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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 742 · 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 ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  3. 3.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to pay more interest (d) to keep trust
  4. 4.Arjun’s stall made a profit of ₹1800. Arjun saves 10% of it. How many rupees are saved?
  5. 5.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  6. 6.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) sweets for yourself (d) a cinema ticket
  7. 7.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) profit put in a bank
  8. 8.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  9. 9.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  10. 10.Which of these is saving? (a) an emergency fund (b) a new video game (c) sweets for yourself (d) better paint for cards
  11. 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  12. 12.Kabir’s stall made a profit of ₹800. Kabir saves 20% of it. How many rupees are saved?
  13. 13.Arjun’s stall made a profit of ₹2000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  15. 15.Aarav’s stall made a profit of ₹1800. Aarav saves 20% of it. How many rupees are saved?
  16. 16.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
  17. 17.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  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 1 year (in ₹)?
  19. 19.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  21. 21.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  22. 22.Kabir’s stall made a profit of ₹1100. Kabir saves 25% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Zoya’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) better paint for cards (d) an emergency fund
  30. 30.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 ₹)?
  31. 31.Rohan’s stall made a profit of ₹500. Rohan saves 10% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) better paint for cards (d) sweets for yourself
  34. 34.Rohan’s stall made a profit of ₹1100. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  36. 36.Saanvi’s stall made a profit of ₹400. Saanvi saves 25% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Gurpreet’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) better paint for cards (d) buying a second juicer

Answer key

  1. 210
  2. saving
  3. to keep trust
  4. 180
  5. spending
  6. buying a second juicer
  7. a new video game
  8. can I pay it back?
  9. spending
  10. an emergency fund
  11. reinvesting
  12. 160
  13. 600
  14. reinvesting
  15. 360
  16. talk to parents
  17. for bad days and goals
  18. 206
  19. 954
  20. saving
  21. putting profit back in
  22. 275
  23. 6
  24. 81
  25. 18
  26. 20
  27. 242
  28. 450
  29. a cinema ticket
  30. 218
  31. 50
  32. 981
  33. better paint for cards
  34. 330
  35. the cost of borrowing
  36. 100
  37. 124
  38. 160
  39. 540
  40. a piggy bank for later

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