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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 512 · 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 ₹400 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  4. 4.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  6. 6.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  7. 7.Which of these is saving? (a) a new video game (b) a cinema ticket (c) a piggy bank for later (d) better paint for cards
  8. 8.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  10. 10.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  11. 11.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
  12. 12.Which of these is spending on yourself? (a) an emergency fund (b) sweets for yourself (c) profit put in a bank (d) a piggy bank for later
  13. 13.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) ask strangers (d) take it secretly
  16. 16.Diya’s stall made a profit of ₹600. Diya saves 50% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.Riya’s stall made a profit of ₹600. Riya saves 50% of it. How many rupees are saved?
  19. 19.Meera’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) buying a second juicer (d) an emergency fund
  21. 21.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  23. 23.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) buying a second juicer
  24. 24.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a new video game (d) an emergency fund
  25. 25.Zoya’s stall made a profit of ₹1200. Zoya saves 25% of it. How many rupees are saved?
  26. 26.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  27. 27.Zoya’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Dev’s stall made a profit of ₹200. Dev saves 50% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  30. 30.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  31. 31.Kavya’s stall made a profit of ₹1000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Lakshmi’s stall made a profit of ₹300. Lakshmi saves 10% of it. How many rupees are saved?
  37. 37.Diya’s stall made a profit of ₹1800. Diya saves 20% of it. How many rupees are saved?
  38. 38.Kabir’s stall made a profit of ₹1600. Kabir saves 50% of it. How many rupees are saved?
  39. 39.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) an emergency fund (d) buying a second juicer
  40. 40.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 24
  2. 42
  3. saving
  4. the cost of borrowing
  5. saving
  6. can I pay it back?
  7. a piggy bank for later
  8. reinvesting
  9. saving
  10. reinvesting
  11. for bad days and goals
  12. sweets for yourself
  13. 8
  14. putting profit back in
  15. talk to parents
  16. 300
  17. 106
  18. 300
  19. 960
  20. buying a second juicer
  21. 864
  22. spending
  23. profit put in a bank
  24. a new video game
  25. 300
  26. to keep trust
  27. 1080
  28. 100
  29. spending
  30. spending
  31. 350
  32. 30
  33. 12
  34. 7
  35. 240
  36. 30
  37. 360
  38. 800
  39. a cinema ticket
  40. 3

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