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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 998 · 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.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  3. 3.Zoya’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.🐷 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
  5. 5.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) more seeds for next time
  6. 6.Ishaan’s stall made a profit of ₹1300. Ishaan saves 10% of it. How many rupees are saved?
  7. 7.👪 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
  8. 8.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) sweets for yourself (d) a new video game
  10. 10.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  12. 12.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  13. 13.Which of these is reinvesting in the business? (a) better paint for cards (b) a cinema ticket (c) a new video game (d) sweets for yourself
  14. 14.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.Which of these is saving? (a) an emergency fund (b) a new video game (c) a cinema ticket (d) sweets for yourself
  16. 16.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  17. 17.Ishaan’s stall made a profit of ₹500. Ishaan saves 25% of it. How many rupees are saved?
  18. 18.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  19. 19.Riya’s stall made a profit of ₹600. Riya saves 10% of it. How many rupees are saved?
  20. 20.Gurpreet’s stall made a profit of ₹400. Gurpreet saves 20% of it. How many rupees are saved?
  21. 21.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  22. 22.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  23. 23.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) a new video game (d) more seeds for next time
  24. 24.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  25. 25.Rohan’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Saanvi’s stall made a profit of ₹500. Saanvi saves 10% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Kabir’s stall made a profit of ₹500. Kabir saves 20% of it. How many rupees are saved?
  29. 29.Rohan’s stall made a profit of ₹200. Rohan saves 20% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Rohan’s stall made a profit of ₹2000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) better paint for cards (d) sweets for yourself
  35. 35.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  36. 36.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  40. 40.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. putting profit back in
  2. saving
  3. 600
  4. for bad days and goals
  5. profit put in a bank
  6. 130
  7. talk to parents
  8. 824
  9. buying a second juicer
  10. 1008
  11. saving
  12. the cost of borrowing
  13. better paint for cards
  14. 436
  15. an emergency fund
  16. spending
  17. 125
  18. spending
  19. 60
  20. 80
  21. to keep trust
  22. can I pay it back?
  23. more seeds for next time
  24. reinvesting
  25. 125
  26. 50
  27. 1120
  28. 100
  29. 40
  30. 20
  31. 36
  32. 700
  33. 30
  34. sweets for yourself
  35. saving
  36. 992
  37. 660
  38. 770
  39. spending
  40. 1143

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