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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 296 · 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) an emergency fund (b) more seeds for next time (c) a new video game (d) buying a second juicer
  2. 2.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.Which of these is saving? (a) a cinema ticket (b) a new video game (c) better paint for cards (d) an emergency fund
  4. 4.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  6. 6.Diya’s stall made a profit of ₹500. Diya saves 10% of it. How many rupees are saved?
  7. 7.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) nothing (d) what is the logo?
  8. 8.Ananya’s stall made a profit of ₹500. Ananya saves 20% of it. How many rupees are saved?
  9. 9.Farhan’s stall made a profit of ₹1700. Farhan saves 20% of it. How many rupees are saved?
  10. 10.Diya’s stall made a profit of ₹1200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  12. 12.Which of these is saving? (a) a cinema ticket (b) a piggy bank for later (c) better paint for cards (d) sweets for yourself
  13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  14. 14.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  15. 15.Farhan’s stall made a profit of ₹400. Farhan saves 10% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.Diya’s stall made a profit of ₹1200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) a new video game (d) a piggy bank for later
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  20. 20.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  21. 21.Saanvi’s stall made a profit of ₹2000. Saanvi saves 10% of it. How many rupees are saved?
  22. 22.Aarav’s stall made a profit of ₹1800. Aarav saves 20% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  24. 24.Kavya’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Ishaan’s stall made a profit of ₹1500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  30. 30.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  31. 31.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  32. 32.Meera’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  35. 35.Arjun’s stall made a profit of ₹1500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) sweets for yourself (d) more seeds for next time
  37. 37.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.Diya’s stall made a profit of ₹1300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. a new video game
  2. 18
  3. an emergency fund
  4. 981
  5. spending
  6. 50
  7. can I pay it back?
  8. 100
  9. 340
  10. 480
  11. reinvesting
  12. a piggy bank for later
  13. saving
  14. putting profit back in
  15. 40
  16. 180
  17. 720
  18. more seeds for next time
  19. spending
  20. the cost of borrowing
  21. 200
  22. 360
  23. spending
  24. 150
  25. 600
  26. 63
  27. 84
  28. 1270
  29. saving
  30. better paint for cards
  31. to keep trust
  32. 1400
  33. 18
  34. talk to parents
  35. 600
  36. sweets for yourself
  37. 6
  38. 36
  39. 650
  40. 840

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