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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 604 · 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.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  2. 2.Farhan’s stall made a profit of ₹1300. Farhan saves 20% of it. How many rupees are saved?
  3. 3.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) profit put in a bank (d) a piggy bank for later
  4. 4.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  5. 5.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  8. 8.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  9. 9.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  11. 11.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  12. 12.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  13. 13.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) better paint for cards (d) an emergency fund
  14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  15. 15.Gurpreet’s stall made a profit of ₹1100. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) more seeds for next time (d) a new video game
  17. 17.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.Arjun’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) more seeds for next time (d) a piggy bank for later
  20. 20.Joseph’s stall made a profit of ₹1900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Gurpreet’s stall made a profit of ₹1300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  24. 24.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to pay more interest (d) to lose friends
  25. 25.Zoya’s stall made a profit of ₹200. Zoya saves 25% of it. How many rupees are saved?
  26. 26.Zoya’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) better paint for cards (d) more seeds for next time
  28. 28.Riya’s stall made a profit of ₹200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Farhan’s stall made a profit of ₹1900. Farhan saves 50% of it. How many rupees are saved?
  30. 30.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) a new video game (d) better paint for cards
  31. 31.Which of these is saving? (a) more seeds for next time (b) a new video game (c) an emergency fund (d) buying a second juicer
  32. 32.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Ananya’s stall made a profit of ₹1700. Ananya saves 10% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  35. 35.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.Aarav’s stall made a profit of ₹2000. Aarav saves 25% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) profit put in a bank (d) a cinema ticket
  39. 39.Arjun’s stall made a profit of ₹1000. Arjun saves 50% of it. How many rupees are saved?
  40. 40.Rohan’s stall made a profit of ₹700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. the cost of borrowing
  2. 260
  3. a cinema ticket
  4. for bad days and goals
  5. 254
  6. 14
  7. reinvesting
  8. saving
  9. 1020
  10. talk to parents
  11. saving
  12. reinvesting
  13. better paint for cards
  14. saving
  15. 770
  16. more seeds for next time
  17. 18
  18. 300
  19. sweets for yourself
  20. 380
  21. 260
  22. 112
  23. putting profit back in
  24. to keep trust
  25. 50
  26. 600
  27. a new video game
  28. 100
  29. 950
  30. a piggy bank for later
  31. an emergency fund
  32. 440
  33. 170
  34. spending
  35. 360
  36. 500
  37. 54
  38. buying a second juicer
  39. 500
  40. 210

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