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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 716 · 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: an emergency fund? (a) spending (b) reinvesting (c) saving
  2. 2.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) an emergency fund
  3. 3.Vihaan’s stall made a profit of ₹700. Vihaan saves 50% of it. How many rupees are saved?
  4. 4.Ishaan’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 spent?
  5. 5.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  6. 6.Kabir’s stall made a profit of ₹500. Kabir saves 10% of it. How many rupees are saved?
  7. 7.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) an emergency fund (d) a new video game
  8. 8.Farhan’s stall made a profit of ₹1700. Farhan saves 20% of it. How many rupees are saved?
  9. 9.Gurpreet’s stall made a profit of ₹1800. Gurpreet saves 50% of it. How many rupees are saved?
  10. 10.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) an emergency fund
  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.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  14. 14.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  15. 15.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  18. 18.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  20. 20.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) a piggy bank for later (d) a cinema ticket
  21. 21.💡 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?
  22. 22.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) no reason (d) to waste it later
  23. 23.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  24. 24.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  25. 25.Dev’s stall made a profit of ₹1900. Dev saves 50% of it. How many rupees are saved?
  26. 26.Vihaan’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) more seeds for next time (d) better paint for cards
  28. 28.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  29. 29.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) more seeds for next time (d) an emergency fund
  30. 30.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) profit put in a bank (d) sweets for yourself
  31. 31.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Which of these is reinvesting in the business? (a) better paint for cards (b) an emergency fund (c) profit put in a bank (d) a cinema ticket
  33. 33.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.Ishaan’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) an emergency fund (d) more seeds for next time
  38. 38.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.Lakshmi’s stall made a profit of ₹1900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. saving
  2. more seeds for next time
  3. 350
  4. 350
  5. putting profit back in
  6. 50
  7. a new video game
  8. 340
  9. 900
  10. buying a second juicer
  11. talk to parents
  12. saving
  13. spending
  14. spending
  15. 336
  16. 424
  17. the cost of borrowing
  18. 208
  19. saving
  20. a piggy bank for later
  21. can I pay it back?
  22. for bad days and goals
  23. to keep trust
  24. reinvesting
  25. 950
  26. 840
  27. a cinema ticket
  28. spending
  29. sweets for yourself
  30. profit put in a bank
  31. 10
  32. better paint for cards
  33. 20
  34. 696
  35. 420
  36. 32
  37. an emergency fund
  38. 80
  39. 380
  40. 812

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