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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 92 · 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) a cinema ticket (c) an emergency fund (d) profit put in a bank
  2. 2.Aarav’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  5. 5.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) profit put in a bank (d) an emergency fund
  6. 6.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  8. 8.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  10. 10.Saanvi’s stall made a profit of ₹1800. Saanvi saves 10% of it. How many rupees are saved?
  11. 11.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 ₹)?
  12. 12.Aarav’s stall made a profit of ₹1700. Aarav saves 10% of it. How many rupees are saved?
  13. 13.Vihaan’s stall made a profit of ₹600. Vihaan saves 10% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  15. 15.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  17. 17.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  19. 19.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  20. 20.Which of these is saving? (a) a cinema ticket (b) a piggy bank for later (c) sweets for yourself (d) a new video game
  21. 21.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) better paint for cards (d) sweets for yourself
  22. 22.Joseph’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Rohan’s stall made a profit of ₹1400. Rohan saves 25% of it. How many rupees are saved?
  24. 24.Lakshmi’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 spent?
  25. 25.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  26. 26.Which of these is spending on yourself? (a) a cinema ticket (b) a piggy bank for later (c) profit put in a bank (d) an emergency fund
  27. 27.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  28. 28.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  29. 29.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 ₹)?
  30. 30.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  31. 31.Diya’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Ishaan’s stall made a profit of ₹500. Ishaan saves 10% of it. How many rupees are saved?
  33. 33.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  34. 34.Ananya’s stall made a profit of ₹500. Ananya saves 10% of it. How many rupees are saved?
  35. 35.Which of these is reinvesting in the business? (a) sweets for yourself (b) buying a second juicer (c) an emergency fund (d) a cinema ticket
  36. 36.Nisha’s stall made a profit of ₹1100. Nisha saves 20% of it. How many rupees are saved?
  37. 37.Riya’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) more seeds for next time (d) sweets for yourself
  39. 39.Diya’s stall made a profit of ₹1900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Arjun’s stall made a profit of ₹1300. Arjun saves 20% of it. How many rupees are saved?

Answer key

  1. more seeds for next time
  2. 225
  3. 70
  4. reinvesting
  5. a new video game
  6. spending
  7. saving
  8. 103
  9. can I pay it back?
  10. 180
  11. 121
  12. 170
  13. 60
  14. reinvesting
  15. 672
  16. putting profit back in
  17. 135
  18. spending
  19. the cost of borrowing
  20. a piggy bank for later
  21. better paint for cards
  22. 720
  23. 350
  24. 320
  25. for bad days and goals
  26. a cinema ticket
  27. to keep trust
  28. saving
  29. 321
  30. spending
  31. 240
  32. 50
  33. talk to parents
  34. 50
  35. buying a second juicer
  36. 220
  37. 300
  38. an emergency fund
  39. 475
  40. 260

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