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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 266 · 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.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  2. 2.👪 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
  3. 3.Saanvi’s stall made a profit of ₹1100. Saanvi saves 50% of it. How many rupees are saved?
  4. 4.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) more seeds for next time (d) a cinema ticket
  5. 5.Vihaan’s stall made a profit of ₹800. Vihaan saves 25% of it. How many rupees are saved?
  6. 6.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) more seeds for next time (d) better paint for cards
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  8. 8.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.💡 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?
  10. 10.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a new video game (d) profit put in a bank
  11. 11.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.Kavya’s stall made a profit of ₹500. Kavya saves 10% of it. How many rupees are saved?
  13. 13.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  14. 14.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
  16. 16.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  17. 17.Ananya’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Meera’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) more seeds for next time (d) a new video game
  20. 20.Rohan’s stall made a profit of ₹200. Rohan saves 50% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.Tara’s stall made a profit of ₹700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Which of these is spending on yourself? (a) an emergency fund (b) sweets for yourself (c) more seeds for next time (d) better paint for cards
  24. 24.Kabir’s stall made a profit of ₹1300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  26. 26.Dev’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Rohan’s stall made a profit of ₹1400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a cinema ticket (d) an emergency fund
  30. 30.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Zoya’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.Ishaan’s stall made a profit of ₹200. Ishaan saves 25% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) buying a second juicer (d) sweets for yourself
  37. 37.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  39. 39.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. saving
  2. talk to parents
  3. 550
  4. more seeds for next time
  5. 200
  6. a piggy bank for later
  7. saving
  8. 324
  9. can I pay it back?
  10. profit put in a bank
  11. 847
  12. 50
  13. the cost of borrowing
  14. 928
  15. for bad days and goals
  16. reinvesting
  17. 240
  18. 1140
  19. a new video game
  20. 100
  21. 72
  22. 350
  23. sweets for yourself
  24. 520
  25. reinvesting
  26. 250
  27. 700
  28. 363
  29. an emergency fund
  30. 120
  31. 60
  32. 327
  33. 50
  34. 18
  35. 270
  36. buying a second juicer
  37. 240
  38. reinvesting
  39. 35
  40. 763

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