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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 606 · 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 spending on yourself? (a) a new video game (b) profit put in a bank (c) an emergency fund (d) better paint for cards
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  3. 3.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  4. 4.Gurpreet’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  6. 6.Meera’s stall made a profit of ₹300. Meera saves 10% of it. How many rupees are saved?
  7. 7.Which of these is saving? (a) sweets for yourself (b) a new video game (c) more seeds for next time (d) a piggy bank for later
  8. 8.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  10. 10.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  11. 11.Dev’s stall made a profit of ₹1400. Dev saves 50% of it. How many rupees are saved?
  12. 12.Which of these is saving? (a) a new video game (b) buying a second juicer (c) profit put in a bank (d) better paint for cards
  13. 13.Kabir’s stall made a profit of ₹200. Kabir saves 50% of it. How many rupees are saved?
  14. 14.Riya’s stall made a profit of ₹2000. Riya saves 20% of it. How many rupees are saved?
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  16. 16.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) a piggy bank for later (d) buying a second juicer
  17. 17.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) an emergency fund (d) more seeds for next time
  18. 18.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.Zoya’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
  21. 21.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  22. 22.💡 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?
  23. 23.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  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 3 years (in ₹)?
  31. 31.Which of these is reinvesting in the business? (a) more seeds for next time (b) an emergency fund (c) a piggy bank for later (d) sweets for yourself
  32. 32.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  33. 33.Rohan’s stall made a profit of ₹700. Rohan saves 25% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Meera’s stall made a profit of ₹900. Meera saves 20% of it. How many rupees are saved?
  37. 37.Lakshmi’s stall made a profit of ₹800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  40. 40.Arjun’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. a new video game
  2. talk to parents
  3. putting profit back in
  4. 500
  5. reinvesting
  6. 30
  7. a piggy bank for later
  8. 954
  9. spending
  10. the cost of borrowing
  11. 700
  12. profit put in a bank
  13. 100
  14. 400
  15. saving
  16. buying a second juicer
  17. an emergency fund
  18. 826
  19. 100
  20. for bad days and goals
  21. saving
  22. can I pay it back?
  23. 848
  24. 120
  25. 363
  26. 12
  27. 220
  28. 210
  29. 162
  30. 742
  31. more seeds for next time
  32. to keep trust
  33. 175
  34. 1030
  35. 472
  36. 180
  37. 400
  38. 54
  39. saving
  40. 150

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