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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 681 · 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.Ishaan’s stall made a profit of ₹800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) profit put in a bank (d) sweets for yourself
  3. 3.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
  4. 4.Kabir’s stall made a profit of ₹1900. Kabir saves 10% of it. How many rupees are saved?
  5. 5.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a piggy bank for later (d) a cinema ticket
  6. 6.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  7. 7.💡 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
  8. 8.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  9. 9.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) buying a second juicer (d) a piggy bank for later
  10. 10.Meera’s stall made a profit of ₹900. Meera saves 10% of it. How many rupees are saved?
  11. 11.Kabir’s stall made a profit of ₹2000. Kabir saves 25% of it. How many rupees are saved?
  12. 12.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  13. 13.Which of these is reinvesting in the business? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) an emergency fund
  14. 14.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  16. 16.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) ask strangers (d) take it secretly
  18. 18.Kabir’s stall made a profit of ₹1900. Kabir saves 20% of it. How many rupees are saved?
  19. 19.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  20. 20.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  22. 22.Which of these is reinvesting in the business? (a) a cinema ticket (b) more seeds for next time (c) sweets for yourself (d) a new video game
  23. 23.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.Farhan’s stall made a profit of ₹1300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Meera’s stall made a profit of ₹1400. Meera saves 10% of it. How many rupees are saved?
  28. 28.Rohan’s stall made a profit of ₹1300. Rohan saves 50% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  30. 30.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  32. 32.Meera’s stall made a profit of ₹1400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Lakshmi’s stall made a profit of ₹900. Lakshmi saves 25% of it. How many rupees are saved?
  34. 34.Arjun’s stall made a profit of ₹900. Arjun saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Kavya’s stall made a profit of ₹700. Kavya saves 20% of it. How many rupees are saved?
  37. 37.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) a cinema ticket (d) a piggy bank for later
  38. 38.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  39. 39.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. 160
  2. sweets for yourself
  3. for bad days and goals
  4. 190
  5. a piggy bank for later
  6. to keep trust
  7. can I pay it back?
  8. the cost of borrowing
  9. buying a second juicer
  10. 90
  11. 500
  12. saving
  13. better paint for cards
  14. 648
  15. saving
  16. 545
  17. talk to parents
  18. 380
  19. reinvesting
  20. 472
  21. reinvesting
  22. more seeds for next time
  23. 24
  24. 49
  25. 515
  26. 650
  27. 140
  28. 650
  29. spending
  30. 48
  31. putting profit back in
  32. 560
  33. 225
  34. 90
  35. 30
  36. 140
  37. a cinema ticket
  38. saving
  39. 14
  40. 70

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