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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 761 · 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.🐷 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
  2. 2.Aarav’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) an emergency fund (d) a new video game
  4. 4.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) an emergency fund (d) better paint for cards
  5. 5.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  8. 8.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  9. 9.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) a piggy bank for later (d) buying a second juicer
  11. 11.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) sweets for yourself (d) better paint for cards
  12. 12.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  15. 15.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.Kabir’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  18. 18.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  20. 20.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
  21. 21.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  22. 22.Ananya’s stall made a profit of ₹1000. Ananya saves 20% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  25. 25.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Aarav’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Tara’s stall made a profit of ₹900. Tara saves 10% of it. How many rupees are saved?
  28. 28.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a new video game (d) a piggy bank for later
  29. 29.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Meera’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  34. 34.Vihaan’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Dev’s stall made a profit of ₹300. Dev saves 10% of it. How many rupees are saved?
  36. 36.Meera’s stall made a profit of ₹500. Meera saves 20% of it. How many rupees are saved?
  37. 37.Riya’s stall made a profit of ₹400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Aarav’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?
  39. 39.Nisha’s stall made a profit of ₹1500. Nisha saves 50% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. for bad days and goals
  2. 200
  3. a new video game
  4. an emergency fund
  5. saving
  6. spending
  7. saving
  8. the cost of borrowing
  9. 45
  10. buying a second juicer
  11. sweets for yourself
  12. 60
  13. 60
  14. putting profit back in
  15. 1089
  16. 60
  17. reinvesting
  18. 742
  19. reinvesting
  20. to keep trust
  21. talk to parents
  22. 200
  23. 204
  24. spending
  25. 762
  26. 70
  27. 90
  28. a piggy bank for later
  29. 16
  30. 18
  31. 954
  32. 350
  33. reinvesting
  34. 160
  35. 30
  36. 100
  37. 100
  38. 350
  39. 750
  40. 18

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