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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 291 · 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: more seeds for next time? (a) spending (b) saving (c) reinvesting
  2. 2.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  3. 3.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.Kabir’s stall made a profit of ₹300. Kabir saves 25% of it. How many rupees are saved?
  5. 5.Which of these is saving? (a) more seeds for next time (b) a new video game (c) buying a second juicer (d) profit put in a bank
  6. 6.Saanvi’s stall made a profit of ₹700. Saanvi saves 20% of it. How many rupees are saved?
  7. 7.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) a new video game (d) buying a second juicer
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
  9. 9.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  10. 10.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  11. 11.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  12. 12.Zoya’s stall made a profit of ₹1000. Zoya saves 10% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  16. 16.Joseph’s stall made a profit of ₹300. Joseph saves 50% of it. How many rupees are saved?
  17. 17.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) sweets for yourself (d) buying a second juicer
  18. 18.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) more seeds for next time (d) profit put in a bank
  19. 19.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  20. 20.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.Which of these is saving? (a) a new video game (b) a cinema ticket (c) a piggy bank for later (d) buying a second juicer
  22. 22.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) more seeds for next time (d) better paint for cards
  23. 23.Farhan’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 reinvested?
  24. 24.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) an emergency fund (d) a new video game
  25. 25.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Riya’s stall made a profit of ₹1100. Riya saves 50% of it. How many rupees are saved?
  27. 27.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  28. 28.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) a new video game
  29. 29.Saanvi’s stall made a profit of ₹200. Saanvi saves 20% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.Kabir’s stall made a profit of ₹300. Kabir saves 50% of it. How many rupees are saved?
  36. 36.Meera’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?
  37. 37.Ananya’s stall made a profit of ₹400. Ananya saves 25% of it. How many rupees are saved?
  38. 38.Dev’s stall made a profit of ₹200. Dev saves 50% of it. How many rupees are saved?
  39. 39.Nisha’s stall made a profit of ₹1600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Kavya’s stall made a profit of ₹400. Kavya saves 10% of it. How many rupees are saved?

Answer key

  1. reinvesting
  2. for bad days and goals
  3. 72
  4. 75
  5. profit put in a bank
  6. 140
  7. a new video game
  8. talk to parents
  9. spending
  10. the cost of borrowing
  11. reinvesting
  12. 100
  13. 1070
  14. saving
  15. saving
  16. 150
  17. sweets for yourself
  18. more seeds for next time
  19. can I pay it back?
  20. 210
  21. a piggy bank for later
  22. a cinema ticket
  23. 100
  24. an emergency fund
  25. 189
  26. 550
  27. to keep trust
  28. buying a second juicer
  29. 40
  30. 36
  31. 110
  32. 236
  33. 15
  34. 1120
  35. 150
  36. 140
  37. 100
  38. 100
  39. 800
  40. 40

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