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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 879 · 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) what is the logo? (c) nothing (d) can I pay it back?
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  3. 3.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) better paint for cards (d) a new video game
  4. 4.Joseph’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) more seeds for next time (d) a cinema ticket
  6. 6.Ananya’s stall made a profit of ₹1500. Ananya saves 50% of it. How many rupees are saved?
  7. 7.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) better paint for cards
  8. 8.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  9. 9.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.Which of these is saving? (a) a cinema ticket (b) a new video game (c) an emergency fund (d) more seeds for next time
  11. 11.Which of these is spending on yourself? (a) profit put in a bank (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  12. 12.Ananya’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Rohan’s stall made a profit of ₹400. Rohan saves 10% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  16. 16.Zoya’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) a cinema ticket (d) more seeds for next time
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  19. 19.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) sweets for yourself
  21. 21.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  22. 22.Vihaan’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  24. 24.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.Diya’s stall made a profit of ₹800. Diya saves 20% of it. How many rupees are saved?
  26. 26.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  27. 27.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.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 ₹)?
  29. 29.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  31. 31.Zoya’s stall made a profit of ₹200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  33. 33.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Rohan’s stall made a profit of ₹1500. Rohan saves 10% of it. How many rupees are saved?
  35. 35.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  36. 36.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.Tara’s stall made a profit of ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Kavya’s stall made a profit of ₹200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. can I pay it back?
  2. talk to parents
  3. a new video game
  4. 150
  5. a piggy bank for later
  6. 750
  7. profit put in a bank
  8. reinvesting
  9. 798
  10. an emergency fund
  11. sweets for yourself
  12. 210
  13. 40
  14. 1090
  15. to keep trust
  16. 120
  17. more seeds for next time
  18. saving
  19. 27
  20. buying a second juicer
  21. spending
  22. 240
  23. putting profit back in
  24. 180
  25. 160
  26. saving
  27. 28
  28. 520
  29. 327
  30. spending
  31. 100
  32. reinvesting
  33. 10
  34. 150
  35. saving
  36. 992
  37. 109
  38. 540
  39. 654
  40. 100

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