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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 470 · 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.

NameDateTime takenScore ___ / 40
  1. 1.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  2. 2.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  3. 3.🐷 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
  4. 4.Farhan’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.Kavya’s stall made a profit of ₹1300. Kavya saves 50% of it. How many rupees are saved?
  7. 7.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) better paint for cards (d) more seeds for next time
  8. 8.Which of these is saving? (a) a new video game (b) more seeds for next time (c) better paint for cards (d) a piggy bank for later
  9. 9.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.Kavya’s stall made a profit of ₹500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  12. 12.Farhan’s stall made a profit of ₹2000. Farhan saves 50% of it. How many rupees are saved?
  13. 13.Aarav’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  15. 15.Tara’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Saanvi’s stall made a profit of ₹600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Kavya’s stall made a profit of ₹1800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) buying a second juicer (d) sweets for yourself
  19. 19.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  24. 24.Kabir’s stall made a profit of ₹1700. Kabir saves 20% of it. How many rupees are saved?
  25. 25.Ananya’s stall made a profit of ₹1900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Saanvi’s stall made a profit of ₹1500. Saanvi saves 25% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  28. 28.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  29. 29.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) a new video game
  30. 30.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  31. 31.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Aarav’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.Zoya’s stall made a profit of ₹500. Zoya saves 20% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Diya’s stall made a profit of ₹800. Diya saves 50% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Lakshmi’s stall made a profit of ₹2000. Lakshmi saves 50% of it. How many rupees are saved?
  39. 39.Aarav’s stall made a profit of ₹700. Aarav saves 25% of it. How many rupees are saved?
  40. 40.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) sweets for yourself (d) profit put in a bank

Answer key

  1. to keep trust
  2. the cost of borrowing
  3. for bad days and goals
  4. 180
  5. 848
  6. 650
  7. a cinema ticket
  8. a piggy bank for later
  9. 220
  10. 150
  11. saving
  12. 1000
  13. 210
  14. talk to parents
  15. 160
  16. 240
  17. 630
  18. buying a second juicer
  19. 48
  20. 72
  21. 856
  22. 112
  23. can I pay it back?
  24. 340
  25. 380
  26. 375
  27. reinvesting
  28. spending
  29. more seeds for next time
  30. putting profit back in
  31. 204
  32. 100
  33. 348
  34. 100
  35. 248
  36. 400
  37. 84
  38. 1000
  39. 175
  40. profit put in a bank

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