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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 415 · 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) sweets for yourself (b) profit put in a bank (c) more seeds for next time (d) an emergency fund
  2. 2.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) a cinema ticket (d) an emergency fund
  3. 3.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  4. 4.Diya’s stall made a profit of ₹1600. Diya saves 20% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  7. 7.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  8. 8.Diya’s stall made a profit of ₹600. Diya saves 20% of it. How many rupees are saved?
  9. 9.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  10. 10.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) profit put in a bank (d) a cinema ticket
  11. 11.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  12. 12.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  13. 13.Aarav’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?
  14. 14.Aarav’s stall made a profit of ₹2000. Aarav saves 50% of it. How many rupees are saved?
  15. 15.Which of these is reinvesting in the business? (a) better paint for cards (b) a piggy bank for later (c) profit put in a bank (d) a cinema ticket
  16. 16.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  18. 18.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  19. 19.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  22. 22.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) a cinema ticket (d) buying a second juicer
  24. 24.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Zoya’s stall made a profit of ₹700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Vihaan’s stall made a profit of ₹1800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  33. 33.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  35. 35.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Zoya’s stall made a profit of ₹800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Gurpreet’s stall made a profit of ₹700. Gurpreet saves 50% of it. How many rupees are saved?
  39. 39.Ishaan’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 spent?
  40. 40.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. more seeds for next time
  2. an emergency fund
  3. talk to parents
  4. 320
  5. 530
  6. reinvesting
  7. for bad days and goals
  8. 120
  9. saving
  10. profit put in a bank
  11. putting profit back in
  12. spending
  13. 100
  14. 1000
  15. better paint for cards
  16. the cost of borrowing
  17. spending
  18. 108
  19. 40
  20. spending
  21. reinvesting
  22. 872
  23. a cinema ticket
  24. 6
  25. 280
  26. 654
  27. 72
  28. 115
  29. 720
  30. 24
  31. 48
  32. to keep trust
  33. 630
  34. reinvesting
  35. 10
  36. 400
  37. 80
  38. 350
  39. 935
  40. 8

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