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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 986 · 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) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  3. 3.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
  4. 4.Rohan’s stall made a profit of ₹200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  6. 6.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
  8. 8.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  9. 9.Arjun’s stall made a profit of ₹1500. Arjun saves 10% of it. How many rupees are saved?
  10. 10.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  11. 11.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  12. 12.Ishaan’s stall made a profit of ₹1000. Ishaan saves 25% of it. How many rupees are saved?
  13. 13.Ananya’s stall made a profit of ₹1300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Ananya’s stall made a profit of ₹1000. Ananya saves 10% of it. How many rupees are saved?
  15. 15.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 ₹)?
  16. 16.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  18. 18.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Meera’s stall made a profit of ₹2000. Meera saves 10% of it. How many rupees are saved?
  20. 20.Zoya’s stall made a profit of ₹1100. Zoya saves 25% of it. How many rupees are saved?
  21. 21.Aarav’s stall made a profit of ₹1600. Aarav saves 50% of it. How many rupees are saved?
  22. 22.Kabir’s stall made a profit of ₹600. Kabir saves 10% of it. How many rupees are saved?
  23. 23.Diya’s stall made a profit of ₹800. Diya saves 50% of it. How many rupees are saved?
  24. 24.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
  25. 25.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  26. 26.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Joseph’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Vihaan’s stall made a profit of ₹900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Joseph’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  32. 32.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) a new video game (d) more seeds for next time
  33. 33.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  34. 34.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  35. 35.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  36. 36.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Dev’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 spent?
  40. 40.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. talk to parents
  2. spending
  3. for bad days and goals
  4. 80
  5. spending
  6. 416
  7. putting profit back in
  8. reinvesting
  9. 150
  10. the cost of borrowing
  11. to keep trust
  12. 250
  13. 455
  14. 100
  15. 315
  16. 72
  17. can I pay it back?
  18. 744
  19. 200
  20. 275
  21. 800
  22. 60
  23. 400
  24. better paint for cards
  25. spending
  26. 216
  27. 1016
  28. 330
  29. 360
  30. 100
  31. reinvesting
  32. a new video game
  33. reinvesting
  34. saving
  35. saving
  36. 42
  37. 270
  38. 5
  39. 600
  40. 72

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