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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 77 · 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 saving? (a) profit put in a bank (b) buying a second juicer (c) more seeds for next time (d) better paint for cards
  2. 2.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  4. 4.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) an emergency fund (d) better paint for cards
  5. 5.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) an emergency fund (d) buying a second juicer
  6. 6.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) better paint for cards (d) a new video game
  7. 7.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  8. 8.Saanvi’s stall made a profit of ₹1200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) more seeds for next time (d) a cinema ticket
  10. 10.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  11. 11.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.Aarav’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  15. 15.Arjun’s stall made a profit of ₹2000. Arjun saves 25% of it. How many rupees are saved?
  16. 16.👪 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
  17. 17.Saanvi’s stall made a profit of ₹2000. Saanvi saves 10% of it. How many rupees are saved?
  18. 18.Meera’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?
  19. 19.Dev’s stall made a profit of ₹400. Dev saves 50% of it. How many rupees are saved?
  20. 20.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  21. 21.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.Arjun’s stall made a profit of ₹1900. Arjun saves 25% of it. How many rupees are saved?
  23. 23.Tara’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  25. 25.Dev’s stall made a profit of ₹1900. Dev saves 20% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  28. 28.Farhan’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Kavya’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.Rohan’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Riya’s stall made a profit of ₹2000. Riya saves 20% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Meera’s stall made a profit of ₹200. Meera saves 20% of it. How many rupees are saved?
  36. 36.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  37. 37.Tara’s stall made a profit of ₹500. Tara saves 10% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.Rohan’s stall made a profit of ₹1200. Rohan saves 25% of it. How many rupees are saved?
  40. 40.Saanvi’s stall made a profit of ₹500. Saanvi saves 20% of it. How many rupees are saved?

Answer key

  1. profit put in a bank
  2. to keep trust
  3. saving
  4. sweets for yourself
  5. buying a second juicer
  6. a new video game
  7. can I pay it back?
  8. 360
  9. more seeds for next time
  10. the cost of borrowing
  11. 20
  12. 480
  13. 115
  14. saving
  15. 500
  16. talk to parents
  17. 200
  18. 350
  19. 200
  20. putting profit back in
  21. 15
  22. 475
  23. 350
  24. reinvesting
  25. 380
  26. 321
  27. spending
  28. 300
  29. 100
  30. 950
  31. 1062
  32. 360
  33. 400
  34. 318
  35. 40
  36. saving
  37. 50
  38. 354
  39. 300
  40. 100

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