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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 730 · 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.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
  2. 2.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  3. 3.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.Dev’s stall made a profit of ₹900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  6. 6.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  8. 8.Meera’s stall made a profit of ₹900. Meera saves 20% of it. How many rupees are saved?
  9. 9.Which of these is reinvesting in the business? (a) a new video game (b) sweets for yourself (c) buying a second juicer (d) profit put in a bank
  10. 10.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) nothing (d) what is the logo?
  11. 11.Dev’s stall made a profit of ₹600. Dev saves 10% of it. How many rupees are saved?
  12. 12.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  13. 13.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  15. 15.Which of these is saving? (a) buying a second juicer (b) a new video game (c) a piggy bank for later (d) better paint for cards
  16. 16.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  17. 17.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) more seeds for next time (d) a cinema ticket
  18. 18.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Vihaan’s stall made a profit of ₹700. Vihaan saves 50% of it. How many rupees are saved?
  20. 20.Joseph’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 spent?
  21. 21.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  22. 22.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) more seeds for next time (d) sweets for yourself
  23. 23.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  24. 24.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.Which of these is spending on yourself? (a) a new video game (b) better paint for cards (c) profit put in a bank (d) an emergency fund
  27. 27.Ishaan’s stall made a profit of ₹1300. Ishaan saves 20% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Which of these is spending on yourself? (a) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) buying a second juicer
  32. 32.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  33. 33.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  34. 34.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.Diya’s stall made a profit of ₹700. Diya saves 50% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) a cinema ticket (d) better paint for cards
  39. 39.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.Nisha’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. talk to parents
  2. for bad days and goals
  3. 16
  4. 270
  5. spending
  6. 168
  7. reinvesting
  8. 180
  9. buying a second juicer
  10. can I pay it back?
  11. 60
  12. to keep trust
  13. 84
  14. saving
  15. a piggy bank for later
  16. putting profit back in
  17. a cinema ticket
  18. 910
  19. 350
  20. 175
  21. spending
  22. profit put in a bank
  23. spending
  24. 30
  25. 30
  26. a new video game
  27. 260
  28. 590
  29. 416
  30. 630
  31. sweets for yourself
  32. saving
  33. the cost of borrowing
  34. 636
  35. 350
  36. 770
  37. 642
  38. better paint for cards
  39. 108
  40. 300

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