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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 855 · 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.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  3. 3.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  4. 4.Vihaan’s stall made a profit of ₹1800. Vihaan saves 25% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  7. 7.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  8. 8.Kavya’s stall made a profit of ₹1800. Kavya saves 10% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.Riya’s stall made a profit of ₹1100. Riya saves 25% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  14. 14.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  15. 15.Riya’s stall made a profit of ₹600. Riya saves 25% of it. How many rupees are saved?
  16. 16.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  17. 17.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  18. 18.Kavya’s stall made a profit of ₹800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Riya’s stall made a profit of ₹1800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Nisha’s stall made a profit of ₹400. Nisha saves 50% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.Aarav’s stall made a profit of ₹1700. Aarav saves 25% of it. How many rupees are saved?
  24. 24.Nisha’s stall made a profit of ₹300. Nisha saves 25% of it. How many rupees are saved?
  25. 25.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) a cinema ticket (d) a piggy bank for later
  26. 26.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.Nisha’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 spent?
  28. 28.Diya’s stall made a profit of ₹300. Diya saves 10% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  33. 33.Saanvi’s stall made a profit of ₹500. Saanvi saves 10% of it. How many rupees are saved?
  34. 34.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
  35. 35.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  36. 36.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  37. 37.Lakshmi’s stall made a profit of ₹1300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Nisha’s stall made a profit of ₹800. Nisha saves 50% of it. How many rupees are saved?
  39. 39.Joseph’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. can I pay it back?
  2. reinvesting
  3. saving
  4. 450
  5. 4
  6. putting profit back in
  7. spending
  8. 180
  9. 864
  10. 275
  11. 64
  12. 102
  13. spending
  14. the cost of borrowing
  15. 150
  16. an emergency fund
  17. reinvesting
  18. 480
  19. 540
  20. 18
  21. 200
  22. 36
  23. 425
  24. 75
  25. a cinema ticket
  26. 1062
  27. 420
  28. 30
  29. 408
  30. 9
  31. 484
  32. talk to parents
  33. 50
  34. for bad days and goals
  35. better paint for cards
  36. to keep trust
  37. 585
  38. 400
  39. 225
  40. 1050

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