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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 723 · 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) reinvesting (c) saving
  2. 2.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) buying a second juicer (d) a new video game
  3. 3.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  4. 4.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) better paint for cards (d) buying a second juicer
  5. 5.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.Joseph’s stall made a profit of ₹1400. Joseph saves 10% of it. How many rupees are saved?
  7. 7.Aarav’s stall made a profit of ₹1000. Aarav saves 50% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.Which of these is reinvesting in the business? (a) a cinema ticket (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  11. 11.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 ₹)?
  12. 12.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) a new video game (d) sweets for yourself
  13. 13.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  14. 14.Riya’s stall made a profit of ₹1100. Riya saves 25% of it. How many rupees are saved?
  15. 15.Ananya’s stall made a profit of ₹1100. Ananya saves 25% of it. How many rupees are saved?
  16. 16.Riya’s stall made a profit of ₹1000. Riya saves 20% of it. How many rupees are saved?
  17. 17.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) a new video game (d) more seeds for next time
  18. 18.Which of these is saving? (a) more seeds for next time (b) a new video game (c) a cinema ticket (d) a piggy bank for later
  19. 19.Lakshmi’s stall made a profit of ₹1400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Ananya’s stall made a profit of ₹1800. Ananya saves 10% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  22. 22.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.Farhan’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Joseph’s stall made a profit of ₹1500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Dev’s stall made a profit of ₹700. Dev saves 10% of it. How many rupees are saved?
  27. 27.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
  28. 28.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) a cinema ticket (d) better paint for cards
  30. 30.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  31. 31.Diya’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 spent?
  32. 32.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 ₹)?
  33. 33.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.Kabir’s stall made a profit of ₹1800. Kabir saves 25% of it. How many rupees are saved?
  35. 35.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) a new video game (d) a piggy bank for later
  36. 36.Gurpreet’s stall made a profit of ₹200. Gurpreet saves 20% of it. How many rupees are saved?
  37. 37.Ishaan’s stall made a profit of ₹1700. Ishaan saves 10% of it. How many rupees are saved?
  38. 38.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  39. 39.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) how fast can I spend? (d) what is the logo?
  40. 40.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends

Answer key

  1. reinvesting
  2. buying a second juicer
  3. putting profit back in
  4. an emergency fund
  5. 472
  6. 140
  7. 500
  8. 954
  9. 108
  10. better paint for cards
  11. 218
  12. profit put in a bank
  13. talk to parents
  14. 275
  15. 275
  16. 200
  17. more seeds for next time
  18. a piggy bank for later
  19. 280
  20. 180
  21. spending
  22. 660
  23. 928
  24. 70
  25. 600
  26. 70
  27. for bad days and goals
  28. 54
  29. a cinema ticket
  30. saving
  31. 350
  32. 118
  33. 816
  34. 450
  35. a new video game
  36. 40
  37. 170
  38. the cost of borrowing
  39. can I pay it back?
  40. to keep trust

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