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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 746 · 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: profit put in a bank? (a) reinvesting (b) spending (c) saving
  2. 2.Tara’s stall made a profit of ₹1500. Tara saves 50% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  5. 5.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) ask strangers (d) take it secretly
  7. 7.Vihaan’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) sweets for yourself
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  11. 11.Vihaan’s stall made a profit of ₹1900. Vihaan saves 20% of it. How many rupees are saved?
  12. 12.Joseph’s stall made a profit of ₹1300. Joseph saves 25% of it. How many rupees are saved?
  13. 13.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
  14. 14.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.Farhan’s stall made a profit of ₹900. Farhan saves 50% of it. How many rupees are saved?
  16. 16.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  17. 17.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  19. 19.Which of these is saving? (a) sweets for yourself (b) a new video game (c) more seeds for next time (d) an emergency fund
  20. 20.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) an emergency fund (d) sweets for yourself
  21. 21.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.Riya’s stall made a profit of ₹1500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  27. 27.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) nothing (d) can I pay it back?
  28. 28.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) buying a second juicer (d) a piggy bank for later
  30. 30.Kavya’s stall made a profit of ₹1900. Kavya saves 10% of it. How many rupees are saved?
  31. 31.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) a new video game (d) a cinema ticket
  32. 32.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.Aarav’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) better paint for cards (d) sweets for yourself
  36. 36.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  37. 37.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  38. 38.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.Diya’s stall made a profit of ₹1800. Diya saves 25% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. saving
  2. 750
  3. 436
  4. reinvesting
  5. 27
  6. talk to parents
  7. 560
  8. more seeds for next time
  9. reinvesting
  10. saving
  11. 380
  12. 325
  13. for bad days and goals
  14. 354
  15. 450
  16. putting profit back in
  17. 160
  18. spending
  19. an emergency fund
  20. sweets for yourself
  21. 18
  22. 450
  23. 330
  24. 963
  25. 60
  26. the cost of borrowing
  27. can I pay it back?
  28. 15
  29. a piggy bank for later
  30. 190
  31. buying a second juicer
  32. 20
  33. 180
  34. 90
  35. better paint for cards
  36. saving
  37. to keep trust
  38. 372
  39. 450
  40. 1080

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