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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 643 · 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.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  2. 2.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  5. 5.💡 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?
  6. 6.Lakshmi’s stall made a profit of ₹400. Lakshmi saves 25% of it. How many rupees are saved?
  7. 7.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) profit put in a bank (d) a new video game
  8. 8.Diya’s stall made a profit of ₹1500. Diya saves 20% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  10. 10.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  12. 12.Saanvi’s stall made a profit of ₹300. Saanvi saves 50% of it. How many rupees are saved?
  13. 13.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) a piggy bank for later (d) profit put in a bank
  14. 14.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) more seeds for next time (d) better paint for cards
  15. 15.Dev’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) an emergency fund (d) a new video game
  17. 17.Diya’s stall made a profit of ₹600. Diya saves 25% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  20. 20.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  21. 21.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  23. 23.Nisha’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Zoya’s stall made a profit of ₹1800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  26. 26.Farhan’s stall made a profit of ₹1400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Vihaan’s stall made a profit of ₹1300. Vihaan saves 50% of it. How many rupees are saved?
  28. 28.Nisha’s stall made a profit of ₹1300. Nisha saves 20% of it. How many rupees are saved?
  29. 29.Tara’s stall made a profit of ₹1200. Tara saves 25% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Meera’s stall made a profit of ₹300. Meera saves 50% of it. How many rupees are saved?
  32. 32.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  33. 33.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  34. 34.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.Farhan’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Gurpreet’s stall made a profit of ₹1300. Gurpreet saves 20% of it. How many rupees are saved?
  37. 37.Diya’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.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 ₹)?
  39. 39.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) a cinema ticket (d) better paint for cards
  40. 40.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. to keep trust
  2. 30
  3. 749
  4. the cost of borrowing
  5. can I pay it back?
  6. 100
  7. profit put in a bank
  8. 300
  9. 1180
  10. 20
  11. talk to parents
  12. 150
  13. buying a second juicer
  14. an emergency fund
  15. 120
  16. a new video game
  17. 150
  18. 180
  19. spending
  20. spending
  21. 140
  22. putting profit back in
  23. 240
  24. 900
  25. saving
  26. 560
  27. 650
  28. 260
  29. 300
  30. 354
  31. 150
  32. spending
  33. reinvesting
  34. 40
  35. 140
  36. 260
  37. 180
  38. 220
  39. better paint for cards
  40. 721

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