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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 644 · 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) better paint for cards (b) an emergency fund (c) a cinema ticket (d) a new video game
  2. 2.Diya’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 reinvested?
  3. 3.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  4. 4.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) more seeds for next time (d) a new video game
  5. 5.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) better paint for cards (d) sweets for yourself
  6. 6.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  8. 8.Which of these is saving? (a) better paint for cards (b) a new video game (c) a cinema ticket (d) profit put in a bank
  9. 9.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  10. 10.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  12. 12.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.🐷 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
  14. 14.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) sweets for yourself (d) a piggy bank for later
  15. 15.Vihaan’s stall made a profit of ₹1700. Vihaan saves 10% of it. How many rupees are saved?
  16. 16.Gurpreet’s stall made a profit of ₹700. Gurpreet saves 25% of it. How many rupees are saved?
  17. 17.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) an emergency fund (d) better paint for cards
  18. 18.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.Kavya’s stall made a profit of ₹1500. Kavya saves 50% of it. How many rupees are saved?
  20. 20.Kabir’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.Tara’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  24. 24.Aarav’s stall made a profit of ₹200. Aarav saves 25% of it. How many rupees are saved?
  25. 25.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  26. 26.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  27. 27.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  28. 28.Tara’s stall made a profit of ₹1000. Tara saves 20% of it. How many rupees are saved?
  29. 29.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) sweets for yourself (d) a cinema ticket
  30. 30.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Vihaan’s stall made a profit of ₹1000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) a new video game (d) better paint for cards
  34. 34.Rohan’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  38. 38.Nisha’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Ishaan’s stall made a profit of ₹1100. Ishaan saves 10% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. better paint for cards
  2. 1000
  3. putting profit back in
  4. more seeds for next time
  5. a piggy bank for later
  6. 660
  7. can I pay it back?
  8. profit put in a bank
  9. spending
  10. saving
  11. talk to parents
  12. 472
  13. for bad days and goals
  14. sweets for yourself
  15. 170
  16. 175
  17. a cinema ticket
  18. 120
  19. 750
  20. 100
  21. 72
  22. 600
  23. reinvesting
  24. 50
  25. to keep trust
  26. reinvesting
  27. the cost of borrowing
  28. 200
  29. buying a second juicer
  30. 108
  31. 210
  32. 400
  33. a new video game
  34. 550
  35. 118
  36. 636
  37. saving
  38. 300
  39. 110
  40. 1070

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