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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 383 · 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 reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) a piggy bank for later (d) profit put in a bank
  2. 2.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  5. 5.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) better paint for cards (d) sweets for yourself
  7. 7.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  8. 8.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) more seeds for next time (d) a cinema ticket
  10. 10.Meera’s stall made a profit of ₹1200. Meera saves 20% of it. How many rupees are saved?
  11. 11.Rohan’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  13. 13.Dev’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Dev’s stall made a profit of ₹1900. Dev saves 25% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) a piggy bank for later (d) buying a second juicer
  18. 18.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  19. 19.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  21. 21.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
  22. 22.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.Arjun’s stall made a profit of ₹500. Arjun saves 25% of it. How many rupees are saved?
  24. 24.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) a new video game (d) an emergency fund
  25. 25.Saanvi’s stall made a profit of ₹800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) more seeds for next time (d) sweets for yourself
  27. 27.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  28. 28.Ananya’s stall made a profit of ₹2000. Ananya saves 10% of it. How many rupees are saved?
  29. 29.Zoya’s stall made a profit of ₹500. Zoya saves 20% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Which of these is saving? (a) a cinema ticket (b) a new video game (c) sweets for yourself (d) an emergency fund
  32. 32.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Meera’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  36. 36.Diya’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.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 ₹)?
  38. 38.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  39. 39.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) a piggy bank for later (d) more seeds for next time
  40. 40.💡 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?

Answer key

  1. more seeds for next time
  2. 216
  3. 14
  4. reinvesting
  5. 24
  6. profit put in a bank
  7. putting profit back in
  8. 180
  9. a cinema ticket
  10. 240
  11. 660
  12. saving
  13. 75
  14. 475
  15. 162
  16. 515
  17. buying a second juicer
  18. the cost of borrowing
  19. 7
  20. for bad days and goals
  21. talk to parents
  22. 64
  23. 125
  24. a new video game
  25. 320
  26. sweets for yourself
  27. spending
  28. 200
  29. 100
  30. 318
  31. an emergency fund
  32. 742
  33. 6
  34. 150
  35. spending
  36. 760
  37. 210
  38. reinvesting
  39. a piggy bank for later
  40. can I pay it back?

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