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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 449 · 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 ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  4. 4.Riya’s stall made a profit of ₹900. Riya saves 50% of it. How many rupees are saved?
  5. 5.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) profit put in a bank (d) more seeds for next time
  6. 6.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  7. 7.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) buying a second juicer (d) a new video game
  8. 8.Farhan’s stall made a profit of ₹1000. Farhan saves 20% of it. How many rupees are saved?
  9. 9.Which of these is spending on yourself? (a) a new video game (b) buying a second juicer (c) a piggy bank for later (d) more seeds for next time
  10. 10.Riya’s stall made a profit of ₹1400. Riya saves 10% of it. How many rupees are saved?
  11. 11.Nisha’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?
  12. 12.👪 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
  13. 13.Zoya’s stall made a profit of ₹1300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.💡 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?
  15. 15.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  17. 17.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  19. 19.Saanvi’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  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 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) no reason (d) saving is a loss
  25. 25.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
  26. 26.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.Dev’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Which of these is reinvesting in the business? (a) a cinema ticket (b) buying a second juicer (c) a new video game (d) profit put in a bank
  29. 29.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  30. 30.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  31. 31.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) buying a second juicer (d) a piggy bank for later
  32. 32.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  33. 33.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  34. 34.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Gurpreet’s stall made a profit of ₹300. Gurpreet saves 50% of it. How many rupees are saved?
  36. 36.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  37. 37.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting

Answer key

  1. 45
  2. 208
  3. putting profit back in
  4. 450
  5. more seeds for next time
  6. saving
  7. an emergency fund
  8. 200
  9. a new video game
  10. 140
  11. 75
  12. talk to parents
  13. 325
  14. can I pay it back?
  15. 660
  16. the cost of borrowing
  17. 1270
  18. reinvesting
  19. 1260
  20. reinvesting
  21. 330
  22. 798
  23. 728
  24. for bad days and goals
  25. profit put in a bank
  26. 312
  27. 160
  28. buying a second juicer
  29. saving
  30. spending
  31. a piggy bank for later
  32. spending
  33. spending
  34. 721
  35. 150
  36. to keep trust
  37. 324
  38. 260
  39. 28
  40. saving

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