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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 46 · 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 saving? (a) better paint for cards (b) buying a second juicer (c) a new video game (d) an emergency fund
  2. 2.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) a cinema ticket (d) better paint for cards
  3. 3.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  5. 5.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.Zoya’s stall made a profit of ₹1700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.Rohan’s stall made a profit of ₹1100. Rohan saves 50% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  9. 9.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.Arjun’s stall made a profit of ₹1500. Arjun saves 10% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) more seeds for next time (d) an emergency fund
  13. 13.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) buying a second juicer (d) profit put in a bank
  14. 14.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 ₹)?
  15. 15.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  16. 16.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Ananya’s stall made a profit of ₹1500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  19. 19.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  20. 20.Dev’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  22. 22.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 ₹)?
  23. 23.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  25. 25.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.Farhan’s stall made a profit of ₹1000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  28. 28.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a new video game (d) a piggy bank for later
  29. 29.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) profit put in a bank (d) a cinema ticket
  30. 30.Aarav’s stall made a profit of ₹1900. Aarav saves 25% of it. How many rupees are saved?
  31. 31.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  32. 32.Zoya’s stall made a profit of ₹400. Zoya saves 25% of it. How many rupees are saved?
  33. 33.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 ₹)?
  34. 34.Aarav’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?
  35. 35.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  36. 36.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.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 ₹)?
  38. 38.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Riya’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) a cinema ticket (d) buying a second juicer

Answer key

  1. an emergency fund
  2. better paint for cards
  3. 545
  4. talk to parents
  5. 20
  6. 680
  7. 550
  8. spending
  9. 21
  10. 150
  11. 540
  12. sweets for yourself
  13. a new video game
  14. 210
  15. for bad days and goals
  16. 72
  17. 300
  18. saving
  19. reinvesting
  20. 120
  21. spending
  22. 1270
  23. 72
  24. to keep trust
  25. 36
  26. 300
  27. putting profit back in
  28. a piggy bank for later
  29. buying a second juicer
  30. 475
  31. the cost of borrowing
  32. 100
  33. 260
  34. 320
  35. reinvesting
  36. 120
  37. 721
  38. 824
  39. 150
  40. a cinema ticket

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