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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 724 · 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) a cinema ticket (b) more seeds for next time (c) an emergency fund (d) profit put in a bank
  2. 2.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  4. 4.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  7. 7.Saanvi’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  9. 9.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) sweets for yourself (d) a cinema ticket
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  11. 11.Aarav’s stall made a profit of ₹1100. Aarav saves 25% of it. How many rupees are saved?
  12. 12.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  13. 13.Riya’s stall made a profit of ₹1700. Riya saves 10% of it. How many rupees are saved?
  14. 14.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) better paint for cards (d) more seeds for next time
  15. 15.Zoya’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  17. 17.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 ₹)?
  18. 18.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) profit put in a bank (d) a new video game
  19. 19.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  20. 20.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  22. 22.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) a new video game (d) better paint for cards
  24. 24.Joseph’s stall made a profit of ₹700. Joseph saves 20% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  27. 27.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.Gurpreet’s stall made a profit of ₹1500. Gurpreet saves 50% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Farhan’s stall made a profit of ₹1700. Farhan saves 20% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) a new video game (d) better paint for cards
  34. 34.Joseph’s stall made a profit of ₹1100. Joseph saves 20% of it. How many rupees are saved?
  35. 35.Aarav’s stall made a profit of ₹1900. Aarav saves 10% of it. How many rupees are saved?
  36. 36.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  37. 37.Rohan’s stall made a profit of ₹1300. Rohan saves 20% of it. How many rupees are saved?
  38. 38.Saanvi’s stall made a profit of ₹800. Saanvi saves 50% of it. How many rupees are saved?
  39. 39.Riya’s stall made a profit of ₹400. Riya saves 20% of it. How many rupees are saved?
  40. 40.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust

Answer key

  1. more seeds for next time
  2. 1090
  3. saving
  4. 840
  5. the cost of borrowing
  6. saving
  7. 240
  8. reinvesting
  9. buying a second juicer
  10. saving
  11. 275
  12. talk to parents
  13. 170
  14. a cinema ticket
  15. 240
  16. reinvesting
  17. 102
  18. a new video game
  19. spending
  20. 327
  21. reinvesting
  22. 312
  23. profit put in a bank
  24. 140
  25. 128
  26. putting profit back in
  27. 1030
  28. 750
  29. 216
  30. 340
  31. 60
  32. 12
  33. better paint for cards
  34. 220
  35. 190
  36. sweets for yourself
  37. 260
  38. 400
  39. 80
  40. to keep trust

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