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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 75 · 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) spending (c) saving
  2. 2.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to pay more interest (d) to keep trust
  3. 3.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  4. 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  5. 5.Lakshmi’s stall made a profit of ₹1500. Lakshmi saves 50% of it. How many rupees are saved?
  6. 6.Which of these is saving? (a) a new video game (b) profit put in a bank (c) buying a second juicer (d) better paint for cards
  7. 7.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) an emergency fund (d) sweets for yourself
  8. 8.Which of these is spending on yourself? (a) profit put in a bank (b) sweets for yourself (c) better paint for cards (d) buying a second juicer
  9. 9.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.Rohan’s stall made a profit of ₹500. Rohan saves 20% of it. How many rupees are saved?
  11. 11.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  12. 12.Kavya’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Arjun’s stall made a profit of ₹1400. Arjun saves 10% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.Meera’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Gurpreet’s stall made a profit of ₹1400. Gurpreet saves 50% of it. How many rupees are saved?
  17. 17.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later
  18. 18.Lakshmi’s stall made a profit of ₹1800. Lakshmi saves 10% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.💡 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?
  21. 21.Arjun’s stall made a profit of ₹600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) a cinema ticket (d) profit put in a bank
  23. 23.Vihaan’s stall made a profit of ₹1400. Vihaan saves 50% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.👪 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
  26. 26.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) profit put in a bank (d) better paint for cards
  27. 27.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  28. 28.Rohan’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) more seeds for next time (d) a new video game
  30. 30.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) an emergency fund (d) a cinema ticket
  31. 31.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Dev’s stall made a profit of ₹300. Dev saves 20% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  34. 34.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  37. 37.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  38. 38.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.Aarav’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. saving
  2. to keep trust
  3. spending
  4. spending
  5. 750
  6. profit put in a bank
  7. an emergency fund
  8. sweets for yourself
  9. 550
  10. 100
  11. saving
  12. 350
  13. 140
  14. 108
  15. 300
  16. 700
  17. for bad days and goals
  18. 180
  19. 24
  20. can I pay it back?
  21. 120
  22. a cinema ticket
  23. 700
  24. 84
  25. talk to parents
  26. better paint for cards
  27. the cost of borrowing
  28. 480
  29. a new video game
  30. buying a second juicer
  31. 18
  32. 60
  33. spending
  34. 84
  35. 520
  36. reinvesting
  37. reinvesting
  38. 1180
  39. 230
  40. 40

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