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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 471 · 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 teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  3. 3.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.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 ₹)?
  6. 6.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  8. 8.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  9. 9.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) a new video game (d) more seeds for next time
  11. 11.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) how fast can I spend? (d) what is the logo?
  12. 12.Aarav’s stall made a profit of ₹2000. Aarav saves 10% of it. How many rupees are saved?
  13. 13.Tara’s stall made a profit of ₹1500. Tara saves 10% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
  16. 16.Joseph’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  18. 18.Tara’s stall made a profit of ₹800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Ishaan’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 reinvested?
  20. 20.Kavya’s stall made a profit of ₹600. Kavya saves 25% of it. How many rupees are saved?
  21. 21.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  22. 22.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) sweets for yourself (d) profit put in a bank
  23. 23.Meera’s stall made a profit of ₹1400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.Ananya’s stall made a profit of ₹1600. Ananya saves 20% of it. How many rupees are saved?
  26. 26.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) buying a second juicer (d) sweets for yourself
  27. 27.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) profit put in a bank (d) sweets for yourself
  28. 28.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  29. 29.Aarav’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Tara’s stall made a profit of ₹1400. Tara saves 50% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Zoya’s stall made a profit of ₹1300. Zoya saves 20% of it. How many rupees are saved?
  34. 34.Arjun’s stall made a profit of ₹1800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) sweets for yourself (d) profit put in a bank
  36. 36.Farhan’s stall made a profit of ₹200. Farhan saves 10% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a new video game (d) buying a second juicer
  39. 39.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving

Answer key

  1. talk to parents
  2. spending
  3. 120
  4. 90
  5. 660
  6. 6
  7. saving
  8. putting profit back in
  9. 312
  10. a piggy bank for later
  11. can I pay it back?
  12. 200
  13. 150
  14. 4
  15. a cinema ticket
  16. 660
  17. reinvesting
  18. 320
  19. 150
  20. 150
  21. to keep trust
  22. more seeds for next time
  23. 350
  24. 424
  25. 320
  26. buying a second juicer
  27. profit put in a bank
  28. saving
  29. 180
  30. 700
  31. 635
  32. 206
  33. 260
  34. 900
  35. sweets for yourself
  36. 20
  37. 342
  38. a new video game
  39. 45
  40. saving

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