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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 808 · 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) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) sweets for yourself
  2. 2.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  3. 3.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  4. 4.Riya’s stall made a profit of ₹200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  6. 6.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  9. 9.Meera’s stall made a profit of ₹300. Meera saves 50% of it. How many rupees are saved?
  10. 10.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  11. 11.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  13. 13.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  14. 14.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.Diya’s stall made a profit of ₹1700. Diya saves 50% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.Dev’s stall made a profit of ₹1800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Riya’s stall made a profit of ₹1200. Riya saves 10% of it. How many rupees are saved?
  19. 19.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) an emergency fund (d) a piggy bank for later
  20. 20.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  21. 21.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) an emergency fund (d) buying a second juicer
  22. 22.Ananya’s stall made a profit of ₹1800. Ananya saves 25% of it. How many rupees are saved?
  23. 23.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) an emergency fund (d) a new video game
  24. 24.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  25. 25.Ananya’s stall made a profit of ₹200. Ananya saves 20% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  28. 28.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) better paint for cards (d) a cinema ticket
  29. 29.Nisha’s stall made a profit of ₹1000. Nisha saves 50% of it. How many rupees are saved?
  30. 30.Vihaan’s stall made a profit of ₹800. 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 ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  33. 33.Aarav’s stall made a profit of ₹2000. Aarav saves 50% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.Aarav’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 reinvested?
  36. 36.Saanvi’s stall made a profit of ₹200. Saanvi saves 50% of it. How many rupees are saved?
  37. 37.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) a new video game (d) more seeds for next time
  38. 38.Kavya’s stall made a profit of ₹1500. Kavya saves 25% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) more seeds for next time (d) a cinema ticket

Answer key

  1. a piggy bank for later
  2. the cost of borrowing
  3. spending
  4. 80
  5. reinvesting
  6. 8
  7. for bad days and goals
  8. saving
  9. 150
  10. putting profit back in
  11. 1180
  12. can I pay it back?
  13. to keep trust
  14. 224
  15. 850
  16. 36
  17. 720
  18. 120
  19. a cinema ticket
  20. reinvesting
  21. buying a second juicer
  22. 450
  23. an emergency fund
  24. saving
  25. 40
  26. 16
  27. reinvesting
  28. better paint for cards
  29. 500
  30. 400
  31. 14
  32. talk to parents
  33. 1000
  34. 126
  35. 120
  36. 100
  37. profit put in a bank
  38. 375
  39. 32
  40. more seeds for next time

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