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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 768 · 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 saving? (a) a piggy bank for later (b) sweets for yourself (c) buying a second juicer (d) more seeds for next time
  2. 2.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) a piggy bank for later (d) buying a second juicer
  4. 4.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  5. 5.Arjun’s stall made a profit of ₹1400. Arjun saves 10% of it. How many rupees are saved?
  6. 6.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  7. 7.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  8. 8.Meera’s stall made a profit of ₹300. Meera saves 10% of it. How many rupees are saved?
  9. 9.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  10. 10.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  11. 11.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) a cinema ticket (d) buying a second juicer
  12. 12.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  13. 13.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.Kabir’s stall made a profit of ₹1700. Kabir saves 50% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  17. 17.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a piggy bank for later (d) a cinema ticket
  18. 18.Riya’s stall made a profit of ₹400. Riya saves 50% of it. How many rupees are saved?
  19. 19.Joseph’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Farhan’s stall made a profit of ₹1000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  22. 22.Gurpreet’s stall made a profit of ₹1900. Gurpreet saves 50% of it. How many rupees are saved?
  23. 23.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) more seeds for next time (d) a cinema ticket
  24. 24.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  25. 25.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  27. 27.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) a new video game (d) a cinema ticket
  28. 28.Diya’s stall made a profit of ₹700. Diya saves 25% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Tara’s stall made a profit of ₹1200. Tara saves 10% of it. How many rupees are saved?
  31. 31.Ishaan’s stall made a profit of ₹1500. Ishaan saves 10% of it. How many rupees are saved?
  32. 32.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  33. 33.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  36. 36.Kavya’s stall made a profit of ₹1900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.Kavya’s stall made a profit of ₹1200. Kavya saves 10% of it. How many rupees are saved?
  39. 39.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) a piggy bank for later (d) sweets for yourself
  40. 40.Diya’s stall made a profit of ₹800. Diya saves 50% of it. How many rupees are saved?

Answer key

  1. a piggy bank for later
  2. 254
  3. a new video game
  4. reinvesting
  5. 140
  6. can I pay it back?
  7. talk to parents
  8. 30
  9. saving
  10. for bad days and goals
  11. buying a second juicer
  12. putting profit back in
  13. 520
  14. 850
  15. 315
  16. saving
  17. a cinema ticket
  18. 200
  19. 350
  20. 500
  21. saving
  22. 950
  23. an emergency fund
  24. spending
  25. 72
  26. reinvesting
  27. profit put in a bank
  28. 175
  29. 120
  30. 120
  31. 150
  32. the cost of borrowing
  33. 440
  34. 36
  35. reinvesting
  36. 855
  37. 160
  38. 120
  39. sweets for yourself
  40. 400

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