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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 47 · 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) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
  2. 2.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  3. 3.Vihaan’s stall made a profit of ₹400. Vihaan saves 50% of it. How many rupees are saved?
  4. 4.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  5. 5.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) sweets for yourself (d) an emergency fund
  6. 6.Which of these is spending on yourself? (a) a cinema ticket (b) an emergency fund (c) buying a second juicer (d) profit put in a bank
  7. 7.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  8. 8.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.Saanvi’s stall made a profit of ₹1600. Saanvi saves 10% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  12. 12.Nisha’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?
  13. 13.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  14. 14.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) a cinema ticket
  16. 16.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  17. 17.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  19. 19.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  20. 20.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  21. 21.Aarav’s stall made a profit of ₹1500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) a new video game
  24. 24.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  26. 26.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.Gurpreet’s stall made a profit of ₹800. Gurpreet saves 10% of it. How many rupees are saved?
  29. 29.Vihaan’s stall made a profit of ₹1800. Vihaan saves 20% of it. How many rupees are saved?
  30. 30.Kavya’s stall made a profit of ₹500. Kavya saves 20% of it. How many rupees are saved?
  31. 31.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) sweets for yourself (d) a new video game
  32. 32.Tara’s stall made a profit of ₹1000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Kavya’s stall made a profit of ₹800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Joseph’s stall made a profit of ₹900. Joseph saves 25% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Joseph’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. for bad days and goals
  2. can I pay it back?
  3. 200
  4. talk to parents
  5. sweets for yourself
  6. a cinema ticket
  7. the cost of borrowing
  8. 84
  9. 160
  10. 636
  11. to keep trust
  12. 650
  13. putting profit back in
  14. 530
  15. better paint for cards
  16. saving
  17. 18
  18. spending
  19. reinvesting
  20. reinvesting
  21. 450
  22. 424
  23. profit put in a bank
  24. 210
  25. spending
  26. 121
  27. 636
  28. 80
  29. 360
  30. 100
  31. buying a second juicer
  32. 300
  33. 400
  34. 225
  35. 60
  36. 60
  37. 390
  38. 12
  39. 864
  40. 15

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