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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 319 · 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) take it secretly (c) ask strangers (d) borrow online alone
  2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  3. 3.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) a piggy bank for later (d) a new video game
  4. 4.Tara’s stall made a profit of ₹1600. Tara saves 50% of it. How many rupees are saved?
  5. 5.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) a piggy bank for later (d) a new video game
  6. 6.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  7. 7.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  10. 10.Nisha’s stall made a profit of ₹1400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  12. 12.Kavya’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  15. 15.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) sweets for yourself (d) an emergency fund
  16. 16.Saanvi’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  19. 19.Diya’s stall made a profit of ₹1700. Diya saves 10% of it. How many rupees are saved?
  20. 20.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) nothing (d) can I pay it back?
  21. 21.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  22. 22.Arjun’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  26. 26.Riya’s stall made a profit of ₹800. Riya saves 20% of it. How many rupees are saved?
  27. 27.Kabir’s stall made a profit of ₹300. Kabir saves 10% of it. How many rupees are saved?
  28. 28.Kabir’s stall made a profit of ₹1100. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) sweets for yourself (d) buying a second juicer
  30. 30.A small family shop borrows ₹500 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 ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) better paint for cards (d) profit put in a bank
  34. 34.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) profit put in a bank (d) buying a second juicer
  35. 35.Riya’s stall made a profit of ₹500. Riya saves 20% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Ishaan’s stall made a profit of ₹1500. Ishaan saves 10% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. talk to parents
  2. saving
  3. a new video game
  4. 800
  5. a piggy bank for later
  6. to keep trust
  7. 12
  8. spending
  9. saving
  10. 840
  11. the cost of borrowing
  12. 50
  13. 80
  14. reinvesting
  15. sweets for yourself
  16. 240
  17. reinvesting
  18. saving
  19. 170
  20. can I pay it back?
  21. for bad days and goals
  22. 400
  23. 208
  24. 690
  25. reinvesting
  26. 160
  27. 30
  28. 440
  29. profit put in a bank
  30. 45
  31. 45
  32. 918
  33. better paint for cards
  34. buying a second juicer
  35. 100
  36. 545
  37. 90
  38. 100
  39. 150
  40. 126

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