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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 800 · 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 new video game (b) buying a second juicer (c) sweets for yourself (d) profit put in a bank
  2. 2.Rohan’s stall made a profit of ₹2000. Rohan saves 50% of it. How many rupees are saved?
  3. 3.Which of these is saving? (a) sweets for yourself (b) a new video game (c) more seeds for next time (d) an emergency fund
  4. 4.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  5. 5.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  7. 7.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) a new video game (d) a piggy bank for later
  8. 8.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a piggy bank for later (d) better paint for cards
  10. 10.Meera’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 spent?
  11. 11.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  12. 12.Which of these is saving? (a) profit put in a bank (b) a new video game (c) more seeds for next time (d) better paint for cards
  13. 13.Vihaan’s stall made a profit of ₹300. Vihaan saves 25% of it. How many rupees are saved?
  14. 14.Nisha’s stall made a profit of ₹1300. Nisha saves 50% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.Zoya’s stall made a profit of ₹1600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  18. 18.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.Saanvi’s stall made a profit of ₹1200. Saanvi saves 20% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  22. 22.Lakshmi’s stall made a profit of ₹1600. Lakshmi saves 10% of it. How many rupees are saved?
  23. 23.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) more seeds for next time (d) a piggy bank for later
  24. 24.Dev’s stall made a profit of ₹700. Dev saves 25% of it. How many rupees are saved?
  25. 25.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) buying a second juicer
  26. 26.Saanvi’s stall made a profit of ₹1300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Arjun’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  29. 29.Farhan’s stall made a profit of ₹600. Farhan saves 50% of it. How many rupees are saved?
  30. 30.Meera’s stall made a profit of ₹1100. Meera saves 20% of it. How many rupees are saved?
  31. 31.Riya’s stall made a profit of ₹1100. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Kavya’s stall made a profit of ₹600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  34. 34.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  35. 35.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  39. 39.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) a cinema ticket (d) a new video game
  40. 40.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending

Answer key

  1. buying a second juicer
  2. 1000
  3. an emergency fund
  4. saving
  5. putting profit back in
  6. talk to parents
  7. a new video game
  8. 49
  9. a piggy bank for later
  10. 760
  11. spending
  12. profit put in a bank
  13. 75
  14. 650
  15. 1120
  16. 640
  17. for bad days and goals
  18. 54
  19. 240
  20. 424
  21. to keep trust
  22. 160
  23. more seeds for next time
  24. 175
  25. a cinema ticket
  26. 650
  27. 120
  28. the cost of borrowing
  29. 300
  30. 220
  31. 495
  32. 360
  33. spending
  34. reinvesting
  35. 118
  36. 128
  37. 889
  38. can I pay it back?
  39. better paint for cards
  40. saving

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