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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 991 · 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) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
  2. 2.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  3. 3.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  4. 4.Aarav’s stall made a profit of ₹1900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) a piggy bank for later (d) an emergency fund
  6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  7. 7.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  8. 8.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Dev’s stall made a profit of ₹1600. Dev saves 50% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) better paint for cards (d) profit put in a bank
  12. 12.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  14. 14.Meera’s stall made a profit of ₹900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  16. 16.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  17. 17.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.Meera’s stall made a profit of ₹1500. Meera saves 20% of it. How many rupees are saved?
  19. 19.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  20. 20.Kavya’s stall made a profit of ₹900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) a piggy bank for later (d) more seeds for next time
  22. 22.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  23. 23.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) more seeds for next time (d) a piggy bank for later
  24. 24.Lakshmi’s stall made a profit of ₹1600. Lakshmi saves 50% of it. How many rupees are saved?
  25. 25.Meera’s stall made a profit of ₹900. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Kabir’s stall made a profit of ₹1400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) a cinema ticket (d) sweets for yourself
  29. 29.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.Dev’s stall made a profit of ₹400. Dev saves 25% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  36. 36.Arjun’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) an emergency fund (d) a new video game
  39. 39.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  40. 40.Tara’s stall made a profit of ₹1300. Tara saves 50% of it. How many rupees are saved?

Answer key

  1. talk to parents
  2. saving
  3. the cost of borrowing
  4. 760
  5. a cinema ticket
  6. spending
  7. to keep trust
  8. 20
  9. 800
  10. 15
  11. profit put in a bank
  12. reinvesting
  13. spending
  14. 540
  15. putting profit back in
  16. for bad days and goals
  17. 9
  18. 300
  19. can I pay it back?
  20. 270
  21. more seeds for next time
  22. reinvesting
  23. a piggy bank for later
  24. 800
  25. 360
  26. 280
  27. 16
  28. buying a second juicer
  29. 36
  30. 381
  31. 684
  32. 100
  33. 1120
  34. 6
  35. saving
  36. 80
  37. 605
  38. an emergency fund
  39. reinvesting
  40. 650

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