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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 446 · 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) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  3. 3.Which of these is saving? (a) an emergency fund (b) more seeds for next time (c) sweets for yourself (d) buying a second juicer
  4. 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  5. 5.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) a cinema ticket (d) an emergency fund
  6. 6.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) buying a second juicer (d) better paint for cards
  7. 7.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  8. 8.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  9. 9.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.Ananya’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  12. 12.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  13. 13.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  14. 14.Dev’s stall made a profit of ₹700. Dev saves 25% of it. How many rupees are saved?
  15. 15.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) profit put in a bank (d) better paint for cards
  16. 16.Kavya’s stall made a profit of ₹2000. Kavya saves 25% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) a piggy bank for later (d) more seeds for next time
  19. 19.Rohan’s stall made a profit of ₹2000. Rohan saves 20% of it. How many rupees are saved?
  20. 20.Vihaan’s stall made a profit of ₹1700. Vihaan saves 50% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  22. 22.Nisha’s stall made a profit of ₹400. Nisha saves 25% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  24. 24.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  25. 25.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  26. 26.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  27. 27.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) profit put in a bank (d) sweets for yourself
  28. 28.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Ananya’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  31. 31.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Nisha’s stall made a profit of ₹900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Dev’s stall made a profit of ₹1000. Dev saves 25% of it. How many rupees are saved?
  34. 34.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
  35. 35.Diya’s stall made a profit of ₹900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) a cinema ticket (d) more seeds for next time
  37. 37.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.Ishaan’s stall made a profit of ₹1600. Ishaan saves 20% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. talk to parents
  2. saving
  3. an emergency fund
  4. spending
  5. a cinema ticket
  6. a new video game
  7. the cost of borrowing
  8. spending
  9. 189
  10. 150
  11. to keep trust
  12. profit put in a bank
  13. for bad days and goals
  14. 175
  15. better paint for cards
  16. 500
  17. 1035
  18. more seeds for next time
  19. 400
  20. 850
  21. reinvesting
  22. 100
  23. spending
  24. putting profit back in
  25. saving
  26. reinvesting
  27. sweets for yourself
  28. 130
  29. 60
  30. reinvesting
  31. 60
  32. 450
  33. 250
  34. can I pay it back?
  35. 315
  36. a piggy bank for later
  37. 327
  38. 15
  39. 320
  40. 330

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