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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 122 · 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.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  3. 3.Dev’s stall made a profit of ₹1400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  6. 6.Joseph’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.Gurpreet’s stall made a profit of ₹1700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.Aarav’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) an emergency fund (d) buying a second juicer
  10. 10.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) a new video game
  11. 11.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.Which of these is reinvesting in the business? (a) profit put in a bank (b) better paint for cards (c) a piggy bank for later (d) an emergency fund
  13. 13.Aarav’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  15. 15.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  16. 16.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  17. 17.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) a cinema ticket (d) better paint for cards
  18. 18.Diya’s stall made a profit of ₹1900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Zoya’s stall made a profit of ₹800. Zoya saves 20% of it. How many rupees are saved?
  20. 20.Vihaan’s stall made a profit of ₹500. Vihaan saves 10% of it. How many rupees are saved?
  21. 21.Vihaan’s stall made a profit of ₹1400. Vihaan saves 50% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  23. 23.Meera’s stall made a profit of ₹500. Meera saves 10% of it. How many rupees are saved?
  24. 24.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) an emergency fund (d) sweets for yourself
  25. 25.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) a cinema ticket (d) an emergency fund
  28. 28.Diya’s stall made a profit of ₹2000. Diya saves 20% of it. How many rupees are saved?
  29. 29.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
  30. 30.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Farhan’s stall made a profit of ₹400. Farhan saves 50% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Arjun’s stall made a profit of ₹2000. Arjun saves 50% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.💡 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?
  36. 36.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) buying a second juicer (d) a piggy bank for later
  37. 37.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Ishaan’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Nisha’s stall made a profit of ₹600. Nisha saves 20% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving

Answer key

  1. reinvesting
  2. talk to parents
  3. 560
  4. to keep trust
  5. spending
  6. 220
  7. 340
  8. 200
  9. a new video game
  10. profit put in a bank
  11. 54
  12. better paint for cards
  13. 40
  14. saving
  15. the cost of borrowing
  16. spending
  17. a piggy bank for later
  18. 760
  19. 160
  20. 50
  21. 700
  22. saving
  23. 50
  24. an emergency fund
  25. 742
  26. 25
  27. a cinema ticket
  28. 400
  29. for bad days and goals
  30. 30
  31. 200
  32. 110
  33. 1000
  34. 120
  35. can I pay it back?
  36. buying a second juicer
  37. 575
  38. 350
  39. 120
  40. saving

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