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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 763 · 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.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) buying a second juicer (d) an emergency fund
  2. 2.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 ₹)?
  3. 3.Gurpreet’s stall made a profit of ₹1000. 10% 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) buying a second juicer (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  5. 5.Dev’s stall made a profit of ₹700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Rohan’s stall made a profit of ₹1000. Rohan saves 20% of it. How many rupees are saved?
  7. 7.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  10. 10.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) a new video game (d) better paint for cards
  11. 11.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  12. 12.Ishaan’s stall made a profit of ₹400. Ishaan saves 25% of it. How many rupees are saved?
  13. 13.Ananya’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Ananya’s stall made a profit of ₹1400. Ananya saves 20% of it. How many rupees are saved?
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  16. 16.Diya’s stall made a profit of ₹200. Diya saves 50% of it. How many rupees are saved?
  17. 17.Ishaan’s stall made a profit of ₹800. Ishaan saves 50% of it. How many rupees are saved?
  18. 18.Dev’s stall made a profit of ₹600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  20. 20.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  21. 21.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) better paint for cards (d) an emergency fund
  22. 22.Kabir’s stall made a profit of ₹500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Vihaan’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  26. 26.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 ₹)?
  27. 27.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  28. 28.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Which of these is saving? (a) sweets for yourself (b) a new video game (c) more seeds for next time (d) profit put in a bank
  30. 30.Riya’s stall made a profit of ₹1200. Riya saves 50% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.Kavya’s stall made a profit of ₹700. Kavya saves 10% of it. How many rupees are saved?
  33. 33.Saanvi’s stall made a profit of ₹2000. Saanvi saves 50% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.Kabir’s stall made a profit of ₹1200. Kabir saves 50% of it. How many rupees are saved?
  36. 36.Meera’s stall made a profit of ₹200. Meera saves 10% of it. How many rupees are saved?
  37. 37.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  38. 38.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Ishaan’s stall made a profit of ₹600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) more seeds for next time (d) an emergency fund

Answer key

  1. a new video game
  2. 636
  3. 200
  4. a cinema ticket
  5. 280
  6. 200
  7. for bad days and goals
  8. talk to parents
  9. reinvesting
  10. a piggy bank for later
  11. the cost of borrowing
  12. 100
  13. 180
  14. 280
  15. saving
  16. 100
  17. 400
  18. 240
  19. to keep trust
  20. can I pay it back?
  21. better paint for cards
  22. 150
  23. 12
  24. 1080
  25. saving
  26. 372
  27. putting profit back in
  28. 109
  29. profit put in a bank
  30. 600
  31. 32
  32. 70
  33. 1000
  34. 1180
  35. 600
  36. 20
  37. spending
  38. 110
  39. 240
  40. an emergency fund

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