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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 510 · 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.Ishaan’s stall made a profit of ₹400. Ishaan saves 50% of it. How many rupees are saved?
  2. 2.Diya’s stall made a profit of ₹600. Diya saves 25% of it. How many rupees are saved?
  3. 3.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) more seeds for next time (d) buying a second juicer
  4. 4.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  5. 5.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  6. 6.Zoya’s stall made a profit of ₹300. Zoya saves 10% of it. How many rupees are saved?
  7. 7.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) profit put in a bank (d) buying a second juicer
  8. 8.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Dev’s stall made a profit of ₹1500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  11. 11.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) sweets for yourself (d) an emergency fund
  12. 12.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  13. 13.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) buying a second juicer (d) a piggy bank for later
  14. 14.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.Zoya’s stall made a profit of ₹1500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) a new video game (d) more seeds for next time
  17. 17.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  18. 18.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  19. 19.Dev’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  22. 22.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  26. 26.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  27. 27.Dev’s stall made a profit of ₹1400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Tara’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) profit put in a bank (d) a new video game
  30. 30.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later
  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 3 years (in ₹)?
  32. 32.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) better paint for cards
  33. 33.Zoya’s stall made a profit of ₹1400. Zoya saves 25% of it. How many rupees are saved?
  34. 34.Aarav’s stall made a profit of ₹400. Aarav saves 25% of it. How many rupees are saved?
  35. 35.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
  36. 36.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) more seeds for next time (d) a piggy bank for later
  37. 37.Tara’s stall made a profit of ₹600. Tara saves 50% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  40. 40.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. 200
  2. 150
  3. an emergency fund
  4. to keep trust
  5. saving
  6. 30
  7. buying a second juicer
  8. 84
  9. 750
  10. the cost of borrowing
  11. sweets for yourself
  12. spending
  13. a cinema ticket
  14. 408
  15. 300
  16. a piggy bank for later
  17. reinvesting
  18. can I pay it back?
  19. 440
  20. 216
  21. saving
  22. 24
  23. 270
  24. 28
  25. putting profit back in
  26. spending
  27. 560
  28. 360
  29. a new video game
  30. for bad days and goals
  31. 212
  32. better paint for cards
  33. 350
  34. 100
  35. talk to parents
  36. more seeds for next time
  37. 300
  38. 324
  39. saving
  40. 112

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