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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 992 · 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.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  2. 2.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.Which of these is saving? (a) profit put in a bank (b) better paint for cards (c) a cinema ticket (d) sweets for yourself
  4. 4.Kavya’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  6. 6.Which of these is spending on yourself? (a) sweets for yourself (b) more seeds for next time (c) a piggy bank for later (d) buying a second juicer
  7. 7.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  8. 8.Vihaan’s stall made a profit of ₹800. Vihaan saves 25% of it. How many rupees are saved?
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  10. 10.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  12. 12.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  13. 13.Kabir’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Gurpreet’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  16. 16.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  17. 17.Lakshmi’s stall made a profit of ₹1500. Lakshmi saves 50% of it. How many rupees are saved?
  18. 18.Rohan’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) a cinema ticket (d) buying a second juicer
  21. 21.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.Tara’s stall made a profit of ₹1300. Tara saves 50% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  26. 26.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.Meera’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  29. 29.Rohan’s stall made a profit of ₹300. Rohan saves 20% of it. How many rupees are saved?
  30. 30.Which of these is reinvesting in the business? (a) more seeds for next time (b) an emergency fund (c) a piggy bank for later (d) profit put in a bank
  31. 31.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a new video game (d) an emergency fund
  32. 32.Ananya’s stall made a profit of ₹1200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Ishaan’s stall made a profit of ₹1100. Ishaan saves 25% of it. How many rupees are saved?
  34. 34.Farhan’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Ananya’s stall made a profit of ₹2000. Ananya saves 20% of it. How many rupees are saved?
  36. 36.Kabir’s stall made a profit of ₹400. Kabir saves 10% of it. How many rupees are saved?
  37. 37.Nisha’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) better paint for cards (d) sweets for yourself
  39. 39.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Kavya’s stall made a profit of ₹300. Kavya saves 20% of it. How many rupees are saved?

Answer key

  1. can I pay it back?
  2. 1008
  3. profit put in a bank
  4. 1200
  5. talk to parents
  6. sweets for yourself
  7. to keep trust
  8. 200
  9. reinvesting
  10. 6
  11. spending
  12. spending
  13. 275
  14. 360
  15. saving
  16. reinvesting
  17. 750
  18. 280
  19. 144
  20. buying a second juicer
  21. 6
  22. 30
  23. 650
  24. 90
  25. for bad days and goals
  26. 1035
  27. 120
  28. the cost of borrowing
  29. 60
  30. more seeds for next time
  31. an emergency fund
  32. 540
  33. 275
  34. 120
  35. 400
  36. 40
  37. 700
  38. better paint for cards
  39. 9
  40. 60

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