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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 668 · 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 ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  3. 3.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) profit put in a bank (d) a cinema ticket
  4. 4.Meera’s stall made a profit of ₹1700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  6. 6.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) a cinema ticket (d) buying a second juicer
  7. 7.Diya’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  10. 10.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  11. 11.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 ₹)?
  12. 12.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  13. 13.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  14. 14.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  15. 15.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) an emergency fund (d) a new video game
  16. 16.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) more seeds for next time (d) profit put in a bank
  17. 17.Saanvi’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) a cinema ticket (d) buying a second juicer
  19. 19.Dev’s stall made a profit of ₹1300. Dev saves 50% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.Riya’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 spent?
  22. 22.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) sweets for yourself (d) an emergency fund
  23. 23.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  24. 24.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) sweets for yourself (d) profit put in a bank
  25. 25.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  26. 26.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  27. 27.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  28. 28.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Ananya’s stall made a profit of ₹300. Ananya saves 25% of it. How many rupees are saved?
  32. 32.Riya’s stall made a profit of ₹1400. Riya saves 50% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  34. 34.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  35. 35.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  37. 37.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  38. 38.Arjun’s stall made a profit of ₹2000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Arjun’s stall made a profit of ₹700. Arjun saves 10% of it. How many rupees are saved?
  40. 40.Farhan’s stall made a profit of ₹1400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 120
  2. talk to parents
  3. a cinema ticket
  4. 680
  5. the cost of borrowing
  6. an emergency fund
  7. 330
  8. 120
  9. spending
  10. to keep trust
  11. 848
  12. can I pay it back?
  13. reinvesting
  14. reinvesting
  15. a new video game
  16. more seeds for next time
  17. 220
  18. a piggy bank for later
  19. 650
  20. 624
  21. 350
  22. better paint for cards
  23. reinvesting
  24. profit put in a bank
  25. spending
  26. saving
  27. buying a second juicer
  28. 70
  29. 30
  30. 106
  31. 75
  32. 700
  33. saving
  34. spending
  35. 105
  36. sweets for yourself
  37. saving
  38. 800
  39. 70
  40. 700

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