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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 890 · 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.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) ask strangers (d) borrow online alone
  3. 3.Which of these is saving? (a) a new video game (b) profit put in a bank (c) buying a second juicer (d) a cinema ticket
  4. 4.Kabir’s stall made a profit of ₹1000. Kabir saves 10% of it. How many rupees are saved?
  5. 5.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  6. 6.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  7. 7.Dev’s stall made a profit of ₹2000. Dev saves 20% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  9. 9.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) buying a second juicer (d) a piggy bank for later
  14. 14.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.Dev’s stall made a profit of ₹1500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Ishaan’s stall made a profit of ₹1200. Ishaan saves 10% of it. How many rupees are saved?
  17. 17.💡 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?
  18. 18.Saanvi’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 reinvested?
  19. 19.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) an emergency fund (d) buying a second juicer
  22. 22.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  23. 23.Saanvi’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  25. 25.Joseph’s stall made a profit of ₹1500. Joseph saves 10% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Rohan’s stall made a profit of ₹1200. Rohan saves 50% of it. How many rupees are saved?
  28. 28.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  29. 29.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  30. 30.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) more seeds for next time (d) sweets for yourself
  32. 32.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  34. 34.Nisha’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Riya’s stall made a profit of ₹500. Riya saves 10% of it. How many rupees are saved?
  36. 36.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) an emergency fund (d) buying a second juicer
  37. 37.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) a new video game (d) buying a second juicer
  38. 38.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.Arjun’s stall made a profit of ₹1800. Arjun saves 50% of it. How many rupees are saved?
  40. 40.Kabir’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 reinvested?

Answer key

  1. saving
  2. talk to parents
  3. profit put in a bank
  4. 100
  5. reinvesting
  6. for bad days and goals
  7. 400
  8. saving
  9. 240
  10. 1044
  11. 530
  12. 436
  13. buying a second juicer
  14. 1170
  15. 750
  16. 120
  17. can I pay it back?
  18. 360
  19. 108
  20. 944
  21. a cinema ticket
  22. saving
  23. 550
  24. a piggy bank for later
  25. 150
  26. 42
  27. 600
  28. the cost of borrowing
  29. to keep trust
  30. 80
  31. sweets for yourself
  32. 1240
  33. reinvesting
  34. 720
  35. 50
  36. a new video game
  37. an emergency fund
  38. 140
  39. 900
  40. 390

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