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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 135 · 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) reinvesting (b) saving (c) spending
  2. 2.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  3. 3.Dev’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.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 ₹)?
  5. 5.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  6. 6.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  9. 9.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.Which of these is saving? (a) a new video game (b) profit put in a bank (c) sweets for yourself (d) better paint for cards
  11. 11.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.Which of these is reinvesting in the business? (a) better paint for cards (b) profit put in a bank (c) a new video game (d) an emergency fund
  13. 13.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.Farhan’s stall made a profit of ₹1300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  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.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  20. 20.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  22. 22.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  24. 24.Diya’s stall made a profit of ₹500. Diya saves 25% of it. How many rupees are saved?
  25. 25.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) better paint for cards (d) a piggy bank for later
  26. 26.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.Joseph’s stall made a profit of ₹1200. Joseph saves 50% of it. How many rupees are saved?
  30. 30.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  31. 31.Rohan’s stall made a profit of ₹1500. Rohan saves 10% of it. How many rupees are saved?
  32. 32.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  33. 33.Ananya’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Nisha’s stall made a profit of ₹300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Lakshmi’s stall made a profit of ₹1900. Lakshmi saves 10% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  38. 38.Riya’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Lakshmi’s stall made a profit of ₹800. Lakshmi saves 25% of it. How many rupees are saved?
  40. 40.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) more seeds for next time (d) sweets for yourself

Answer key

  1. saving
  2. reinvesting
  3. 340
  4. 605
  5. the cost of borrowing
  6. 216
  7. 480
  8. to keep trust
  9. 72
  10. profit put in a bank
  11. 120
  12. better paint for cards
  13. 212
  14. 28
  15. 520
  16. 18
  17. 1090
  18. can I pay it back?
  19. spending
  20. 945
  21. talk to parents
  22. 70
  23. saving
  24. 125
  25. a piggy bank for later
  26. 654
  27. 872
  28. 21
  29. 600
  30. spending
  31. 150
  32. saving
  33. 480
  34. 120
  35. 190
  36. 112
  37. putting profit back in
  38. 600
  39. 200
  40. sweets for yourself

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