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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 211 · 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.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  2. 2.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  3. 3.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.Kavya’s stall made a profit of ₹1100. Kavya saves 50% of it. How many rupees are saved?
  5. 5.Which of these is saving? (a) a new video game (b) profit put in a bank (c) better paint for cards (d) more seeds for next time
  6. 6.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  8. 8.Joseph’s stall made a profit of ₹1600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Zoya’s stall made a profit of ₹400. Zoya saves 25% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  12. 12.Which of these is saving? (a) a new video game (b) buying a second juicer (c) a piggy bank for later (d) a cinema ticket
  13. 13.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) how fast can I spend? (d) what is the logo?
  14. 14.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  15. 15.Which of these is reinvesting in the business? (a) a new video game (b) sweets for yourself (c) profit put in a bank (d) more seeds for next time
  16. 16.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Lakshmi’s stall made a profit of ₹300. Lakshmi saves 50% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
  20. 20.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  21. 21.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  22. 22.Tara’s stall made a profit of ₹1900. Tara saves 10% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  24. 24.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  25. 25.Ishaan’s stall made a profit of ₹1700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) a piggy bank for later
  27. 27.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) a new video game (d) more seeds for next time
  29. 29.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.Diya’s stall made a profit of ₹1200. Diya saves 10% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.Gurpreet’s stall made a profit of ₹1300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Farhan’s stall made a profit of ₹1100. Farhan saves 20% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Joseph’s stall made a profit of ₹2000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.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 ₹)?

Answer key

  1. for bad days and goals
  2. to keep trust
  3. 80
  4. 550
  5. profit put in a bank
  6. the cost of borrowing
  7. spending
  8. 640
  9. 100
  10. 484
  11. saving
  12. a piggy bank for later
  13. can I pay it back?
  14. reinvesting
  15. more seeds for next time
  16. 672
  17. 150
  18. 324
  19. talk to parents
  20. putting profit back in
  21. spending
  22. 190
  23. reinvesting
  24. reinvesting
  25. 850
  26. better paint for cards
  27. 336
  28. a new video game
  29. 600
  30. 120
  31. 742
  32. 372
  33. 325
  34. 550
  35. 84
  36. 220
  37. 27
  38. 218
  39. 1100
  40. 120

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