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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 745 · 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.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  2. 2.Vihaan’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  5. 5.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  6. 6.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) buying a second juicer (d) a piggy bank for later
  7. 7.Tara’s stall made a profit of ₹1200. Tara saves 10% of it. How many rupees are saved?
  8. 8.Ananya’s stall made a profit of ₹1600. Ananya saves 25% of it. How many rupees are saved?
  9. 9.Zoya’s stall made a profit of ₹1300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) buying a second juicer (d) a cinema ticket
  11. 11.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  12. 12.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 ₹)?
  13. 13.Vihaan’s stall made a profit of ₹1200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) buying a second juicer (d) a piggy bank for later
  15. 15.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 10% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Zoya’s stall made a profit of ₹1400. Zoya saves 10% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.Dev’s stall made a profit of ₹1800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a new video game (d) sweets for yourself
  21. 21.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) how fast can I spend? (d) nothing
  22. 22.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  23. 23.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  24. 24.Kabir’s stall made a profit of ₹1400. Kabir saves 20% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  26. 26.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.Kabir’s stall made a profit of ₹900. Kabir saves 10% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Diya’s stall made a profit of ₹1100. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.Arjun’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 spent?
  31. 31.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Rohan’s stall made a profit of ₹1400. Rohan saves 20% of it. How many rupees are saved?
  33. 33.🐷 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
  34. 34.Aarav’s stall made a profit of ₹600. Aarav saves 10% of it. How many rupees are saved?
  35. 35.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) a piggy bank for later (d) buying a second juicer
  36. 36.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) profit put in a bank (d) buying a second juicer
  37. 37.Aarav’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Zoya’s stall made a profit of ₹1000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  40. 40.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. saving
  2. 440
  3. 40
  4. the cost of borrowing
  5. to keep trust
  6. a cinema ticket
  7. 120
  8. 400
  9. 650
  10. buying a second juicer
  11. spending
  12. 416
  13. 360
  14. a new video game
  15. 50
  16. 372
  17. 140
  18. 126
  19. 540
  20. more seeds for next time
  21. can I pay it back?
  22. talk to parents
  23. saving
  24. 280
  25. spending
  26. 963
  27. 90
  28. 60
  29. 440
  30. 650
  31. 84
  32. 280
  33. for bad days and goals
  34. 60
  35. sweets for yourself
  36. profit put in a bank
  37. 350
  38. 400
  39. reinvesting
  40. 210

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