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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 444 · 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: better paint for cards? (a) saving (b) reinvesting (c) spending
  2. 2.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  4. 4.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  6. 6.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.Vihaan’s stall made a profit of ₹1300. Vihaan saves 20% of it. How many rupees are saved?
  9. 9.Kavya’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.Gurpreet’s stall made a profit of ₹200. Gurpreet saves 25% of it. How many rupees are saved?
  11. 11.🐷 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
  12. 12.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  13. 13.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) an emergency fund (d) profit put in a bank
  14. 14.Aarav’s stall made a profit of ₹1500. Aarav saves 20% of it. How many rupees are saved?
  15. 15.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  16. 16.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  17. 17.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  18. 18.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  19. 19.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) better paint for cards (d) a new video game
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  21. 21.👪 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
  22. 22.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) a piggy bank for later (d) a cinema ticket
  23. 23.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) a cinema ticket (d) profit put in a bank
  24. 24.Lakshmi’s stall made a profit of ₹1000. Lakshmi saves 20% of it. How many rupees are saved?
  25. 25.Vihaan’s stall made a profit of ₹400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Farhan’s stall made a profit of ₹1400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  28. 28.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  29. 29.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) a cinema ticket (d) sweets for yourself
  30. 30.Saanvi’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) a new video game (d) better paint for cards
  33. 33.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) a piggy bank for later (d) a cinema ticket
  35. 35.Diya’s stall made a profit of ₹700. Diya saves 25% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  38. 38.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  40. 40.Vihaan’s stall made a profit of ₹500. Vihaan saves 50% of it. How many rupees are saved?

Answer key

  1. reinvesting
  2. 580
  3. spending
  4. 12
  5. to keep trust
  6. 575
  7. 756
  8. 260
  9. 840
  10. 50
  11. for bad days and goals
  12. saving
  13. a cinema ticket
  14. 300
  15. putting profit back in
  16. spending
  17. can I pay it back?
  18. spending
  19. a new video game
  20. saving
  21. talk to parents
  22. buying a second juicer
  23. better paint for cards
  24. 200
  25. 240
  26. 700
  27. saving
  28. reinvesting
  29. an emergency fund
  30. 660
  31. 6
  32. profit put in a bank
  33. 484
  34. more seeds for next time
  35. 175
  36. 56
  37. reinvesting
  38. 112
  39. the cost of borrowing
  40. 250

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