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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 669 · 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.

NameDateTime takenScore ___ / 40
  1. 1.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  3. 3.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.Ishaan’s stall made a profit of ₹1700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.Meera’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Which of these is saving? (a) a new video game (b) a cinema ticket (c) a piggy bank for later (d) better paint for cards
  7. 7.Which of these is saving? (a) a new video game (b) more seeds for next time (c) a cinema ticket (d) profit put in a bank
  8. 8.Saanvi’s stall made a profit of ₹1700. Saanvi saves 25% of it. How many rupees are saved?
  9. 9.Ananya’s stall made a profit of ₹700. Ananya saves 20% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  11. 11.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  13. 13.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  14. 14.Nisha’s stall made a profit of ₹200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  17. 17.Dev’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  19. 19.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) buying a second juicer (d) an emergency fund
  20. 20.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  21. 21.Kabir’s stall made a profit of ₹1700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  23. 23.Kavya’s stall made a profit of ₹500. Kavya saves 10% of it. How many rupees are saved?
  24. 24.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  25. 25.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) buying a second juicer (d) an emergency fund
  26. 26.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Diya’s stall made a profit of ₹300. Diya saves 50% of it. How many rupees are saved?
  28. 28.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  29. 29.Ishaan’s stall made a profit of ₹1300. Ishaan saves 50% of it. How many rupees are saved?
  30. 30.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  31. 31.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.Tara’s stall made a profit of ₹700. Tara saves 20% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Vihaan’s stall made a profit of ₹500. Vihaan saves 50% of it. How many rupees are saved?
  35. 35.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) profit put in a bank (d) more seeds for next time
  36. 36.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  37. 37.Rohan’s stall made a profit of ₹1200. Rohan saves 20% of it. How many rupees are saved?
  38. 38.Nisha’s stall made a profit of ₹500. Nisha saves 25% of it. How many rupees are saved?
  39. 39.Tara’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 spent?
  40. 40.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. the cost of borrowing
  2. talk to parents
  3. 40
  4. 935
  5. 700
  6. a piggy bank for later
  7. profit put in a bank
  8. 425
  9. 140
  10. spending
  11. 124
  12. spending
  13. to keep trust
  14. 100
  15. 1060
  16. reinvesting
  17. 180
  18. for bad days and goals
  19. a new video game
  20. putting profit back in
  21. 340
  22. reinvesting
  23. 50
  24. saving
  25. buying a second juicer
  26. 48
  27. 150
  28. can I pay it back?
  29. 650
  30. reinvesting
  31. 100
  32. 140
  33. 100
  34. 250
  35. more seeds for next time
  36. saving
  37. 240
  38. 125
  39. 490
  40. 64

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