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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 638 · 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.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.Which of these is spending on yourself? (a) sweets for yourself (b) more seeds for next time (c) an emergency fund (d) buying a second juicer
  3. 3.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) a new video game (d) a piggy bank for later
  5. 5.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) to pay more interest (d) it does not matter
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  7. 7.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  8. 8.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  9. 9.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.Vihaan’s stall made a profit of ₹1200. Vihaan saves 50% of it. How many rupees are saved?
  11. 11.Vihaan’s stall made a profit of ₹500. Vihaan saves 25% of it. How many rupees are saved?
  12. 12.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  13. 13.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) a new video game (d) a piggy bank for later
  14. 14.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  15. 15.Kabir’s stall made a profit of ₹1800. Kabir saves 10% of it. How many rupees are saved?
  16. 16.Meera’s stall made a profit of ₹1900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  18. 18.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.Kabir’s stall made a profit of ₹2000. Kabir saves 50% of it. How many rupees are saved?
  21. 21.Meera’s stall made a profit of ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) better paint for cards (d) profit put in a bank
  23. 23.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  24. 24.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  25. 25.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) a new video game (d) more seeds for next time
  27. 27.Farhan’s stall made a profit of ₹700. Farhan saves 50% of it. How many rupees are saved?
  28. 28.Gurpreet’s stall made a profit of ₹300. Gurpreet saves 25% of it. How many rupees are saved?
  29. 29.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
  30. 30.Arjun’s stall made a profit of ₹1700. Arjun saves 10% of it. How many rupees are saved?
  31. 31.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) better paint for cards (d) profit put in a bank
  32. 32.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  33. 33.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Zoya’s stall made a profit of ₹1200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  36. 36.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.Tara’s stall made a profit of ₹1500. Tara saves 10% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Kabir’s stall made a profit of ₹1600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Zoya’s stall made a profit of ₹1200. Zoya saves 20% of it. How many rupees are saved?

Answer key

  1. 80
  2. sweets for yourself
  3. 6
  4. buying a second juicer
  5. to keep trust
  6. saving
  7. spending
  8. for bad days and goals
  9. 49
  10. 600
  11. 125
  12. saving
  13. a piggy bank for later
  14. can I pay it back?
  15. 180
  16. 570
  17. the cost of borrowing
  18. 1008
  19. 580
  20. 1000
  21. 780
  22. better paint for cards
  23. spending
  24. putting profit back in
  25. 32
  26. more seeds for next time
  27. 350
  28. 75
  29. talk to parents
  30. 170
  31. profit put in a bank
  32. reinvesting
  33. 32
  34. 720
  35. spending
  36. 1120
  37. 150
  38. 28
  39. 800
  40. 240

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