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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 216 · 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 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
  2. 2.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Nisha’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  5. 5.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) more seeds for next time (d) an emergency fund
  6. 6.Diya’s stall made a profit of ₹400. Diya saves 50% of it. How many rupees are saved?
  7. 7.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) better paint for cards (d) sweets for yourself
  8. 8.Ananya’s stall made a profit of ₹200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  10. 10.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) better paint for cards (d) buying a second juicer
  11. 11.Aarav’s stall made a profit of ₹900. Aarav saves 10% of it. How many rupees are saved?
  12. 12.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  13. 13.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  14. 14.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  15. 15.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.Meera’s stall made a profit of ₹1900. Meera saves 10% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  18. 18.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  20. 20.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) buying a second juicer (d) a piggy bank for later
  21. 21.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  22. 22.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  23. 23.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Kabir’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 spent?
  25. 25.Kabir’s stall made a profit of ₹1000. Kabir saves 25% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  28. 28.Kavya’s stall made a profit of ₹700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) a piggy bank for later (d) a new video game
  30. 30.Nisha’s stall made a profit of ₹800. Nisha saves 20% of it. How many rupees are saved?
  31. 31.Ananya’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Vihaan’s stall made a profit of ₹700. Vihaan saves 50% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  35. 35.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  37. 37.Arjun’s stall made a profit of ₹1300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Joseph’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Diya’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) buying a second juicer (d) a cinema ticket

Answer key

  1. talk to parents
  2. 45
  3. 250
  4. spending
  5. more seeds for next time
  6. 200
  7. better paint for cards
  8. 60
  9. 826
  10. profit put in a bank
  11. 90
  12. for bad days and goals
  13. the cost of borrowing
  14. to keep trust
  15. 954
  16. 190
  17. reinvesting
  18. 412
  19. reinvesting
  20. a piggy bank for later
  21. spending
  22. can I pay it back?
  23. 30
  24. 280
  25. 250
  26. 636
  27. reinvesting
  28. 385
  29. a new video game
  30. 160
  31. 840
  32. 350
  33. 918
  34. saving
  35. 708
  36. putting profit back in
  37. 585
  38. 600
  39. 100
  40. buying a second juicer

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