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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 257 · 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: sweets for yourself? (a) saving (b) reinvesting (c) spending
  2. 2.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  4. 4.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.Ishaan’s stall made a profit of ₹1300. Ishaan saves 50% of it. How many rupees are saved?
  6. 6.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  8. 8.Tara’s stall made a profit of ₹1300. Tara saves 50% of it. How many rupees are saved?
  9. 9.Kavya’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.Meera’s stall made a profit of ₹1900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  12. 12.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) profit put in a bank (d) a new video game
  14. 14.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  15. 15.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  17. 17.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.👪 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
  19. 19.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.Which of these is reinvesting in the business? (a) more seeds for next time (b) a piggy bank for later (c) sweets for yourself (d) a cinema ticket
  21. 21.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) a piggy bank for later (d) buying a second juicer
  22. 22.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  24. 24.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.Zoya’s stall made a profit of ₹900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) an emergency fund (d) buying a second juicer
  27. 27.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  28. 28.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Diya’s stall made a profit of ₹1900. Diya saves 25% of it. How many rupees are saved?
  32. 32.Diya’s stall made a profit of ₹800. Diya saves 20% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.Ishaan’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 spent?
  35. 35.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  36. 36.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) a piggy bank for later (d) sweets for yourself
  37. 37.Tara’s stall made a profit of ₹1900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.Nisha’s stall made a profit of ₹1100. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) an emergency fund (d) a new video game

Answer key

  1. spending
  2. 27
  3. the cost of borrowing
  4. 1210
  5. 650
  6. 200
  7. saving
  8. 650
  9. 250
  10. 760
  11. spending
  12. 36
  13. profit put in a bank
  14. saving
  15. 889
  16. to keep trust
  17. 744
  18. talk to parents
  19. 18
  20. more seeds for next time
  21. buying a second juicer
  22. 18
  23. a piggy bank for later
  24. 80
  25. 180
  26. an emergency fund
  27. reinvesting
  28. 64
  29. 540
  30. 56
  31. 475
  32. 160
  33. 864
  34. 550
  35. for bad days and goals
  36. sweets for yourself
  37. 380
  38. 45
  39. 275
  40. a new video game

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