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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 585 · 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.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  2. 2.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  3. 3.Tara’s stall made a profit of ₹900. Tara saves 50% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  6. 6.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) a cinema ticket (d) a piggy bank for later
  7. 7.Which of these is reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) an emergency fund (d) a new video game
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  9. 9.Kavya’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.Diya’s stall made a profit of ₹1900. Diya saves 50% of it. How many rupees are saved?
  11. 11.Dev’s stall made a profit of ₹900. Dev saves 50% of it. How many rupees are saved?
  12. 12.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 ₹)?
  13. 13.Which of these is saving? (a) profit put in a bank (b) a new video game (c) sweets for yourself (d) better paint for cards
  14. 14.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  16. 16.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  19. 19.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  22. 22.Ananya’s stall made a profit of ₹700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Joseph’s stall made a profit of ₹200. Joseph saves 10% of it. How many rupees are saved?
  24. 24.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 ₹)?
  25. 25.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  26. 26.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.Zoya’s stall made a profit of ₹1000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) a cinema ticket (d) more seeds for next time
  30. 30.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  31. 31.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  32. 32.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) a new video game (d) better paint for cards
  34. 34.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) nothing (d) what is the logo?
  37. 37.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Kavya’s stall made a profit of ₹1700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. spending
  2. the cost of borrowing
  3. 450
  4. saving
  5. spending
  6. buying a second juicer
  7. more seeds for next time
  8. talk to parents
  9. 640
  10. 950
  11. 450
  12. 832
  13. profit put in a bank
  14. 40
  15. to keep trust
  16. 590
  17. 128
  18. saving
  19. 480
  20. 1100
  21. saving
  22. 175
  23. 20
  24. 545
  25. putting profit back in
  26. 6
  27. 300
  28. 14
  29. a cinema ticket
  30. reinvesting
  31. reinvesting
  32. 144
  33. a new video game
  34. 21
  35. 749
  36. can I pay it back?
  37. 24
  38. 330
  39. 6
  40. 1020

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