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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 989 · 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.🐷 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
  2. 2.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) sweets for yourself (d) more seeds for next time
  3. 3.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
  4. 4.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.👪 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
  7. 7.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  8. 8.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) an emergency fund (d) a cinema ticket
  9. 9.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  10. 10.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  11. 11.Diya’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.Arjun’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Kavya’s stall made a profit of ₹1200. Kavya saves 25% of it. How many rupees are saved?
  15. 15.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  16. 16.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) more seeds for next time (d) profit put in a bank
  17. 17.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  19. 19.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  22. 22.Which of these is reinvesting in the business? (a) buying a second juicer (b) an emergency fund (c) sweets for yourself (d) a piggy bank for later
  23. 23.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Dev’s stall made a profit of ₹1500. Dev saves 25% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  26. 26.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  28. 28.Rohan’s stall made a profit of ₹200. Rohan saves 50% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  32. 32.Arjun’s stall made a profit of ₹300. Arjun saves 50% of it. How many rupees are saved?
  33. 33.Which of these is saving? (a) an emergency fund (b) more seeds for next time (c) sweets for yourself (d) a cinema ticket
  34. 34.Ananya’s stall made a profit of ₹1100. Ananya saves 25% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Kabir’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Which of these is reinvesting in the business? (a) better paint for cards (b) a piggy bank for later (c) profit put in a bank (d) an emergency fund
  38. 38.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) a new video game (d) buying a second juicer
  39. 39.Dev’s stall made a profit of ₹1400. Dev saves 50% of it. How many rupees are saved?
  40. 40.Kavya’s stall made a profit of ₹1800. Kavya saves 10% of it. How many rupees are saved?

Answer key

  1. for bad days and goals
  2. more seeds for next time
  3. can I pay it back?
  4. 945
  5. 20
  6. talk to parents
  7. spending
  8. a cinema ticket
  9. the cost of borrowing
  10. reinvesting
  11. 120
  12. 96
  13. 1080
  14. 300
  15. spending
  16. profit put in a bank
  17. to keep trust
  18. saving
  19. 624
  20. 36
  21. saving
  22. buying a second juicer
  23. 20
  24. 375
  25. reinvesting
  26. 212
  27. putting profit back in
  28. 100
  29. 1062
  30. 309
  31. reinvesting
  32. 150
  33. an emergency fund
  34. 275
  35. 72
  36. 150
  37. better paint for cards
  38. a new video game
  39. 700
  40. 180

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