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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 341 · 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 repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  2. 2.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) an emergency fund (d) a cinema ticket
  3. 3.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  7. 7.Nisha’s stall made a profit of ₹200. Nisha saves 50% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  9. 9.Riya’s stall made a profit of ₹1800. Riya saves 50% of it. How many rupees are saved?
  10. 10.Ananya’s stall made a profit of ₹700. Ananya saves 10% of it. How many rupees are saved?
  11. 11.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) an emergency fund (d) a new video game
  12. 12.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  13. 13.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) a new video game (d) a cinema ticket
  14. 14.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  16. 16.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) buying a second juicer (d) a cinema ticket
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  18. 18.Tara’s stall made a profit of ₹1500. Tara saves 50% of it. How many rupees are saved?
  19. 19.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  20. 20.Arjun’s stall made a profit of ₹1800. Arjun saves 10% of it. How many rupees are saved?
  21. 21.Joseph’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  24. 24.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  25. 25.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  27. 27.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  28. 28.Farhan’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Nisha’s stall made a profit of ₹700. Nisha saves 10% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  34. 34.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹700 from a bank at 8% 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 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Saanvi’s stall made a profit of ₹1900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Farhan’s stall made a profit of ₹900. Farhan saves 25% of it. How many rupees are saved?

Answer key

  1. to keep trust
  2. a cinema ticket
  3. 309
  4. 224
  5. 8
  6. reinvesting
  7. 100
  8. spending
  9. 900
  10. 70
  11. buying a second juicer
  12. spending
  13. profit put in a bank
  14. 45
  15. putting profit back in
  16. an emergency fund
  17. spending
  18. 750
  19. talk to parents
  20. 180
  21. 120
  22. can I pay it back?
  23. saving
  24. the cost of borrowing
  25. 18
  26. saving
  27. for bad days and goals
  28. 120
  29. 306
  30. 684
  31. 70
  32. 210
  33. reinvesting
  34. 18
  35. 48
  36. 756
  37. 36
  38. 208
  39. 950
  40. 225

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