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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 52 · 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 reinvesting in the business? (a) better paint for cards (b) sweets for yourself (c) profit put in a bank (d) an emergency fund
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  3. 3.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  4. 4.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) a piggy bank for later (d) buying a second juicer
  6. 6.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) a piggy bank for later (d) better paint for cards
  7. 7.Which of these is saving? (a) profit put in a bank (b) more seeds for next time (c) buying a second juicer (d) sweets for yourself
  8. 8.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Which of these is saving? (a) better paint for cards (b) a new video game (c) a piggy bank for later (d) a cinema ticket
  10. 10.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  11. 11.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  12. 12.Ishaan’s stall made a profit of ₹1000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Which of these is spending on yourself? (a) a new video game (b) buying a second juicer (c) an emergency fund (d) a piggy bank for later
  14. 14.Farhan’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) no reason (d) to waste it later
  16. 16.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  18. 18.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  19. 19.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  21. 21.Vihaan’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
  23. 23.Dev’s stall made a profit of ₹900. Dev saves 50% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.Lakshmi’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 spent?
  28. 28.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  29. 29.Kavya’s stall made a profit of ₹600. Kavya saves 20% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.Rohan’s stall made a profit of ₹1200. Rohan saves 10% of it. How many rupees are saved?
  34. 34.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) a new video game (d) an emergency fund
  35. 35.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Vihaan’s stall made a profit of ₹1000. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.Farhan’s stall made a profit of ₹1100. Farhan saves 50% of it. How many rupees are saved?
  40. 40.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in

Answer key

  1. better paint for cards
  2. saving
  3. to keep trust
  4. 72
  5. buying a second juicer
  6. a cinema ticket
  7. profit put in a bank
  8. 28
  9. a piggy bank for later
  10. reinvesting
  11. saving
  12. 300
  13. a new video game
  14. 600
  15. for bad days and goals
  16. 18
  17. spending
  18. spending
  19. 84
  20. the cost of borrowing
  21. 300
  22. talk to parents
  23. 450
  24. 832
  25. 36
  26. 784
  27. 500
  28. reinvesting
  29. 120
  30. 728
  31. 416
  32. 40
  33. 120
  34. an emergency fund
  35. 54
  36. 250
  37. 42
  38. 45
  39. 550
  40. putting profit back in

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