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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 933 · 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 spending on yourself? (a) sweets for yourself (b) more seeds for next time (c) better paint for cards (d) buying a second juicer
  2. 2.Which of these is saving? (a) an emergency fund (b) more seeds for next time (c) a cinema ticket (d) sweets for yourself
  3. 3.Joseph’s stall made a profit of ₹700. Joseph saves 50% of it. How many rupees are saved?
  4. 4.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  5. 5.Ananya’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  7. 7.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) buying a second juicer (d) a cinema ticket
  10. 10.🐷 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
  11. 11.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  12. 12.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.Meera’s stall made a profit of ₹1300. Meera saves 10% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.💡 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
  16. 16.Saanvi’s stall made a profit of ₹1500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Kavya’s stall made a profit of ₹400. Kavya saves 20% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  20. 20.Meera’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?
  21. 21.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  22. 22.Aarav’s stall made a profit of ₹700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Which of these is saving? (a) sweets for yourself (b) a new video game (c) profit put in a bank (d) a cinema ticket
  24. 24.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.Joseph’s stall made a profit of ₹300. Joseph saves 20% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.Aarav’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?
  30. 30.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  31. 31.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Ishaan’s stall made a profit of ₹1400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Ishaan’s stall made a profit of ₹600. Ishaan saves 25% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.Which of these is saving? (a) a cinema ticket (b) a piggy bank for later (c) better paint for cards (d) more seeds for next time
  36. 36.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
  37. 37.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) an emergency fund (d) buying a second juicer
  38. 38.Gurpreet’s stall made a profit of ₹1500. Gurpreet saves 20% of it. How many rupees are saved?
  39. 39.Diya’s stall made a profit of ₹1900. Diya saves 25% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. sweets for yourself
  2. an emergency fund
  3. 350
  4. the cost of borrowing
  5. 400
  6. spending
  7. 520
  8. 70
  9. buying a second juicer
  10. for bad days and goals
  11. saving
  12. 928
  13. 130
  14. 12
  15. can I pay it back?
  16. 450
  17. 80
  18. 72
  19. putting profit back in
  20. 540
  21. talk to parents
  22. 385
  23. profit put in a bank
  24. 60
  25. 90
  26. 60
  27. 18
  28. 936
  29. 560
  30. saving
  31. 48
  32. 560
  33. 150
  34. 180
  35. a piggy bank for later
  36. to keep trust
  37. a new video game
  38. 300
  39. 475
  40. 872

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