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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 233 · 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) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  2. 2.Lakshmi’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.Gurpreet’s stall made a profit of ₹1700. Gurpreet saves 50% of it. How many rupees are saved?
  4. 4.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
  5. 5.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  6. 6.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  7. 7.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) profit put in a bank (d) a piggy bank for later
  8. 8.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  9. 9.Vihaan’s stall made a profit of ₹200. Vihaan saves 10% of it. How many rupees are saved?
  10. 10.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  11. 11.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  12. 12.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  13. 13.Rohan’s stall made a profit of ₹1100. Rohan saves 10% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.Ananya’s stall made a profit of ₹1400. Ananya saves 50% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  19. 19.Saanvi’s stall made a profit of ₹1500. Saanvi saves 25% of it. How many rupees are saved?
  20. 20.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) more seeds for next time (d) profit put in a bank
  21. 21.Dev’s stall made a profit of ₹1700. Dev saves 25% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  23. 23.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  24. 24.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  27. 27.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Which of these is saving? (a) a new video game (b) buying a second juicer (c) a cinema ticket (d) a piggy bank for later
  29. 29.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) profit put in a bank (d) a piggy bank for later
  30. 30.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  31. 31.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) profit put in a bank (d) buying a second juicer
  35. 35.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) profit put in a bank (d) a cinema ticket
  36. 36.Which of these is saving? (a) a cinema ticket (b) a new video game (c) an emergency fund (d) sweets for yourself
  37. 37.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.Diya’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Ananya’s stall made a profit of ₹1400. Ananya saves 20% of it. How many rupees are saved?

Answer key

  1. can I pay it back?
  2. 960
  3. 850
  4. talk to parents
  5. the cost of borrowing
  6. for bad days and goals
  7. better paint for cards
  8. spending
  9. 20
  10. to keep trust
  11. saving
  12. reinvesting
  13. 110
  14. 32
  15. 700
  16. 309
  17. 1100
  18. spending
  19. 375
  20. more seeds for next time
  21. 425
  22. spending
  23. reinvesting
  24. 6
  25. 24
  26. saving
  27. 28
  28. a piggy bank for later
  29. a cinema ticket
  30. putting profit back in
  31. 120
  32. 48
  33. 126
  34. sweets for yourself
  35. buying a second juicer
  36. an emergency fund
  37. 12
  38. 484
  39. 80
  40. 280

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