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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 727 · 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.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  2. 2.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  3. 3.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.💡 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?
  5. 5.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) a new video game (d) a piggy bank for later
  7. 7.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
  8. 8.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.Which of these is spending on yourself? (a) a new video game (b) buying a second juicer (c) profit put in a bank (d) more seeds for next time
  10. 10.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to pay more interest (d) to keep trust
  12. 12.Saanvi’s stall made a profit of ₹2000. Saanvi saves 50% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  15. 15.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  16. 16.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  17. 17.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.Aarav’s stall made a profit of ₹800. Aarav saves 20% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) an emergency fund (d) more seeds for next time
  22. 22.Diya’s stall made a profit of ₹1500. Diya saves 20% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.Tara’s stall made a profit of ₹300. Tara saves 50% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  27. 27.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) buying a second juicer (d) an emergency fund
  30. 30.Vihaan’s stall made a profit of ₹200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Aarav’s stall made a profit of ₹2000. Aarav saves 10% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  35. 35.Which of these is saving? (a) a new video game (b) more seeds for next time (c) sweets for yourself (d) profit put in a bank
  36. 36.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) better paint for cards (d) sweets for yourself
  37. 37.Dev’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?
  38. 38.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting

Answer key

  1. spending
  2. saving
  3. 56
  4. can I pay it back?
  5. 30
  6. buying a second juicer
  7. a piggy bank for later
  8. 192
  9. a new video game
  10. 36
  11. to keep trust
  12. 1000
  13. 81
  14. talk to parents
  15. the cost of borrowing
  16. for bad days and goals
  17. 36
  18. 16
  19. 160
  20. 15
  21. more seeds for next time
  22. 300
  23. 109
  24. 150
  25. 27
  26. reinvesting
  27. 1070
  28. 20
  29. an emergency fund
  30. 80
  31. 200
  32. 42
  33. 120
  34. spending
  35. profit put in a bank
  36. sweets for yourself
  37. 220
  38. 49
  39. 954
  40. saving

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