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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 59 · 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.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  2. 2.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  3. 3.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  4. 4.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) more seeds for next time (d) a new video game
  5. 5.Meera’s stall made a profit of ₹1700. Meera saves 50% of it. How many rupees are saved?
  6. 6.Nisha’s stall made a profit of ₹200. Nisha saves 25% of it. How many rupees are saved?
  7. 7.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) a cinema ticket (d) more seeds for next time
  8. 8.Gurpreet’s stall made a profit of ₹400. Gurpreet saves 25% of it. How many rupees are saved?
  9. 9.Aarav’s stall made a profit of ₹200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.👪 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
  11. 11.Which of these is saving? (a) a new video game (b) sweets for yourself (c) better paint for cards (d) an emergency fund
  12. 12.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) buying a second juicer (d) an emergency fund
  13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  14. 14.Vihaan’s stall made a profit of ₹400. Vihaan saves 25% of it. How many rupees are saved?
  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 1 year (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  17. 17.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  18. 18.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
  19. 19.Saanvi’s stall made a profit of ₹1900. Saanvi saves 10% of it. How many rupees are saved?
  20. 20.Vihaan’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.Ishaan’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  25. 25.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) profit put in a bank (d) a piggy bank for later
  27. 27.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  28. 28.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a new video game (d) profit put in a bank
  29. 29.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  30. 30.Ishaan’s stall made a profit of ₹700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  32. 32.Ishaan’s stall made a profit of ₹1300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.Which of these is spending on yourself? (a) buying a second juicer (b) a new video game (c) more seeds for next time (d) a piggy bank for later
  35. 35.Kabir’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?
  36. 36.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Aarav’s stall made a profit of ₹500. Aarav saves 25% 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 interest is due after 3 years (in ₹)?
  39. 39.Dev’s stall made a profit of ₹700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. to keep trust
  2. can I pay it back?
  3. saving
  4. a piggy bank for later
  5. 850
  6. 50
  7. more seeds for next time
  8. 100
  9. 100
  10. talk to parents
  11. an emergency fund
  12. buying a second juicer
  13. saving
  14. 100
  15. 103
  16. saving
  17. for bad days and goals
  18. sweets for yourself
  19. 190
  20. 250
  21. 16
  22. 100
  23. 3
  24. spending
  25. 216
  26. a cinema ticket
  27. spending
  28. profit put in a bank
  29. the cost of borrowing
  30. 140
  31. spending
  32. 260
  33. 798
  34. a new video game
  35. 440
  36. 48
  37. 125
  38. 72
  39. 350
  40. 18

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