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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 113 · 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.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  2. 2.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  3. 3.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) an emergency fund (d) a new video game
  4. 4.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  5. 5.Arjun’s stall made a profit of ₹1000. Arjun saves 25% of it. How many rupees are saved?
  6. 6.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.Aarav’s stall made a profit of ₹1900. Aarav saves 10% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  10. 10.Ishaan’s stall made a profit of ₹2000. Ishaan saves 20% of it. How many rupees are saved?
  11. 11.Kavya’s stall made a profit of ₹1500. Kavya saves 10% of it. How many rupees are saved?
  12. 12.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) buying a second juicer (d) better paint for cards
  13. 13.Meera’s stall made a profit of ₹1600. Meera saves 50% of it. How many rupees are saved?
  14. 14.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
  15. 15.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.Which of these is reinvesting in the business? (a) sweets for yourself (b) buying a second juicer (c) profit put in a bank (d) a new video game
  17. 17.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  18. 18.👪 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
  19. 19.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  20. 20.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  21. 21.Riya’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  23. 23.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.Which of these is spending on yourself? (a) profit put in a bank (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
  25. 25.Which of these is saving? (a) sweets for yourself (b) a piggy bank for later (c) more seeds for next time (d) better paint for cards
  26. 26.Meera’s stall made a profit of ₹500. Meera saves 20% of it. How many rupees are saved?
  27. 27.Saanvi’s stall made a profit of ₹1400. Saanvi saves 10% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  30. 30.Farhan’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Meera’s stall made a profit of ₹400. Meera saves 25% of it. How many rupees are saved?
  33. 33.Saanvi’s stall made a profit of ₹1800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  39. 39.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.Kavya’s stall made a profit of ₹1600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. saving
  2. for bad days and goals
  3. a new video game
  4. putting profit back in
  5. 250
  6. 944
  7. 48
  8. 190
  9. 242
  10. 400
  11. 150
  12. an emergency fund
  13. 800
  14. can I pay it back?
  15. 48
  16. buying a second juicer
  17. reinvesting
  18. talk to parents
  19. the cost of borrowing
  20. reinvesting
  21. 825
  22. reinvesting
  23. 212
  24. sweets for yourself
  25. a piggy bank for later
  26. 100
  27. 140
  28. 40
  29. saving
  30. 800
  31. 124
  32. 100
  33. 900
  34. 12
  35. 56
  36. 1140
  37. 30
  38. better paint for cards
  39. 318
  40. 320

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