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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 336 · 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) buying a second juicer (b) an emergency fund (c) a new video game (d) better paint for cards
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  4. 4.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  5. 5.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.Zoya’s stall made a profit of ₹1400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) no reason (d) to waste it later
  9. 9.Kabir’s stall made a profit of ₹1100. Kabir saves 50% of it. How many rupees are saved?
  10. 10.Farhan’s stall made a profit of ₹200. Farhan saves 10% of it. How many rupees are saved?
  11. 11.Nisha’s stall made a profit of ₹2000. Nisha saves 10% of it. How many rupees are saved?
  12. 12.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) more seeds for next time (d) an emergency fund
  13. 13.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  14. 14.Meera’s stall made a profit of ₹1600. Meera saves 50% of it. How many rupees are saved?
  15. 15.Nisha’s stall made a profit of ₹1200. Nisha saves 10% of it. How many rupees are saved?
  16. 16.Vihaan’s stall made a profit of ₹200. Vihaan saves 10% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  18. 18.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  19. 19.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) better paint for cards (d) sweets for yourself
  20. 20.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) a piggy bank for later (d) sweets for yourself
  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 2 years (in ₹)?
  22. 22.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
  23. 23.Aarav’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  26. 26.Vihaan’s stall made a profit of ₹1700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) more seeds for next time (d) better paint for cards
  28. 28.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  29. 29.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) a new video game (d) a cinema ticket
  30. 30.Arjun’s stall made a profit of ₹1300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.Lakshmi’s stall made a profit of ₹1300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.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 ₹)?
  35. 35.Kabir’s stall made a profit of ₹1100. Kabir saves 25% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹500 from a bank at 2% 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 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Meera’s stall made a profit of ₹1900. Meera saves 50% of it. How many rupees are saved?

Answer key

  1. a new video game
  2. spending
  3. saving
  4. to keep trust
  5. 612
  6. 700
  7. 436
  8. for bad days and goals
  9. 550
  10. 20
  11. 200
  12. more seeds for next time
  13. talk to parents
  14. 800
  15. 120
  16. 20
  17. reinvesting
  18. spending
  19. a piggy bank for later
  20. sweets for yourself
  21. 896
  22. can I pay it back?
  23. 640
  24. saving
  25. reinvesting
  26. 340
  27. profit put in a bank
  28. the cost of borrowing
  29. an emergency fund
  30. 910
  31. 220
  32. 650
  33. 36
  34. 206
  35. 275
  36. 210
  37. 8
  38. 510
  39. 30
  40. 950

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