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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 269 · 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.Kabir’s stall made a profit of ₹1100. Kabir saves 50% of it. How many rupees are saved?
  2. 2.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  3. 3.Diya’s stall made a profit of ₹1100. Diya saves 10% of it. How many rupees are saved?
  4. 4.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  5. 5.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  6. 6.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  7. 7.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  8. 8.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.Gurpreet’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  12. 12.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  13. 13.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) profit put in a bank (d) a new video game
  14. 14.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) profit put in a bank (d) buying a second juicer
  15. 15.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  18. 18.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  20. 20.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) a new video game (d) more seeds for next time
  21. 21.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.Zoya’s stall made a profit of ₹900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Riya’s stall made a profit of ₹900. Riya saves 25% of it. How many rupees are saved?
  24. 24.Which of these is spending on yourself? (a) buying a second juicer (b) a new video game (c) profit put in a bank (d) more seeds for next time
  25. 25.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.Zoya’s stall made a profit of ₹1000. Zoya saves 25% of it. How many rupees are saved?
  28. 28.💡 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
  29. 29.Gurpreet’s stall made a profit of ₹300. Gurpreet saves 50% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) a cinema ticket (d) better paint for cards
  33. 33.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  35. 35.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  36. 36.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  37. 37.Kabir’s stall made a profit of ₹1400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) a piggy bank for later (d) an emergency fund
  40. 40.Ishaan’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 550
  2. spending
  3. 110
  4. talk to parents
  5. spending
  6. reinvesting
  7. to keep trust
  8. 1062
  9. 950
  10. 56
  11. reinvesting
  12. the cost of borrowing
  13. profit put in a bank
  14. a cinema ticket
  15. 27
  16. 50
  17. spending
  18. 12
  19. for bad days and goals
  20. a piggy bank for later
  21. 8
  22. 450
  23. 225
  24. a new video game
  25. 448
  26. 32
  27. 250
  28. can I pay it back?
  29. 150
  30. 30
  31. 18
  32. better paint for cards
  33. 763
  34. saving
  35. putting profit back in
  36. saving
  37. 700
  38. 42
  39. buying a second juicer
  40. 70

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