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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 490 · 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.Kavya’s stall made a profit of ₹1500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  3. 3.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  6. 6.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  7. 7.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) better paint for cards (d) a new video game
  8. 8.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  9. 9.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) an emergency fund (d) more seeds for next time
  10. 10.Which of these is saving? (a) better paint for cards (b) a new video game (c) buying a second juicer (d) an emergency fund
  11. 11.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  12. 12.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) a piggy bank for later (d) a cinema ticket
  13. 13.Gurpreet’s stall made a profit of ₹900. Gurpreet saves 50% of it. How many rupees are saved?
  14. 14.Gurpreet’s stall made a profit of ₹800. Gurpreet saves 20% of it. How many rupees are saved?
  15. 15.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  16. 16.Zoya’s stall made a profit of ₹1900. Zoya saves 25% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  18. 18.Aarav’s stall made a profit of ₹1900. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  20. 20.Nisha’s stall made a profit of ₹800. Nisha saves 25% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  23. 23.Diya’s stall made a profit of ₹900. Diya saves 50% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Meera’s stall made a profit of ₹200. Meera saves 20% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  28. 28.Which of these is spending on yourself? (a) buying a second juicer (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  29. 29.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  33. 33.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  34. 34.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Gurpreet’s stall made a profit of ₹700. Gurpreet saves 10% of it. How many rupees are saved?
  36. 36.Zoya’s stall made a profit of ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Joseph’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest

Answer key

  1. 600
  2. talk to parents
  3. 1008
  4. 726
  5. saving
  6. spending
  7. better paint for cards
  8. putting profit back in
  9. more seeds for next time
  10. an emergency fund
  11. buying a second juicer
  12. a cinema ticket
  13. 450
  14. 160
  15. reinvesting
  16. 475
  17. reinvesting
  18. 760
  19. for bad days and goals
  20. 200
  21. 162
  22. the cost of borrowing
  23. 450
  24. 708
  25. 232
  26. 40
  27. reinvesting
  28. sweets for yourself
  29. 36
  30. 180
  31. 570
  32. saving
  33. spending
  34. 420
  35. 70
  36. 780
  37. 24
  38. 330
  39. 20
  40. to keep trust

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