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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 71 · 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.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  2. 2.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  3. 3.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) better paint for cards (d) more seeds for next time
  4. 4.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) a cinema ticket (d) a new video game
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  6. 6.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.Kavya’s stall made a profit of ₹900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.Which of these is reinvesting in the business? (a) better paint for cards (b) a cinema ticket (c) a new video game (d) profit put in a bank
  9. 9.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) profit put in a bank (d) a new video game
  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) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  12. 12.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  14. 14.Farhan’s stall made a profit of ₹700. Farhan saves 20% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  18. 18.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) a new video game (d) sweets for yourself
  19. 19.Dev’s stall made a profit of ₹1000. Dev saves 10% of it. How many rupees are saved?
  20. 20.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  21. 21.Joseph’s stall made a profit of ₹400. Joseph saves 20% of it. How many rupees are saved?
  22. 22.Kabir’s stall made a profit of ₹1100. Kabir saves 50% of it. How many rupees are saved?
  23. 23.Vihaan’s stall made a profit of ₹1300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Gurpreet’s stall made a profit of ₹300. Gurpreet saves 25% of it. How many rupees are saved?
  27. 27.Arjun’s stall made a profit of ₹1100. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  29. 29.Arjun’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Ananya’s stall made a profit of ₹1800. Ananya saves 50% of it. How many rupees are saved?
  31. 31.Lakshmi’s stall made a profit of ₹1800. Lakshmi saves 25% of it. How many rupees are saved?
  32. 32.Meera’s stall made a profit of ₹200. Meera saves 50% of it. How many rupees are saved?
  33. 33.Which of these is reinvesting in the business? (a) more seeds for next time (b) a new video game (c) an emergency fund (d) profit put in a bank
  34. 34.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  39. 39.Meera’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Ishaan’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. reinvesting
  2. the cost of borrowing
  3. a cinema ticket
  4. profit put in a bank
  5. saving
  6. 84
  7. 450
  8. better paint for cards
  9. a new video game
  10. saving
  11. talk to parents
  12. 27
  13. for bad days and goals
  14. 140
  15. 63
  16. 48
  17. putting profit back in
  18. a piggy bank for later
  19. 100
  20. can I pay it back?
  21. 80
  22. 550
  23. 520
  24. 20
  25. 864
  26. 75
  27. 550
  28. reinvesting
  29. 60
  30. 900
  31. 450
  32. 100
  33. more seeds for next time
  34. 90
  35. 2
  36. 102
  37. 25
  38. spending
  39. 300
  40. 300

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