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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 675 · 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.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
  2. 2.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) sweets for yourself (d) a piggy bank for later
  3. 3.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  4. 4.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) better paint for cards (d) a cinema ticket
  5. 5.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) an emergency fund
  6. 6.Ananya’s stall made a profit of ₹1300. Ananya saves 25% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  8. 8.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  9. 9.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  10. 10.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.Diya’s stall made a profit of ₹1300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  13. 13.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  14. 14.Lakshmi’s stall made a profit of ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.Ishaan’s stall made a profit of ₹2000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Arjun’s stall made a profit of ₹1900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) profit put in a bank (d) a cinema ticket
  18. 18.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  19. 19.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  21. 21.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.Dev’s stall made a profit of ₹2000. Dev saves 10% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) a piggy bank for later (d) buying a second juicer
  28. 28.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  29. 29.Meera’s stall made a profit of ₹1600. Meera saves 10% of it. How many rupees are saved?
  30. 30.Saanvi’s stall made a profit of ₹500. Saanvi saves 20% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  32. 32.Zoya’s stall made a profit of ₹1400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Saanvi’s stall made a profit of ₹1100. Saanvi saves 50% of it. How many rupees are saved?
  34. 34.Nisha’s stall made a profit of ₹300. Nisha saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.Aarav’s stall made a profit of ₹400. Aarav saves 20% of it. How many rupees are saved?
  38. 38.Diya’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Vihaan’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Ananya’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. can I pay it back?
  2. sweets for yourself
  3. talk to parents
  4. profit put in a bank
  5. buying a second juicer
  6. 325
  7. 520
  8. putting profit back in
  9. reinvesting
  10. 28
  11. 390
  12. the cost of borrowing
  13. saving
  14. 540
  15. 800
  16. 760
  17. a cinema ticket
  18. to keep trust
  19. 1120
  20. for bad days and goals
  21. 848
  22. 200
  23. 312
  24. 56
  25. 208
  26. 27
  27. a piggy bank for later
  28. spending
  29. 160
  30. 100
  31. reinvesting
  32. 770
  33. 550
  34. 30
  35. 9
  36. 756
  37. 80
  38. 140
  39. 210
  40. 100

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