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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 402 · 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.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  2. 2.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.Which of these is saving? (a) more seeds for next time (b) a new video game (c) an emergency fund (d) better paint for cards
  4. 4.Riya’s stall made a profit of ₹1800. Riya saves 20% of it. How many rupees are saved?
  5. 5.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  6. 6.👪 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
  7. 7.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) buying a second juicer (d) better paint for cards
  8. 8.🐷 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
  9. 9.Arjun’s stall made a profit of ₹1100. Arjun saves 50% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.Riya’s stall made a profit of ₹900. Riya saves 50% of it. How many rupees are saved?
  12. 12.Kavya’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) a piggy bank for later (d) better paint for cards
  15. 15.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  18. 18.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) an emergency fund (d) buying a second juicer
  19. 19.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  20. 20.Joseph’s stall made a profit of ₹2000. Joseph saves 50% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.Arjun’s stall made a profit of ₹1400. Arjun saves 50% of it. How many rupees are saved?
  24. 24.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  25. 25.Which of these is spending on yourself? (a) sweets for yourself (b) profit put in a bank (c) more seeds for next time (d) better paint for cards
  26. 26.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  27. 27.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) a piggy bank for later (d) better paint for cards
  28. 28.Meera’s stall made a profit of ₹400. Meera saves 10% of it. How many rupees are saved?
  29. 29.Lakshmi’s stall made a profit of ₹1800. Lakshmi saves 50% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Rohan’s stall made a profit of ₹1600. Rohan saves 20% of it. How many rupees are saved?
  33. 33.Rohan’s stall made a profit of ₹700. Rohan saves 10% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.Lakshmi’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Saanvi’s stall made a profit of ₹1600. Saanvi saves 10% of it. How many rupees are saved?
  37. 37.Arjun’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  39. 39.💡 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?
  40. 40.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. spending
  2. 162
  3. an emergency fund
  4. 360
  5. to keep trust
  6. talk to parents
  7. profit put in a bank
  8. for bad days and goals
  9. 550
  10. 40
  11. 450
  12. 100
  13. 60
  14. better paint for cards
  15. 9
  16. 212
  17. saving
  18. buying a second juicer
  19. saving
  20. 1000
  21. 330
  22. 56
  23. 700
  24. reinvesting
  25. sweets for yourself
  26. the cost of borrowing
  27. a piggy bank for later
  28. 40
  29. 900
  30. 8
  31. 12
  32. 320
  33. 70
  34. 18
  35. 280
  36. 160
  37. 150
  38. saving
  39. can I pay it back?
  40. 440

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