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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 769 · 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.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  2. 2.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  5. 5.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  6. 6.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.Gurpreet’s stall made a profit of ₹1800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.Kabir’s stall made a profit of ₹1500. Kabir saves 10% of it. How many rupees are saved?
  9. 9.Kabir’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  11. 11.Diya’s stall made a profit of ₹1300. Diya saves 25% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) a cinema ticket (d) a piggy bank for later
  15. 15.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.Rohan’s stall made a profit of ₹1800. Rohan saves 25% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  18. 18.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) sweets for yourself (d) better paint for cards
  20. 20.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  21. 21.Farhan’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.Dev’s stall made a profit of ₹1400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  25. 25.Zoya’s stall made a profit of ₹800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  27. 27.Saanvi’s stall made a profit of ₹1400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  29. 29.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  30. 30.Joseph’s stall made a profit of ₹2000. Joseph saves 50% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Saanvi’s stall made a profit of ₹1900. Saanvi saves 25% of it. How many rupees are saved?
  33. 33.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
  34. 34.Arjun’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Zoya’s stall made a profit of ₹1300. Zoya saves 10% of it. How many rupees are saved?
  37. 37.Kabir’s stall made a profit of ₹1900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  39. 39.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) profit put in a bank (d) sweets for yourself
  40. 40.Kabir’s stall made a profit of ₹1200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. talk to parents
  2. 496
  3. saving
  4. saving
  5. putting profit back in
  6. 72
  7. 360
  8. 150
  9. 1140
  10. spending
  11. 325
  12. 64
  13. 1060
  14. buying a second juicer
  15. 1200
  16. 450
  17. reinvesting
  18. 342
  19. an emergency fund
  20. for bad days and goals
  21. 150
  22. 36
  23. 560
  24. the cost of borrowing
  25. 320
  26. spending
  27. 560
  28. saving
  29. to keep trust
  30. 1000
  31. 20
  32. 475
  33. can I pay it back?
  34. 120
  35. 72
  36. 130
  37. 380
  38. reinvesting
  39. profit put in a bank
  40. 540

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