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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 974 · 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) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  2. 2.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  3. 3.Zoya’s stall made a profit of ₹1000. Zoya saves 25% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) sweets for yourself (d) better paint for cards
  9. 9.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) profit put in a bank (d) an emergency fund
  10. 10.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  11. 11.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) sweets for yourself (d) better paint for cards
  13. 13.Ishaan’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  15. 15.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  16. 16.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) sweets for yourself (d) a new video game
  17. 17.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  19. 19.Meera’s stall made a profit of ₹2000. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.Saanvi’s stall made a profit of ₹1600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.Dev’s stall made a profit of ₹1300. Dev saves 50% of it. How many rupees are saved?
  22. 22.Saanvi’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Diya’s stall made a profit of ₹1700. Diya saves 25% of it. How many rupees are saved?
  25. 25.Meera’s stall made a profit of ₹1100. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  27. 27.Riya’s stall made a profit of ₹1100. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  29. 29.Diya’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.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 ₹)?
  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 2 years (in ₹)?
  32. 32.Nisha’s stall made a profit of ₹300. Nisha saves 10% of it. How many rupees are saved?
  33. 33.Lakshmi’s stall made a profit of ₹1900. Lakshmi saves 25% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  35. 35.Meera’s stall made a profit of ₹1000. Meera saves 10% of it. How many rupees are saved?
  36. 36.Kabir’s stall made a profit of ₹600. Kabir saves 25% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  39. 39.Diya’s stall made a profit of ₹200. Diya saves 50% of it. How many rupees are saved?
  40. 40.Zoya’s stall made a profit of ₹1100. Zoya saves 25% of it. How many rupees are saved?

Answer key

  1. talk to parents
  2. to keep trust
  3. 250
  4. 236
  5. 35
  6. 232
  7. 108
  8. a piggy bank for later
  9. buying a second juicer
  10. putting profit back in
  11. 60
  12. sweets for yourself
  13. 350
  14. better paint for cards
  15. can I pay it back?
  16. profit put in a bank
  17. 212
  18. reinvesting
  19. 500
  20. 800
  21. 650
  22. 160
  23. 240
  24. 425
  25. 330
  26. spending
  27. 330
  28. the cost of borrowing
  29. 120
  30. 1090
  31. 456
  32. 30
  33. 475
  34. reinvesting
  35. 100
  36. 150
  37. 315
  38. spending
  39. 100
  40. 275

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