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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 770 · 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) an emergency fund (b) a cinema ticket (c) a new video game (d) buying a second juicer
  2. 2.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) more seeds for next time (d) buying a second juicer
  3. 3.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  5. 5.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.Which of these is spending on yourself? (a) a new video game (b) more seeds for next time (c) buying a second juicer (d) profit put in a bank
  7. 7.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) saving is a loss (d) no reason
  8. 8.Diya’s stall made a profit of ₹200. Diya saves 25% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) ask strangers (d) take it secretly
  11. 11.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  12. 12.Kavya’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) a piggy bank for later (d) a cinema ticket
  15. 15.Which of these is saving? (a) profit put in a bank (b) better paint for cards (c) more seeds for next time (d) a new video game
  16. 16.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Rohan’s stall made a profit of ₹200. Rohan saves 20% of it. How many rupees are saved?
  18. 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  19. 19.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  21. 21.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) to pay more interest (d) it does not matter
  22. 22.Kavya’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  24. 24.Kavya’s stall made a profit of ₹1300. Kavya saves 50% of it. How many rupees are saved?
  25. 25.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  26. 26.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  27. 27.Meera’s stall made a profit of ₹1900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.Ananya’s stall made a profit of ₹700. Ananya saves 20% of it. How many rupees are saved?
  30. 30.Rohan’s stall made a profit of ₹700. Rohan saves 25% of it. How many rupees are saved?
  31. 31.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) profit put in a bank (d) a piggy bank for later
  32. 32.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Vihaan’s stall made a profit of ₹1400. Vihaan saves 25% of it. How many rupees are saved?
  34. 34.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) more seeds for next time (d) a new video game
  35. 35.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Which of these is spending on yourself? (a) an emergency fund (b) sweets for yourself (c) better paint for cards (d) profit put in a bank
  37. 37.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  38. 38.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Diya’s stall made a profit of ₹800. Diya saves 10% of it. How many rupees are saved?
  40. 40.Aarav’s stall made a profit of ₹700. Aarav saves 50% of it. How many rupees are saved?

Answer key

  1. buying a second juicer
  2. an emergency fund
  3. 236
  4. reinvesting
  5. 10
  6. a new video game
  7. for bad days and goals
  8. 50
  9. 110
  10. talk to parents
  11. putting profit back in
  12. 360
  13. 12
  14. a piggy bank for later
  15. profit put in a bank
  16. 784
  17. 40
  18. saving
  19. 100
  20. saving
  21. to keep trust
  22. 560
  23. can I pay it back?
  24. 650
  25. the cost of borrowing
  26. spending
  27. 380
  28. 70
  29. 140
  30. 175
  31. a cinema ticket
  32. 636
  33. 350
  34. more seeds for next time
  35. 54
  36. sweets for yourself
  37. reinvesting
  38. 32
  39. 80
  40. 350

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