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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 250 · 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.Which of these is reinvesting in the business? (a) better paint for cards (b) profit put in a bank (c) a new video game (d) sweets for yourself
  2. 2.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) a piggy bank for later (d) a cinema ticket
  3. 3.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  4. 4.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  6. 6.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 ₹)?
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  8. 8.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  10. 10.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.Kabir’s stall made a profit of ₹1800. Kabir saves 20% of it. How many rupees are saved?
  12. 12.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) a piggy bank for later (d) more seeds for next time
  13. 13.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  14. 14.Ananya’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  16. 16.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  17. 17.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) a piggy bank for later (d) more seeds for next time
  18. 18.Ananya’s stall made a profit of ₹400. Ananya saves 10% of it. How many rupees are saved?
  19. 19.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) an emergency fund (d) a cinema ticket
  20. 20.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  21. 21.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  22. 22.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) profit put in a bank (d) a new video game
  23. 23.Arjun’s stall made a profit of ₹1300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  25. 25.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Vihaan’s stall made a profit of ₹1700. Vihaan saves 10% of it. How many rupees are saved?
  27. 27.Lakshmi’s stall made a profit of ₹2000. Lakshmi saves 20% of it. How many rupees are saved?
  28. 28.Arjun’s stall made a profit of ₹200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
  31. 31.Kabir’s stall made a profit of ₹1600. Kabir saves 25% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  34. 34.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.Which of these is saving? (a) a cinema ticket (b) a new video game (c) profit put in a bank (d) buying a second juicer
  36. 36.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.🐷 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
  38. 38.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.Meera’s stall made a profit of ₹200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Kavya’s stall made a profit of ₹700. Kavya saves 50% of it. How many rupees are saved?

Answer key

  1. better paint for cards
  2. a piggy bank for later
  3. putting profit back in
  4. can I pay it back?
  5. spending
  6. 110
  7. saving
  8. 428
  9. 896
  10. 36
  11. 360
  12. sweets for yourself
  13. to keep trust
  14. 140
  15. talk to parents
  16. saving
  17. more seeds for next time
  18. 40
  19. a cinema ticket
  20. spending
  21. the cost of borrowing
  22. a new video game
  23. 650
  24. spending
  25. 36
  26. 170
  27. 400
  28. 60
  29. 106
  30. an emergency fund
  31. 400
  32. 27
  33. saving
  34. 63
  35. profit put in a bank
  36. 9
  37. for bad days and goals
  38. 30
  39. 80
  40. 350

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