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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 646 · 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.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  3. 3.Riya’s stall made a profit of ₹500. Riya saves 20% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  7. 7.Lakshmi’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  10. 10.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) better paint for cards (d) a piggy bank for later
  12. 12.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.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 ₹)?
  16. 16.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  17. 17.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  18. 18.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) sweets for yourself (d) buying a second juicer
  19. 19.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 ₹)?
  20. 20.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
  21. 21.Ananya’s stall made a profit of ₹1800. Ananya saves 20% of it. How many rupees are saved?
  22. 22.👪 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
  23. 23.Kabir’s stall made a profit of ₹1500. Kabir saves 20% of it. How many rupees are saved?
  24. 24.Lakshmi’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Kabir’s stall made a profit of ₹800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  27. 27.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  28. 28.Zoya’s stall made a profit of ₹1000. Zoya saves 25% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) a cinema ticket (d) buying a second juicer
  33. 33.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Vihaan’s stall made a profit of ₹1000. Vihaan saves 10% of it. How many rupees are saved?
  35. 35.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a new video game (d) a piggy bank for later
  36. 36.Gurpreet’s stall made a profit of ₹1500. Gurpreet saves 25% of it. How many rupees are saved?
  37. 37.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
  38. 38.Gurpreet’s stall made a profit of ₹800. Gurpreet saves 10% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Ishaan’s stall made a profit of ₹900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. can I pay it back?
  2. reinvesting
  3. 100
  4. 18
  5. 648
  6. for bad days and goals
  7. 200
  8. 14
  9. spending
  10. 218
  11. better paint for cards
  12. 30
  13. 9
  14. 832
  15. 620
  16. saving
  17. the cost of borrowing
  18. buying a second juicer
  19. 1030
  20. a piggy bank for later
  21. 360
  22. talk to parents
  23. 300
  24. 550
  25. 320
  26. spending
  27. putting profit back in
  28. 250
  29. 144
  30. 654
  31. 81
  32. an emergency fund
  33. 120
  34. 100
  35. a new video game
  36. 375
  37. sweets for yourself
  38. 80
  39. 60
  40. 540

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