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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 132 · 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.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) better paint for cards (d) sweets for yourself
  2. 2.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) an emergency fund (d) profit put in a bank
  4. 4.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  6. 6.Lakshmi’s stall made a profit of ₹600. Lakshmi saves 50% of it. How many rupees are saved?
  7. 7.Arjun’s stall made a profit of ₹400. Arjun saves 10% of it. How many rupees are saved?
  8. 8.Which of these is reinvesting in the business? (a) better paint for cards (b) a cinema ticket (c) profit put in a bank (d) a piggy bank for later
  9. 9.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) a cinema ticket (d) profit put in a bank
  11. 11.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  12. 12.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  13. 13.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  14. 14.Which of these is saving? (a) a new video game (b) buying a second juicer (c) sweets for yourself (d) profit put in a bank
  15. 15.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  16. 16.Zoya’s stall made a profit of ₹700. Zoya saves 25% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  18. 18.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  19. 19.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  21. 21.Riya’s stall made a profit of ₹2000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  23. 23.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.Aarav’s stall made a profit of ₹200. Aarav saves 10% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  27. 27.Zoya’s stall made a profit of ₹1500. Zoya saves 20% of it. How many rupees are saved?
  28. 28.Ishaan’s stall made a profit of ₹300. Ishaan saves 25% of it. How many rupees are saved?
  29. 29.Ishaan’s stall made a profit of ₹600. Ishaan saves 10% of it. How many rupees are saved?
  30. 30.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 ₹)?
  31. 31.Which of these is reinvesting in the business? (a) a cinema ticket (b) buying a second juicer (c) a piggy bank for later (d) a new video game
  32. 32.Rohan’s stall made a profit of ₹800. Rohan saves 25% of it. How many rupees are saved?
  33. 33.Vihaan’s stall made a profit of ₹1800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.A small family shop borrows ₹800 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 ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Which of these is saving? (a) buying a second juicer (b) a new video game (c) better paint for cards (d) an emergency fund
  39. 39.Meera’s stall made a profit of ₹800. Meera saves 50% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. sweets for yourself
  2. 826
  3. a new video game
  4. 944
  5. putting profit back in
  6. 300
  7. 40
  8. better paint for cards
  9. 189
  10. a cinema ticket
  11. spending
  12. saving
  13. to keep trust
  14. profit put in a bank
  15. reinvesting
  16. 175
  17. saving
  18. can I pay it back?
  19. 12
  20. talk to parents
  21. 1000
  22. spending
  23. 120
  24. 20
  25. 48
  26. reinvesting
  27. 300
  28. 75
  29. 60
  30. 318
  31. buying a second juicer
  32. 200
  33. 360
  34. 32
  35. 1050
  36. 530
  37. 36
  38. an emergency fund
  39. 400
  40. 84

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