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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 636 · 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 saving? (a) a cinema ticket (b) better paint for cards (c) an emergency fund (d) more seeds for next time
  2. 2.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  4. 4.Arjun’s stall made a profit of ₹200. Arjun saves 20% of it. How many rupees are saved?
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  7. 7.Riya’s stall made a profit of ₹600. Riya saves 20% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Meera’s stall made a profit of ₹1100. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  11. 11.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  14. 14.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  15. 15.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) a piggy bank for later (d) a new video game
  16. 16.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) sweets for yourself (d) buying a second juicer
  17. 17.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.Aarav’s stall made a profit of ₹400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  21. 21.Riya’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 spent?
  22. 22.Arjun’s stall made a profit of ₹1000. Arjun saves 10% of it. How many rupees are saved?
  23. 23.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) more seeds for next time
  24. 24.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Ananya’s stall made a profit of ₹700. Ananya saves 10% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  28. 28.Ishaan’s stall made a profit of ₹300. Ishaan saves 50% of it. How many rupees are saved?
  29. 29.Diya’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Which of these is reinvesting in the business? (a) buying a second juicer (b) an emergency fund (c) sweets for yourself (d) profit put in a bank
  31. 31.Ishaan’s stall made a profit of ₹1800. Ishaan saves 20% of it. How many rupees are saved?
  32. 32.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  33. 33.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  34. 34.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  36. 36.Kavya’s stall made a profit of ₹1600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Which of these is reinvesting in the business? (a) better paint for cards (b) sweets for yourself (c) profit put in a bank (d) a new video game
  39. 39.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  40. 40.Riya’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. an emergency fund
  2. 208
  3. saving
  4. 40
  5. spending
  6. reinvesting
  7. 120
  8. 20
  9. 495
  10. can I pay it back?
  11. 20
  12. 620
  13. to keep trust
  14. spending
  15. a new video game
  16. a piggy bank for later
  17. 236
  18. 612
  19. 120
  20. the cost of borrowing
  21. 420
  22. 100
  23. a cinema ticket
  24. 54
  25. 118
  26. 70
  27. spending
  28. 150
  29. 850
  30. buying a second juicer
  31. 360
  32. putting profit back in
  33. reinvesting
  34. 147
  35. saving
  36. 320
  37. 50
  38. better paint for cards
  39. talk to parents
  40. 960

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