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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 426 · 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: buying a second juicer? (a) saving (b) spending (c) reinvesting
  2. 2.Which of these is saving? (a) profit put in a bank (b) more seeds for next time (c) better paint for cards (d) buying a second juicer
  3. 3.Zoya’s stall made a profit of ₹1600. Zoya saves 25% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  5. 5.Ananya’s stall made a profit of ₹1800. Ananya saves 20% of it. How many rupees are saved?
  6. 6.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  7. 7.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.Meera’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  11. 11.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  13. 13.Ishaan’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Kabir’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.Nisha’s stall made a profit of ₹500. Nisha saves 50% of it. How many rupees are saved?
  16. 16.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  17. 17.Vihaan’s stall made a profit of ₹1500. Vihaan saves 10% of it. How many rupees are saved?
  18. 18.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  19. 19.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) a cinema ticket (d) more seeds for next time
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  22. 22.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  23. 23.Which of these is saving? (a) a new video game (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
  24. 24.Nisha’s stall made a profit of ₹500. Nisha saves 20% of it. How many rupees are saved?
  25. 25.Diya’s stall made a profit of ₹1100. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  27. 27.Gurpreet’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.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 ₹)?
  29. 29.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Diya’s stall made a profit of ₹1900. Diya saves 20% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) buying a second juicer (d) a piggy bank for later
  33. 33.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) profit put in a bank (d) more seeds for next time
  34. 34.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
  36. 36.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) a new video game (d) a piggy bank for later
  40. 40.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. reinvesting
  2. profit put in a bank
  3. 400
  4. spending
  5. 360
  6. the cost of borrowing
  7. 216
  8. 840
  9. spending
  10. saving
  11. 64
  12. saving
  13. 520
  14. 40
  15. 250
  16. saving
  17. 150
  18. can I pay it back?
  19. 70
  20. a cinema ticket
  21. reinvesting
  22. to keep trust
  23. an emergency fund
  24. 100
  25. 220
  26. putting profit back in
  27. 500
  28. 224
  29. 30
  30. 380
  31. 16
  32. buying a second juicer
  33. more seeds for next time
  34. 496
  35. talk to parents
  36. 84
  37. 620
  38. 954
  39. a piggy bank for later
  40. 1100

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