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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 706 · 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) an emergency fund (b) a piggy bank for later (c) profit put in a bank (d) buying a second juicer
  2. 2.Which of these is spending on yourself? (a) buying a second juicer (b) a new video game (c) an emergency fund (d) profit put in a bank
  3. 3.Which of these is reinvesting in the business? (a) an emergency fund (b) more seeds for next time (c) a new video game (d) profit put in a bank
  4. 4.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.Ananya’s stall made a profit of ₹1500. Ananya saves 25% of it. How many rupees are saved?
  6. 6.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) to pay more interest (d) it does not matter
  8. 8.Arjun’s stall made a profit of ₹1800. Arjun saves 25% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) buying a second juicer (d) an emergency fund
  11. 11.Gurpreet’s stall made a profit of ₹1700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.Saanvi’s stall made a profit of ₹1300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) sweets for yourself (d) an emergency fund
  14. 14.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  15. 15.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  16. 16.Kavya’s stall made a profit of ₹2000. Kavya saves 20% of it. How many rupees are saved?
  17. 17.💡 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
  18. 18.Meera’s stall made a profit of ₹1500. Meera saves 10% of it. How many rupees are saved?
  19. 19.Tara’s stall made a profit of ₹2000. Tara saves 25% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  21. 21.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
  22. 22.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.Which of these is saving? (a) more seeds for next time (b) a new video game (c) better paint for cards (d) an emergency fund
  24. 24.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  26. 26.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Diya’s stall made a profit of ₹200. Diya saves 50% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  29. 29.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  32. 32.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  33. 33.Diya’s stall made a profit of ₹1600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  35. 35.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.Kabir’s stall made a profit of ₹800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) take it secretly (d) borrow online alone
  39. 39.Lakshmi’s stall made a profit of ₹1600. Lakshmi saves 50% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. buying a second juicer
  2. a new video game
  3. more seeds for next time
  4. 540
  5. 375
  6. 236
  7. to keep trust
  8. 450
  9. 624
  10. a cinema ticket
  11. 850
  12. 455
  13. better paint for cards
  14. reinvesting
  15. putting profit back in
  16. 400
  17. can I pay it back?
  18. 150
  19. 500
  20. spending
  21. profit put in a bank
  22. 1080
  23. an emergency fund
  24. 1116
  25. the cost of borrowing
  26. 42
  27. 100
  28. 243
  29. 1026
  30. 54
  31. for bad days and goals
  32. saving
  33. 480
  34. saving
  35. 45
  36. 218
  37. 200
  38. talk to parents
  39. 800
  40. 212

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