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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 204 · 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.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
  2. 2.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) a new video game (d) buying a second juicer
  3. 3.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  5. 5.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) ask strangers (d) take it secretly
  6. 6.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.Vihaan’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 spent?
  8. 8.Which of these is saving? (a) a new video game (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
  9. 9.Riya’s stall made a profit of ₹1700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.Diya’s stall made a profit of ₹1200. Diya saves 50% of it. How many rupees are saved?
  11. 11.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) sweets for yourself (d) an emergency fund
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  13. 13.Kabir’s stall made a profit of ₹1700. Kabir saves 50% of it. How many rupees are saved?
  14. 14.Farhan’s stall made a profit of ₹500. Farhan saves 25% of it. How many rupees are saved?
  15. 15.Which of these is saving? (a) sweets for yourself (b) a piggy bank for later (c) more seeds for next time (d) a new video game
  16. 16.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  17. 17.Ananya’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  19. 19.Farhan’s stall made a profit of ₹1400. Farhan saves 50% of it. How many rupees are saved?
  20. 20.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) better paint for cards (d) an emergency fund
  21. 21.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  22. 22.Zoya’s stall made a profit of ₹900. Zoya saves 50% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  24. 24.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) a piggy bank for later (d) profit put in a bank
  25. 25.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  27. 27.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  28. 28.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.Ishaan’s stall made a profit of ₹500. Ishaan saves 10% of it. How many rupees are saved?
  30. 30.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) an emergency fund (d) more seeds for next time
  31. 31.Nisha’s stall made a profit of ₹400. Nisha saves 20% of it. How many rupees are saved?
  32. 32.Meera’s stall made a profit of ₹500. Meera saves 25% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.Dev’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Joseph’s stall made a profit of ₹1700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) better paint for cards (d) sweets for yourself
  37. 37.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Lakshmi’s stall made a profit of ₹800. Lakshmi saves 20% of it. How many rupees are saved?
  39. 39.Nisha’s stall made a profit of ₹1800. Nisha saves 10% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. can I pay it back?
  2. a new video game
  3. 144
  4. spending
  5. talk to parents
  6. 48
  7. 120
  8. profit put in a bank
  9. 680
  10. 600
  11. more seeds for next time
  12. saving
  13. 850
  14. 125
  15. a piggy bank for later
  16. to keep trust
  17. 560
  18. spending
  19. 700
  20. an emergency fund
  21. saving
  22. 450
  23. spending
  24. sweets for yourself
  25. 206
  26. for bad days and goals
  27. putting profit back in
  28. 684
  29. 50
  30. a cinema ticket
  31. 80
  32. 125
  33. 896
  34. 360
  35. 850
  36. better paint for cards
  37. 24
  38. 160
  39. 180
  40. 927

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