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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 207 · 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 small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  3. 3.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) a piggy bank for later (d) buying a second juicer
  4. 4.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) a new video game (d) better paint for cards
  5. 5.Aarav’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 reinvested?
  6. 6.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  7. 7.Which of these is saving? (a) sweets for yourself (b) a new video game (c) an emergency fund (d) buying a second juicer
  8. 8.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) buying a second juicer (d) a piggy bank for later
  9. 9.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  10. 10.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  12. 12.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  13. 13.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) a new video game (d) buying a second juicer
  14. 14.Kabir’s stall made a profit of ₹1800. Kabir saves 10% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  17. 17.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  18. 18.Meera’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Riya’s stall made a profit of ₹1200. Riya saves 20% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  22. 22.Zoya’s stall made a profit of ₹800. Zoya saves 10% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  24. 24.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) profit put in a bank (d) sweets for yourself
  25. 25.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  27. 27.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) buying a second juicer
  30. 30.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Meera’s stall made a profit of ₹1100. Meera saves 10% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.Rohan’s stall made a profit of ₹1500. Rohan saves 50% of it. How many rupees are saved?
  34. 34.Saanvi’s stall made a profit of ₹1200. Saanvi saves 20% of it. How many rupees are saved?
  35. 35.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  36. 36.Zoya’s stall made a profit of ₹2000. Zoya saves 25% of it. How many rupees are saved?
  37. 37.Kabir’s stall made a profit of ₹800. Kabir saves 25% of it. How many rupees are saved?
  38. 38.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) a new video game (d) more seeds for next time
  39. 39.Diya’s stall made a profit of ₹1200. Diya saves 25% of it. How many rupees are saved?
  40. 40.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) a new video game (d) sweets for yourself

Answer key

  1. 1089
  2. to keep trust
  3. buying a second juicer
  4. better paint for cards
  5. 60
  6. the cost of borrowing
  7. an emergency fund
  8. a new video game
  9. saving
  10. 12
  11. spending
  12. saving
  13. a piggy bank for later
  14. 180
  15. 18
  16. reinvesting
  17. putting profit back in
  18. 120
  19. 240
  20. 535
  21. for bad days and goals
  22. 80
  23. reinvesting
  24. sweets for yourself
  25. 1143
  26. talk to parents
  27. 1180
  28. 28
  29. a cinema ticket
  30. 636
  31. 110
  32. 805
  33. 750
  34. 240
  35. can I pay it back?
  36. 500
  37. 200
  38. more seeds for next time
  39. 300
  40. profit put in a bank

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