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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 944 · 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 cinema ticket (b) a new video game (c) more seeds for next time (d) a piggy bank for later
  2. 2.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  3. 3.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) a cinema ticket (d) more seeds for next time
  4. 4.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.Lakshmi’s stall made a profit of ₹400. Lakshmi saves 20% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.Rohan’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  10. 10.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  11. 11.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  12. 12.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  13. 13.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later
  14. 14.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) an emergency fund (d) sweets for yourself
  15. 15.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  16. 16.Ananya’s stall made a profit of ₹1100. Ananya saves 20% of it. How many rupees are saved?
  17. 17.Ishaan’s stall made a profit of ₹1500. Ishaan saves 50% of it. How many rupees are saved?
  18. 18.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) an emergency fund (d) a cinema ticket
  19. 19.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) better paint for cards
  21. 21.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  22. 22.Kabir’s stall made a profit of ₹700. Kabir saves 20% of it. How many rupees are saved?
  23. 23.Saanvi’s stall made a profit of ₹1900. Saanvi saves 10% of it. How many rupees are saved?
  24. 24.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  25. 25.Aarav’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
  27. 27.Which of these is saving? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) buying a second juicer
  28. 28.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  29. 29.Arjun’s stall made a profit of ₹1400. Arjun saves 25% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Lakshmi’s stall made a profit of ₹1500. Lakshmi saves 10% of it. How many rupees are saved?
  32. 32.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) more seeds for next time (d) sweets for yourself
  33. 33.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.Gurpreet’s stall made a profit of ₹700. Gurpreet saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Ananya’s stall made a profit of ₹1500. Ananya saves 10% of it. How many rupees are saved?
  37. 37.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  38. 38.Nisha’s stall made a profit of ₹200. Nisha saves 10% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Ananya’s stall made a profit of ₹500. Ananya saves 10% of it. How many rupees are saved?

Answer key

  1. more seeds for next time
  2. to keep trust
  3. a cinema ticket
  4. 40
  5. 306
  6. 80
  7. 728
  8. 60
  9. talk to parents
  10. spending
  11. can I pay it back?
  12. the cost of borrowing
  13. for bad days and goals
  14. an emergency fund
  15. saving
  16. 220
  17. 750
  18. buying a second juicer
  19. 4
  20. a new video game
  21. saving
  22. 140
  23. 190
  24. reinvesting
  25. 80
  26. putting profit back in
  27. a piggy bank for later
  28. spending
  29. 350
  30. 936
  31. 150
  32. profit put in a bank
  33. 108
  34. 70
  35. 896
  36. 150
  37. reinvesting
  38. 20
  39. 106
  40. 50

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