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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 304 · 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 saving? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) sweets for yourself
  2. 2.Kabir’s stall made a profit of ₹1800. Kabir saves 25% of it. How many rupees are saved?
  3. 3.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  4. 4.Joseph’s stall made a profit of ₹1900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  6. 6.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  7. 7.🐷 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
  8. 8.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) a piggy bank for later (d) profit put in a bank
  9. 9.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  11. 11.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) a cinema ticket (d) profit put in a bank
  12. 12.Rohan’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  15. 15.Rohan’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
  17. 17.Arjun’s stall made a profit of ₹900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  19. 19.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) more seeds for next time (d) buying a second juicer
  20. 20.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  23. 23.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Meera’s stall made a profit of ₹1100. Meera saves 50% of it. How many rupees are saved?
  25. 25.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 20% of it. How many rupees are saved?
  26. 26.Diya’s stall made a profit of ₹1000. Diya saves 50% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  28. 28.Ishaan’s stall made a profit of ₹200. Ishaan saves 10% of it. How many rupees are saved?
  29. 29.Nisha’s stall made a profit of ₹1800. Nisha saves 25% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Kabir’s stall made a profit of ₹1600. Kabir saves 10% of it. How many rupees are saved?
  32. 32.Ananya’s stall made a profit of ₹300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Saanvi’s stall made a profit of ₹300. Saanvi saves 10% of it. How many rupees are saved?
  34. 34.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  35. 35.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  36. 36.Vihaan’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Which of these is reinvesting in the business? (a) a cinema ticket (b) more seeds for next time (c) a new video game (d) a piggy bank for later
  38. 38.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
  40. 40.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending

Answer key

  1. a piggy bank for later
  2. 450
  3. to keep trust
  4. 475
  5. the cost of borrowing
  6. buying a second juicer
  7. for bad days and goals
  8. a new video game
  9. spending
  10. saving
  11. profit put in a bank
  12. 350
  13. 56
  14. saving
  15. 100
  16. an emergency fund
  17. 450
  18. saving
  19. a cinema ticket
  20. 72
  21. 927
  22. spending
  23. 189
  24. 550
  25. 120
  26. 500
  27. reinvesting
  28. 20
  29. 450
  30. 10
  31. 160
  32. 105
  33. 30
  34. can I pay it back?
  35. reinvesting
  36. 1200
  37. more seeds for next time
  38. 40
  39. talk to parents
  40. spending

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