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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 210 · 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) better paint for cards (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
  2. 2.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) a new video game (d) an emergency fund
  5. 5.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  8. 8.Aarav’s stall made a profit of ₹300. Aarav saves 10% of it. How many rupees are saved?
  9. 9.Joseph’s stall made a profit of ₹1500. Joseph saves 50% of it. How many rupees are saved?
  10. 10.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) more seeds for next time
  11. 11.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) an emergency fund (d) sweets for yourself
  12. 12.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  14. 14.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.Joseph’s stall made a profit of ₹400. Joseph saves 50% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) buying a second juicer (d) a new video game
  19. 19.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  20. 20.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) profit put in a bank (d) better paint for cards
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  22. 22.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) profit put in a bank (d) buying a second juicer
  23. 23.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Farhan’s stall made a profit of ₹300. Farhan saves 10% of it. How many rupees are saved?
  25. 25.Saanvi’s stall made a profit of ₹1200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Aarav’s stall made a profit of ₹1200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  28. 28.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.🐷 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
  30. 30.Kabir’s stall made a profit of ₹500. Kabir saves 10% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Zoya’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?
  34. 34.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Riya’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  39. 39.Kabir’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends

Answer key

  1. sweets for yourself
  2. 363
  3. 135
  4. a new video game
  5. can I pay it back?
  6. reinvesting
  7. spending
  8. 30
  9. 750
  10. profit put in a bank
  11. an emergency fund
  12. 126
  13. the cost of borrowing
  14. 708
  15. 200
  16. 21
  17. 1016
  18. a piggy bank for later
  19. putting profit back in
  20. better paint for cards
  21. reinvesting
  22. buying a second juicer
  23. 162
  24. 30
  25. 240
  26. 480
  27. spending
  28. 1020
  29. for bad days and goals
  30. 50
  31. 240
  32. 742
  33. 800
  34. 20
  35. 10
  36. 180
  37. 1040
  38. talk to parents
  39. 440
  40. to keep trust

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