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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 303 · 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) talk to parents (b) ask strangers (c) take it secretly (d) borrow online alone
  2. 2.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  3. 3.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) saving is a loss (d) no reason
  4. 4.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.Zoya’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) an emergency fund (d) a piggy bank for later
  7. 7.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) profit put in a bank (d) more seeds for next time
  8. 8.Nisha’s stall made a profit of ₹1200. Nisha saves 20% of it. How many rupees are saved?
  9. 9.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  10. 10.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) a new video game (d) more seeds for next time
  11. 11.Riya’s stall made a profit of ₹600. Riya saves 20% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  15. 15.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) more seeds for next time (d) sweets for yourself
  16. 16.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Riya’s stall made a profit of ₹700. Riya saves 20% of it. How many rupees are saved?
  18. 18.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  19. 19.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.💡 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?
  23. 23.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Diya’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  26. 26.Kabir’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.Riya’s stall made a profit of ₹1200. Riya saves 50% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  31. 31.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Vihaan’s stall made a profit of ₹600. Vihaan saves 20% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹800 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 ₹400 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.Nisha’s stall made a profit of ₹2000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  38. 38.A small family shop borrows ₹600 from a bank at 2% 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 ₹300. Diya saves 20% of it. How many rupees are saved?
  40. 40.Which of these is saving? (a) a piggy bank for later (b) better paint for cards (c) sweets for yourself (d) more seeds for next time

Answer key

  1. talk to parents
  2. putting profit back in
  3. for bad days and goals
  4. 49
  5. 760
  6. a new video game
  7. more seeds for next time
  8. 240
  9. to keep trust
  10. profit put in a bank
  11. 120
  12. 3
  13. 228
  14. buying a second juicer
  15. sweets for yourself
  16. 36
  17. 140
  18. spending
  19. 770
  20. 762
  21. 270
  22. can I pay it back?
  23. 48
  24. 360
  25. saving
  26. 120
  27. 45
  28. 600
  29. 216
  30. reinvesting
  31. 560
  32. 120
  33. 24
  34. 120
  35. 400
  36. 5
  37. reinvesting
  38. 636
  39. 60
  40. a piggy bank for later

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