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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 683 · 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.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
  2. 2.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) more seeds for next time (d) sweets for yourself
  3. 3.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) a cinema ticket (d) a piggy bank for later
  4. 4.Gurpreet’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 spent?
  5. 5.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  6. 6.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  7. 7.Diya’s stall made a profit of ₹400. Diya saves 10% of it. How many rupees are saved?
  8. 8.Farhan’s stall made a profit of ₹1400. Farhan saves 10% of it. How many rupees are saved?
  9. 9.Riya’s stall made a profit of ₹600. Riya saves 25% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) a cinema ticket (d) profit put in a bank
  12. 12.Farhan’s stall made a profit of ₹300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Saanvi’s stall made a profit of ₹900. Saanvi saves 20% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  15. 15.Dev’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?
  16. 16.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) a new video game (d) more seeds for next time
  17. 17.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.Nisha’s stall made a profit of ₹400. Nisha saves 10% of it. How many rupees are saved?
  19. 19.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) a piggy bank for later (d) profit put in a bank
  20. 20.Farhan’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) a new video game (d) buying a second juicer
  22. 22.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to pay more interest (d) to keep trust
  24. 24.Ishaan’s stall made a profit of ₹1400. Ishaan saves 10% of it. How many rupees are saved?
  25. 25.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  26. 26.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.Riya’s stall made a profit of ₹1100. Riya saves 20% of it. How many rupees are saved?
  28. 28.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  29. 29.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  31. 31.Vihaan’s stall made a profit of ₹1000. Vihaan saves 50% of it. How many rupees are saved?
  32. 32.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  33. 33.Diya’s stall made a profit of ₹500. Diya saves 50% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Tara’s stall made a profit of ₹500. Tara saves 20% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Aarav’s stall made a profit of ₹400. Aarav saves 50% of it. How many rupees are saved?
  38. 38.Kabir’s stall made a profit of ₹600. Kabir saves 20% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting

Answer key

  1. for bad days and goals
  2. a piggy bank for later
  3. a cinema ticket
  4. 490
  5. can I pay it back?
  6. saving
  7. 40
  8. 140
  9. 150
  10. 30
  11. profit put in a bank
  12. 120
  13. 180
  14. saving
  15. 100
  16. more seeds for next time
  17. 642
  18. 40
  19. sweets for yourself
  20. 180
  21. buying a second juicer
  22. 798
  23. to keep trust
  24. 140
  25. talk to parents
  26. 510
  27. 220
  28. putting profit back in
  29. 12
  30. reinvesting
  31. 500
  32. saving
  33. 250
  34. 216
  35. 100
  36. 10
  37. 200
  38. 120
  39. 330
  40. spending

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