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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 421 · 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: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  2. 2.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  3. 3.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  4. 4.Ishaan’s stall made a profit of ₹200. Ishaan saves 10% of it. How many rupees are saved?
  5. 5.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  6. 6.Zoya’s stall made a profit of ₹700. Zoya saves 50% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Lakshmi’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  11. 11.Which of these is saving? (a) better paint for cards (b) a new video game (c) more seeds for next time (d) an emergency fund
  12. 12.Kabir’s stall made a profit of ₹2000. Kabir saves 50% of it. How many rupees are saved?
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  14. 14.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) sweets for yourself (d) a piggy bank for later
  16. 16.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  17. 17.Vihaan’s stall made a profit of ₹900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Diya’s stall made a profit of ₹1500. Diya saves 50% of it. How many rupees are saved?
  19. 19.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  20. 20.Riya’s stall made a profit of ₹400. Riya saves 20% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) more seeds for next time
  23. 23.Aarav’s stall made a profit of ₹2000. Aarav saves 50% of it. How many rupees are saved?
  24. 24.Ishaan’s stall made a profit of ₹1000. Ishaan saves 20% of it. How many rupees are saved?
  25. 25.Riya’s stall made a profit of ₹2000. Riya saves 50% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  28. 28.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Riya’s stall made a profit of ₹800. Riya saves 10% of it. How many rupees are saved?
  30. 30.Dev’s stall made a profit of ₹500. Dev saves 20% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Which of these is saving? (a) a new video game (b) buying a second juicer (c) profit put in a bank (d) better paint for cards
  33. 33.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  35. 35.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  36. 36.Dev’s stall made a profit of ₹1700. Dev saves 25% of it. How many rupees are saved?
  37. 37.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
  38. 38.Vihaan’s stall made a profit of ₹1900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Riya’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. saving
  2. can I pay it back?
  3. for bad days and goals
  4. 20
  5. to keep trust
  6. 350
  7. 70
  8. 40
  9. 240
  10. saving
  11. an emergency fund
  12. 1000
  13. spending
  14. 530
  15. more seeds for next time
  16. reinvesting
  17. 405
  18. 750
  19. better paint for cards
  20. 80
  21. 36
  22. a piggy bank for later
  23. 1000
  24. 200
  25. 1000
  26. 18
  27. talk to parents
  28. 650
  29. 80
  30. 100
  31. 60
  32. profit put in a bank
  33. 72
  34. saving
  35. spending
  36. 425
  37. the cost of borrowing
  38. 760
  39. 110
  40. 224

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