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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 168 · 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.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  3. 3.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  4. 4.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) more seeds for next time (d) a new video game
  6. 6.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  7. 7.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) an emergency fund (d) more seeds for next time
  8. 8.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  10. 10.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) sweets for yourself (d) an emergency fund
  11. 11.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) better paint for cards (d) buying a second juicer
  12. 12.Which of these is saving? (a) a new video game (b) better paint for cards (c) a piggy bank for later (d) sweets for yourself
  13. 13.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  15. 15.Farhan’s stall made a profit of ₹700. Farhan saves 25% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.Tara’s stall made a profit of ₹300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  19. 19.Ananya’s stall made a profit of ₹1800. Ananya saves 50% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  22. 22.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  23. 23.Dev’s stall made a profit of ₹1100. Dev saves 10% of it. How many rupees are saved?
  24. 24.Ananya’s stall made a profit of ₹800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Tara’s stall made a profit of ₹1700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Kabir’s stall made a profit of ₹2000. Kabir saves 10% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  28. 28.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) an emergency fund (d) sweets for yourself
  29. 29.Tara’s stall made a profit of ₹2000. Tara saves 10% of it. How many rupees are saved?
  30. 30.Tara’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Riya’s stall made a profit of ₹800. Riya saves 50% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Vihaan’s stall made a profit of ₹1300. Vihaan saves 50% of it. How many rupees are saved?
  34. 34.Nisha’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Diya’s stall made a profit of ₹1800. Diya saves 25% of it. How many rupees are saved?
  36. 36.Farhan’s stall made a profit of ₹1200. Farhan saves 50% of it. How many rupees are saved?
  37. 37.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) sweets for yourself (d) better paint for cards
  38. 38.Nisha’s stall made a profit of ₹200. Nisha saves 10% of it. How many rupees are saved?
  39. 39.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  40. 40.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting

Answer key

  1. 30
  2. talk to parents
  3. a cinema ticket
  4. 10
  5. a new video game
  6. to keep trust
  7. more seeds for next time
  8. 236
  9. saving
  10. buying a second juicer
  11. sweets for yourself
  12. a piggy bank for later
  13. 530
  14. spending
  15. 175
  16. 214
  17. 120
  18. putting profit back in
  19. 900
  20. 1040
  21. can I pay it back?
  22. saving
  23. 110
  24. 320
  25. 680
  26. 200
  27. spending
  28. an emergency fund
  29. 200
  30. 80
  31. 400
  32. 525
  33. 650
  34. 360
  35. 450
  36. 600
  37. profit put in a bank
  38. 20
  39. reinvesting
  40. spending

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