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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 517 · 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.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) a cinema ticket (d) a piggy bank for later
  2. 2.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) an emergency fund (d) profit put in a bank
  3. 3.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) a cinema ticket (d) better paint for cards
  4. 4.Tara’s stall made a profit of ₹1600. Tara saves 10% of it. How many rupees are saved?
  5. 5.Gurpreet’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Ishaan’s stall made a profit of ₹1500. Ishaan saves 20% of it. How many rupees are saved?
  7. 7.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) more seeds for next time (d) profit put in a bank
  8. 8.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  9. 9.Lakshmi’s stall made a profit of ₹200. Lakshmi saves 25% of it. How many rupees are saved?
  10. 10.👪 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
  11. 11.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.Joseph’s stall made a profit of ₹200. Joseph saves 25% of it. How many rupees are saved?
  13. 13.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  14. 14.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
  16. 16.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) a piggy bank for later (d) a new video game
  17. 17.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  18. 18.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  19. 19.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) buying a second juicer (d) profit put in a bank
  20. 20.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  21. 21.Dev’s stall made a profit of ₹1100. Dev saves 25% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  23. 23.Which of these is reinvesting in the business? (a) more seeds for next time (b) a cinema ticket (c) an emergency fund (d) a piggy bank for later
  24. 24.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.Vihaan’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 reinvested?
  26. 26.Kavya’s stall made a profit of ₹500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  31. 31.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 ₹)?
  32. 32.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Aarav’s stall made a profit of ₹900. Aarav saves 25% of it. How many rupees are saved?
  35. 35.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  36. 36.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Joseph’s stall made a profit of ₹1700. Joseph saves 10% of it. How many rupees are saved?
  38. 38.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  39. 39.Kabir’s stall made a profit of ₹300. Kabir saves 50% of it. How many rupees are saved?
  40. 40.Zoya’s stall made a profit of ₹300. Zoya saves 10% of it. How many rupees are saved?

Answer key

  1. a cinema ticket
  2. a new video game
  3. better paint for cards
  4. 160
  5. 120
  6. 300
  7. profit put in a bank
  8. reinvesting
  9. 50
  10. talk to parents
  11. 1030
  12. 50
  13. reinvesting
  14. 103
  15. can I pay it back?
  16. a piggy bank for later
  17. spending
  18. the cost of borrowing
  19. buying a second juicer
  20. spending
  21. 275
  22. spending
  23. more seeds for next time
  24. 36
  25. 320
  26. 200
  27. 728
  28. 540
  29. 180
  30. saving
  31. 1008
  32. 48
  33. 6
  34. 225
  35. reinvesting
  36. 150
  37. 170
  38. to keep trust
  39. 150
  40. 30

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