stall made a profit of ₹1800. Zoya saves 10% of it. How many rupees are saved?
  36. 36.Joseph’s stall made a profit of ₹1300. Joseph saves 50% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) a cinema ticket (d) a piggy bank for later
  39. 39.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) more seeds for next time
  40. 40.Diya’s stall made a profit of ₹1700. Diya saves 25% of it. How many rupees are saved?

Answer key

  1. buying a second juicer
  2. saving
  3. for bad days and goals
  4. 24
  5. saving
  6. reinvesting
  7. 1300
  8. better paint for cards
  9. sweets for yourself
  10. 680
  11. an emergency fund
  12. profit put in a bank
  13. 475
  14. the cost of borrowing
  15. 120
  16. saving
  17. talk to parents
  18. 672
  19. 350
  20. 400
  21. reinvesting
  22. 40
  23. a new video game
  24. spending
  25. 480
  26. 825
  27. 160
  28. 35
  29. to keep trust
  30. 10
  31. 192
  32. 96
  33. 54
  34. 9
  35. 180
  36. 650
  37. 342
  38. a piggy bank for later
  39. a cinema ticket
  40. 425

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