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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 371 · 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.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  3. 3.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  4. 4.Rohan’s stall made a profit of ₹800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  6. 6.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  9. 9.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later
  10. 10.Saanvi’s stall made a profit of ₹500. Saanvi saves 50% of it. How many rupees are saved?
  11. 11.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  12. 12.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.Which of these is spending on yourself? (a) a new video game (b) an emergency fund (c) a piggy bank for later (d) better paint for cards
  14. 14.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.Nisha’s stall made a profit of ₹200. Nisha saves 10% of it. How many rupees are saved?
  16. 16.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) sweets for yourself (d) more seeds for next time
  17. 17.Ananya’s stall made a profit of ₹800. Ananya saves 10% of it. How many rupees are saved?
  18. 18.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 ₹)?
  19. 19.Ishaan’s stall made a profit of ₹1600. Ishaan saves 50% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  22. 22.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  23. 23.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  26. 26.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  27. 27.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.Which of these is reinvesting in the business? (a) an emergency fund (b) more seeds for next time (c) profit put in a bank (d) a new video game
  29. 29.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.Diya’s stall made a profit of ₹400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Rohan’s stall made a profit of ₹1400. Rohan saves 20% of it. How many rupees are saved?
  33. 33.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) a cinema ticket (d) better paint for cards
  34. 34.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  35. 35.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  36. 36.Saanvi’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  38. 38.Aarav’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) an emergency fund (d) a cinema ticket
  40. 40.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) a cinema ticket

Answer key

  1. 40
  2. reinvesting
  3. 848
  4. 400
  5. spending
  6. 126
  7. spending
  8. saving
  9. for bad days and goals
  10. 250
  11. putting profit back in
  12. 318
  13. a new video game
  14. 318
  15. 20
  16. an emergency fund
  17. 80
  18. 436
  19. 800
  20. 63
  21. spending
  22. reinvesting
  23. 36
  24. 54
  25. can I pay it back?
  26. to keep trust
  27. 32
  28. more seeds for next time
  29. 105
  30. 80
  31. 30
  32. 280
  33. better paint for cards
  34. the cost of borrowing
  35. talk to parents
  36. 280
  37. saving
  38. 80
  39. a cinema ticket
  40. buying a second juicer

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