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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 455 · 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) to waste it later (b) for bad days and goals (c) saving is a loss (d) no reason
  2. 2.Nisha’s stall made a profit of ₹700. Nisha saves 25% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  4. 4.Vihaan’s stall made a profit of ₹1300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.Dev’s stall made a profit of ₹1000. Dev saves 20% of it. How many rupees are saved?
  6. 6.Joseph’s stall made a profit of ₹1300. Joseph saves 20% of it. How many rupees are saved?
  7. 7.Meera’s stall made a profit of ₹200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) profit put in a bank (d) better paint for cards
  9. 9.Saanvi’s stall made a profit of ₹800. Saanvi saves 20% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  11. 11.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) a piggy bank for later (d) more seeds for next time
  13. 13.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  14. 14.👪 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
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  16. 16.Aarav’s stall made a profit of ₹200. Aarav saves 50% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) a new video game (d) a piggy bank for later
  19. 19.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) profit put in a bank (d) more seeds for next time
  20. 20.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  21. 21.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  22. 22.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  23. 23.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) profit put in a bank (d) sweets for yourself
  24. 24.Ananya’s stall made a profit of ₹800. Ananya saves 10% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) better paint for cards (d) sweets for yourself
  29. 29.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  30. 30.Which of these is spending on yourself? (a) a cinema ticket (b) buying a second juicer (c) better paint for cards (d) an emergency fund
  31. 31.Diya’s stall made a profit of ₹2000. Diya saves 10% of it. How many rupees are saved?
  32. 32.Meera’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?
  33. 33.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  35. 35.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Riya’s stall made a profit of ₹1900. Riya saves 50% of it. How many rupees are saved?
  37. 37.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  38. 38.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  40. 40.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?

Answer key

  1. for bad days and goals
  2. 175
  3. 1200
  4. 650
  5. 200
  6. 260
  7. 100
  8. profit put in a bank
  9. 160
  10. 218
  11. 72
  12. a piggy bank for later
  13. saving
  14. talk to parents
  15. saving
  16. 100
  17. 12
  18. a new video game
  19. more seeds for next time
  20. spending
  21. saving
  22. the cost of borrowing
  23. buying a second juicer
  24. 80
  25. 744
  26. 36
  27. 847
  28. an emergency fund
  29. reinvesting
  30. a cinema ticket
  31. 200
  32. 400
  33. 1026
  34. reinvesting
  35. 742
  36. 950
  37. reinvesting
  38. 118
  39. to keep trust
  40. can I pay it back?

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