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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 751 · 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) more seeds for next time (b) an emergency fund (c) a cinema ticket (d) a piggy bank for later
  2. 2.Ananya’s stall made a profit of ₹900. Ananya saves 10% of it. How many rupees are saved?
  3. 3.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  4. 4.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) more seeds for next time (d) sweets for yourself
  7. 7.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  9. 9.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) a piggy bank for later (d) buying a second juicer
  10. 10.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) better paint for cards (d) sweets for yourself
  12. 12.Farhan’s stall made a profit of ₹700. Farhan saves 20% of it. How many rupees are saved?
  13. 13.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  14. 14.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.Kabir’s stall made a profit of ₹600. Kabir saves 10% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.Which of these is reinvesting in the business? (a) buying a second juicer (b) profit put in a bank (c) a cinema ticket (d) sweets for yourself
  18. 18.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  19. 19.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  21. 21.Lakshmi’s stall made a profit of ₹1200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
  23. 23.Which of these is saving? (a) an emergency fund (b) more seeds for next time (c) better paint for cards (d) sweets for yourself
  24. 24.Aarav’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
  28. 28.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) sweets for yourself (d) more seeds for next time
  29. 29.Farhan’s stall made a profit of ₹1800. Farhan saves 25% of it. How many rupees are saved?
  30. 30.Ishaan’s stall made a profit of ₹1200. Ishaan saves 20% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  32. 32.Rohan’s stall made a profit of ₹1500. Rohan saves 10% of it. How many rupees are saved?
  33. 33.Joseph’s stall made a profit of ₹800. Joseph saves 25% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  36. 36.Ananya’s stall made a profit of ₹400. Ananya saves 10% of it. How many rupees are saved?
  37. 37.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) buying a second juicer (d) more seeds for next time
  38. 38.Gurpreet’s stall made a profit of ₹1600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Joseph’s stall made a profit of ₹2000. Joseph saves 10% of it. How many rupees are saved?

Answer key

  1. more seeds for next time
  2. 90
  3. spending
  4. 121
  5. 936
  6. profit put in a bank
  7. saving
  8. saving
  9. a cinema ticket
  10. 21
  11. better paint for cards
  12. 140
  13. the cost of borrowing
  14. 912
  15. 60
  16. 960
  17. buying a second juicer
  18. can I pay it back?
  19. 18
  20. reinvesting
  21. 480
  22. talk to parents
  23. an emergency fund
  24. 600
  25. 40
  26. 954
  27. for bad days and goals
  28. sweets for yourself
  29. 450
  30. 240
  31. reinvesting
  32. 150
  33. 200
  34. 8
  35. reinvesting
  36. 40
  37. a piggy bank for later
  38. 640
  39. 684
  40. 200

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