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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 601 · 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: an emergency fund? (a) reinvesting (b) spending (c) saving
  2. 2.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) better paint for cards (d) an emergency fund
  3. 3.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) to lose friends (d) it does not matter
  4. 4.Zoya’s stall made a profit of ₹1700. Zoya saves 10% of it. How many rupees are saved?
  5. 5.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) take it secretly (d) borrow online alone
  6. 6.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) a new video game (d) profit put in a bank
  7. 7.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  8. 8.Diya’s stall made a profit of ₹1600. Diya saves 20% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  11. 11.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  12. 12.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  14. 14.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) sweets for yourself (d) a cinema ticket
  15. 15.Arjun’s stall made a profit of ₹1900. Arjun saves 50% of it. How many rupees are saved?
  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 ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.Meera’s stall made a profit of ₹500. Meera saves 10% of it. How many rupees are saved?
  19. 19.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  21. 21.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) profit put in a bank (d) buying a second juicer
  22. 22.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) an emergency fund (d) more seeds for next time
  26. 26.Nisha’s stall made a profit of ₹1000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Arjun’s stall made a profit of ₹800. Arjun saves 50% of it. How many rupees are saved?
  29. 29.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) profit put in a bank (d) a new video game
  30. 30.Farhan’s stall made a profit of ₹700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Kabir’s stall made a profit of ₹300. Kabir saves 25% of it. How many rupees are saved?
  32. 32.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  33. 33.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.Meera’s stall made a profit of ₹1000. Meera saves 10% of it. How many rupees are saved?
  35. 35.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  36. 36.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Ananya’s stall made a profit of ₹200. Ananya saves 20% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. saving
  2. an emergency fund
  3. to keep trust
  4. 170
  5. talk to parents
  6. a new video game
  7. putting profit back in
  8. 320
  9. 648
  10. spending
  11. can I pay it back?
  12. 30
  13. spending
  14. profit put in a bank
  15. 950
  16. 300
  17. 635
  18. 50
  19. the cost of borrowing
  20. saving
  21. buying a second juicer
  22. 80
  23. 16
  24. 42
  25. more seeds for next time
  26. 550
  27. 784
  28. 400
  29. better paint for cards
  30. 280
  31. 75
  32. reinvesting
  33. 108
  34. 100
  35. for bad days and goals
  36. 21
  37. 40
  38. 1026
  39. 848
  40. 15

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