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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 370 · 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.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  2. 2.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Diya’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 reinvested?
  4. 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  5. 5.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.Farhan’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.Tara’s stall made a profit of ₹1300. Tara saves 50% of it. How many rupees are saved?
  8. 8.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a new video game (d) buying a second juicer
  9. 9.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) sweets for yourself (d) a cinema ticket
  10. 10.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.Lakshmi’s stall made a profit of ₹800. Lakshmi saves 25% of it. How many rupees are saved?
  12. 12.Rohan’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  14. 14.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
  15. 15.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) a piggy bank for later (d) a cinema ticket
  16. 16.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) a new video game (d) an emergency fund
  17. 17.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.Dev’s stall made a profit of ₹800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  20. 20.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  21. 21.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) buying a second juicer (d) better paint for cards
  22. 22.Meera’s stall made a profit of ₹1900. Meera saves 25% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  24. 24.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  25. 25.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Diya’s stall made a profit of ₹2000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Gurpreet’s stall made a profit of ₹200. Gurpreet saves 10% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  30. 30.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  31. 31.Dev’s stall made a profit of ₹600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  35. 35.Which of these is saving? (a) a new video game (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
  36. 36.Which of these is reinvesting in the business? (a) a cinema ticket (b) better paint for cards (c) an emergency fund (d) profit put in a bank
  37. 37.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Riya’s stall made a profit of ₹1500. Riya saves 10% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending

Answer key

  1. for bad days and goals
  2. 90
  3. 570
  4. saving
  5. 872
  6. 300
  7. 650
  8. a new video game
  9. profit put in a bank
  10. 36
  11. 200
  12. 715
  13. reinvesting
  14. can I pay it back?
  15. buying a second juicer
  16. an emergency fund
  17. 708
  18. 320
  19. talk to parents
  20. the cost of borrowing
  21. sweets for yourself
  22. 475
  23. spending
  24. spending
  25. 480
  26. 600
  27. 20
  28. 372
  29. saving
  30. putting profit back in
  31. 300
  32. 32
  33. 2
  34. to keep trust
  35. a piggy bank for later
  36. better paint for cards
  37. 105
  38. 108
  39. 150
  40. saving

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