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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 983 · 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.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  2. 2.Saanvi’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  4. 4.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  5. 5.Riya’s stall made a profit of ₹500. Riya saves 25% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  7. 7.Ananya’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.Meera’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.Which of these is spending on yourself? (a) sweets for yourself (b) a piggy bank for later (c) more seeds for next time (d) better paint for cards
  10. 10.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) better paint for cards (d) a piggy bank for later
  12. 12.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  13. 13.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) more seeds for next time (d) buying a second juicer
  16. 16.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  17. 17.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) more seeds for next time (d) a cinema ticket
  19. 19.Lakshmi’s stall made a profit of ₹1800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.💡 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?
  21. 21.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  22. 22.Meera’s stall made a profit of ₹1000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Zoya’s stall made a profit of ₹1000. Zoya saves 50% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.Kavya’s stall made a profit of ₹900. 10% is saved, 40% 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) saving (b) spending (c) reinvesting
  27. 27.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Lakshmi’s stall made a profit of ₹1700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Rohan’s stall made a profit of ₹1800. Rohan saves 10% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  34. 34.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  35. 35.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) more seeds for next time (d) a piggy bank for later
  36. 36.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  38. 38.Zoya’s stall made a profit of ₹900. Zoya saves 10% of it. How many rupees are saved?
  39. 39.Gurpreet’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Dev’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. to keep trust
  2. 360
  3. the cost of borrowing
  4. saving
  5. 125
  6. spending
  7. 1120
  8. 360
  9. sweets for yourself
  10. 28
  11. better paint for cards
  12. reinvesting
  13. 721
  14. 108
  15. a new video game
  16. for bad days and goals
  17. 72
  18. a cinema ticket
  19. 900
  20. can I pay it back?
  21. putting profit back in
  22. 300
  23. 500
  24. 115
  25. 450
  26. spending
  27. 12
  28. 680
  29. 144
  30. 180
  31. 1200
  32. 106
  33. saving
  34. talk to parents
  35. more seeds for next time
  36. 440
  37. saving
  38. 90
  39. 400
  40. 340

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