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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 273 · 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) a cinema ticket (b) an emergency fund (c) better paint for cards (d) buying a second juicer
  2. 2.Which of these is reinvesting in the business? (a) a new video game (b) sweets for yourself (c) an emergency fund (d) better paint for cards
  3. 3.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) sweets for yourself (d) better paint for cards
  4. 4.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) ask strangers (d) take it secretly
  5. 5.Ishaan’s stall made a profit of ₹500. Ishaan saves 10% of it. How many rupees are saved?
  6. 6.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) an emergency fund (d) more seeds for next time
  7. 7.💡 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
  8. 8.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  9. 9.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) a new video game (d) more seeds for next time
  11. 11.Aarav’s stall made a profit of ₹200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) better paint for cards (d) a cinema ticket
  13. 13.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) better paint for cards (d) profit put in a bank
  17. 17.Nisha’s stall made a profit of ₹400. Nisha saves 10% of it. How many rupees are saved?
  18. 18.Farhan’s stall made a profit of ₹700. Farhan saves 50% of it. How many rupees are saved?
  19. 19.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  20. 20.Lakshmi’s stall made a profit of ₹500. Lakshmi saves 25% of it. How many rupees are saved?
  21. 21.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  22. 22.Kabir’s stall made a profit of ₹1700. Kabir saves 25% of it. How many rupees are saved?
  23. 23.Joseph’s stall made a profit of ₹1900. Joseph saves 50% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.Ishaan’s stall made a profit of ₹1600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Ishaan’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Rohan’s stall made a profit of ₹1700. Rohan saves 25% of it. How many rupees are saved?
  29. 29.Joseph’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.A small family shop borrows ₹700 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 ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  36. 36.Tara’s stall made a profit of ₹1600. Tara saves 20% of it. How many rupees are saved?
  37. 37.Which of these is saving? (a) a new video game (b) a cinema ticket (c) an emergency fund (d) buying a second juicer
  38. 38.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.Ananya’s stall made a profit of ₹700. Ananya saves 20% of it. How many rupees are saved?

Answer key

  1. a cinema ticket
  2. better paint for cards
  3. sweets for yourself
  4. talk to parents
  5. 50
  6. more seeds for next time
  7. can I pay it back?
  8. the cost of borrowing
  9. 24
  10. a new video game
  11. 100
  12. a piggy bank for later
  13. 204
  14. 162
  15. 10
  16. profit put in a bank
  17. 40
  18. 350
  19. saving
  20. 125
  21. to keep trust
  22. 425
  23. 950
  24. 936
  25. 480
  26. 27
  27. 250
  28. 425
  29. 500
  30. 35
  31. 624
  32. 216
  33. 72
  34. 508
  35. spending
  36. 320
  37. an emergency fund
  38. 96
  39. 127
  40. 140

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