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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 290 · 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) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  2. 2.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
  4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  5. 5.Arjun’s stall made a profit of ₹1400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  8. 8.Nisha’s stall made a profit of ₹2000. Nisha saves 50% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.Zoya’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) a new video game (d) a piggy bank for later
  13. 13.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  16. 16.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  17. 17.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) better paint for cards (d) a cinema ticket
  18. 18.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) profit put in a bank (d) an emergency fund
  21. 21.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  23. 23.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  25. 25.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) sweets for yourself (d) more seeds for next time
  27. 27.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Meera’s stall made a profit of ₹800. Meera saves 25% of it. How many rupees are saved?
  29. 29.Farhan’s stall made a profit of ₹2000. Farhan saves 25% of it. How many rupees are saved?
  30. 30.Aarav’s stall made a profit of ₹1900. Aarav saves 25% of it. How many rupees are saved?
  31. 31.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  32. 32.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  33. 33.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  34. 34.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.Kabir’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.Lakshmi’s stall made a profit of ₹1600. Lakshmi saves 25% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Kavya’s stall made a profit of ₹700. Kavya saves 50% of it. How many rupees are saved?

Answer key

  1. for bad days and goals
  2. 80
  3. can I pay it back?
  4. saving
  5. 420
  6. 880
  7. spending
  8. 1000
  9. 144
  10. 180
  11. 424
  12. a piggy bank for later
  13. 63
  14. 24
  15. to keep trust
  16. spending
  17. a cinema ticket
  18. 30
  19. 112
  20. buying a second juicer
  21. 848
  22. the cost of borrowing
  23. 30
  24. spending
  25. 114
  26. sweets for yourself
  27. 1060
  28. 200
  29. 500
  30. 475
  31. talk to parents
  32. reinvesting
  33. putting profit back in
  34. 240
  35. 260
  36. 560
  37. 400
  38. 535
  39. 300
  40. 350

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