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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 996 · 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) borrow online alone (d) take it secretly
  2. 2.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  3. 3.Gurpreet’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?
  4. 4.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  5. 5.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  7. 7.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  9. 9.Kabir’s stall made a profit of ₹800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.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 ₹)?
  11. 11.Dev’s stall made a profit of ₹1900. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  13. 13.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  14. 14.Farhan’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?
  15. 15.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) sweets for yourself (d) profit put in a bank
  16. 16.Vihaan’s stall made a profit of ₹1400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Which of these is spending on yourself? (a) a new video game (b) an emergency fund (c) profit put in a bank (d) buying a second juicer
  18. 18.Which of these is spending on yourself? (a) a cinema ticket (b) better paint for cards (c) buying a second juicer (d) profit put in a bank
  19. 19.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  20. 20.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.Meera’s stall made a profit of ₹1400. Meera saves 25% of it. How many rupees are saved?
  22. 22.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  23. 23.Tara’s stall made a profit of ₹1800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) buying a second juicer (d) an emergency fund
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  26. 26.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) an emergency fund (d) better paint for cards
  27. 27.Farhan’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.Zoya’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  32. 32.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.Aarav’s stall made a profit of ₹1900. Aarav saves 10% of it. How many rupees are saved?
  34. 34.Diya’s stall made a profit of ₹1500. Diya saves 25% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  37. 37.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Vihaan’s stall made a profit of ₹1500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
  40. 40.Meera’s stall made a profit of ₹1300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. talk to parents
  2. for bad days and goals
  3. 680
  4. can I pay it back?
  5. 60
  6. spending
  7. to keep trust
  8. saving
  9. 400
  10. 456
  11. 760
  12. saving
  13. the cost of borrowing
  14. 330
  15. profit put in a bank
  16. 280
  17. a new video game
  18. a cinema ticket
  19. spending
  20. 228
  21. 350
  22. putting profit back in
  23. 900
  24. buying a second juicer
  25. reinvesting
  26. better paint for cards
  27. 420
  28. 525
  29. 640
  30. 216
  31. saving
  32. 126
  33. 190
  34. 375
  35. 54
  36. reinvesting
  37. 180
  38. 450
  39. an emergency fund
  40. 650

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