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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 754 · 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: profit put in a bank? (a) spending (b) saving (c) reinvesting
  2. 2.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  3. 3.Ishaan’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) better paint for cards (d) a new video game
  5. 5.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  6. 6.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) better paint for cards (d) more seeds for next time
  8. 8.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  9. 9.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  10. 10.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) sweets for yourself (d) a piggy bank for later
  12. 12.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 ₹)?
  13. 13.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  14. 14.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.👪 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
  16. 16.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  17. 17.Ananya’s stall made a profit of ₹1500. Ananya saves 25% of it. How many rupees are saved?
  18. 18.Ishaan’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Kavya’s stall made a profit of ₹900. Kavya saves 10% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  21. 21.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) sweets for yourself (d) an emergency fund
  22. 22.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.Diya’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  27. 27.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  28. 28.Riya’s stall made a profit of ₹1300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Aarav’s stall made a profit of ₹1700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  32. 32.Dev’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  37. 37.Farhan’s stall made a profit of ₹1100. Farhan saves 25% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) a cinema ticket (d) profit put in a bank
  40. 40.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. saving
  2. spending
  3. 300
  4. a new video game
  5. the cost of borrowing
  6. 605
  7. a cinema ticket
  8. for bad days and goals
  9. spending
  10. 660
  11. sweets for yourself
  12. 515
  13. to keep trust
  14. 127
  15. talk to parents
  16. saving
  17. 375
  18. 40
  19. 90
  20. spending
  21. an emergency fund
  22. 309
  23. 150
  24. 16
  25. 12
  26. saving
  27. putting profit back in
  28. 650
  29. 510
  30. 236
  31. reinvesting
  32. 180
  33. 48
  34. 84
  35. 64
  36. reinvesting
  37. 275
  38. 972
  39. profit put in a bank
  40. 990

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