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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 272 · 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) spending (b) reinvesting (c) saving
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
  3. 3.Nisha’s stall made a profit of ₹300. Nisha saves 50% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  5. 5.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  9. 9.Ananya’s stall made a profit of ₹800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  11. 11.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) more seeds for next time (d) sweets for yourself
  13. 13.Riya’s stall made a profit of ₹1800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Meera’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.Kavya’s stall made a profit of ₹1300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  17. 17.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  19. 19.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.Meera’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.Rohan’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Joseph’s stall made a profit of ₹1800. Joseph saves 20% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.Lakshmi’s stall made a profit of ₹1100. Lakshmi saves 10% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  31. 31.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  32. 32.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  34. 34.Diya’s stall made a profit of ₹1000. Diya saves 20% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  39. 39.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  40. 40.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) a new video game (d) buying a second juicer

Answer key

  1. spending
  2. talk to parents
  3. 150
  4. spending
  5. 72
  6. 84
  7. 36
  8. saving
  9. 160
  10. spending
  11. 826
  12. profit put in a bank
  13. 990
  14. 680
  15. 455
  16. the cost of borrowing
  17. 20
  18. to keep trust
  19. 118
  20. 24
  21. 200
  22. 575
  23. 1050
  24. 15
  25. 360
  26. 206
  27. 110
  28. 45
  29. 624
  30. reinvesting
  31. putting profit back in
  32. 112
  33. buying a second juicer
  34. 200
  35. 660
  36. 944
  37. 798
  38. reinvesting
  39. saving
  40. a new video game

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