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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 570 · 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.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  2. 2.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  3. 3.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  4. 4.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.Diya’s stall made a profit of ₹600. Diya saves 25% of it. How many rupees are saved?
  6. 6.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  8. 8.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) to lose friends (d) it does not matter
  9. 9.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) buying a second juicer (d) sweets for yourself
  10. 10.Gurpreet’s stall made a profit of ₹1900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  12. 12.Which of these is reinvesting in the business? (a) more seeds for next time (b) a piggy bank for later (c) an emergency fund (d) a new video game
  13. 13.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  14. 14.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  15. 15.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) a piggy bank for later (d) a new video game
  17. 17.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  18. 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  19. 19.Aarav’s stall made a profit of ₹1900. Aarav saves 10% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.Ananya’s stall made a profit of ₹1800. Ananya saves 10% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.Tara’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.Riya’s stall made a profit of ₹1500. Riya saves 10% of it. How many rupees are saved?
  25. 25.Diya’s stall made a profit of ₹1600. Diya saves 10% of it. How many rupees are saved?
  26. 26.Vihaan’s stall made a profit of ₹400. Vihaan saves 25% of it. How many rupees are saved?
  27. 27.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) a piggy bank for later (d) buying a second juicer
  28. 28.Lakshmi’s stall made a profit of ₹200. Lakshmi saves 25% of it. How many rupees are saved?
  29. 29.Dev’s stall made a profit of ₹800. Dev saves 10% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.Joseph’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 spent?
  32. 32.Rohan’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 spent?
  33. 33.Vihaan’s stall made a profit of ₹600. Vihaan saves 10% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Diya’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Gurpreet’s stall made a profit of ₹2000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Tara’s stall made a profit of ₹900. Tara saves 20% of it. How many rupees are saved?
  38. 38.Nisha’s stall made a profit of ₹900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) a cinema ticket (d) better paint for cards
  40. 40.Farhan’s stall made a profit of ₹300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. spending
  2. for bad days and goals
  3. talk to parents
  4. 749
  5. 150
  6. 72
  7. the cost of borrowing
  8. to keep trust
  9. sweets for yourself
  10. 380
  11. putting profit back in
  12. more seeds for next time
  13. reinvesting
  14. saving
  15. 109
  16. a new video game
  17. reinvesting
  18. saving
  19. 190
  20. 54
  21. 180
  22. 120
  23. 180
  24. 150
  25. 160
  26. 100
  27. a piggy bank for later
  28. 50
  29. 80
  30. 1089
  31. 450
  32. 240
  33. 60
  34. 3
  35. 480
  36. 900
  37. 180
  38. 360
  39. a cinema ticket
  40. 135

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