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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 733 · 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 cinema ticket? (a) reinvesting (b) spending (c) saving
  2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  3. 3.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) a piggy bank for later (d) buying a second juicer
  5. 5.Rohan’s stall made a profit of ₹1700. Rohan saves 25% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  8. 8.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  9. 9.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.Vihaan’s stall made a profit of ₹1500. Vihaan saves 25% of it. How many rupees are saved?
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
  12. 12.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  13. 13.Lakshmi’s stall made a profit of ₹800. Lakshmi saves 50% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  15. 15.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  16. 16.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  17. 17.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) sweets for yourself (d) better paint for cards
  18. 18.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) a new video game (d) sweets for yourself
  21. 21.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) a new video game (d) better paint for cards
  22. 22.Which of these is saving? (a) a new video game (b) an emergency fund (c) a cinema ticket (d) better paint for cards
  23. 23.Ananya’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Arjun’s stall made a profit of ₹600. Arjun saves 25% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.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 ₹)?
  29. 29.Ananya’s stall made a profit of ₹1700. Ananya saves 20% of it. How many rupees are saved?
  30. 30.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) better paint for cards (d) profit put in a bank
  31. 31.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Kabir’s stall made a profit of ₹700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) more seeds for next time (d) a cinema ticket
  34. 34.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
  35. 35.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) more seeds for next time (d) a cinema ticket
  36. 36.Farhan’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  40. 40.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. spending
  2. reinvesting
  3. 40
  4. buying a second juicer
  5. 425
  6. reinvesting
  7. saving
  8. to keep trust
  9. 18
  10. 375
  11. talk to parents
  12. putting profit back in
  13. 400
  14. spending
  15. reinvesting
  16. spending
  17. sweets for yourself
  18. 212
  19. 36
  20. more seeds for next time
  21. a new video game
  22. an emergency fund
  23. 220
  24. 150
  25. 14
  26. 54
  27. 60
  28. 832
  29. 340
  30. better paint for cards
  31. 60
  32. 315
  33. a cinema ticket
  34. can I pay it back?
  35. a piggy bank for later
  36. 150
  37. 742
  38. 944
  39. the cost of borrowing
  40. 832

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