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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 80 · 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 ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) a cinema ticket (d) a new video game
  4. 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  5. 5.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) an emergency fund (d) a cinema ticket
  6. 6.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  7. 7.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  8. 8.Diya’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Joseph’s stall made a profit of ₹1500. Joseph saves 20% of it. How many rupees are saved?
  10. 10.Riya’s stall made a profit of ₹1200. Riya saves 50% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) better paint for cards
  14. 14.Riya’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Diya’s stall made a profit of ₹1300. Diya saves 10% of it. How many rupees are saved?
  17. 17.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  18. 18.Saanvi’s stall made a profit of ₹400. Saanvi saves 20% of it. How many rupees are saved?
  19. 19.Farhan’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  21. 21.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) a piggy bank for later (d) buying a second juicer
  22. 22.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  23. 23.Rohan’s stall made a profit of ₹1700. Rohan saves 25% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) profit put in a bank
  26. 26.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  29. 29.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) better paint for cards (d) a new video game
  30. 30.Nisha’s stall made a profit of ₹1700. Nisha saves 50% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Riya’s stall made a profit of ₹600. Riya saves 20% of it. How many rupees are saved?
  33. 33.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  34. 34.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  35. 35.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  36. 36.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Zoya’s stall made a profit of ₹1300. Zoya saves 10% of it. How many rupees are saved?
  38. 38.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) buying a second juicer (d) a piggy bank for later
  39. 39.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  40. 40.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending

Answer key

  1. 14
  2. 80
  3. better paint for cards
  4. spending
  5. a cinema ticket
  6. spending
  7. talk to parents
  8. 680
  9. 300
  10. 600
  11. 24
  12. 636
  13. profit put in a bank
  14. 630
  15. 27
  16. 130
  17. to keep trust
  18. 80
  19. 140
  20. can I pay it back?
  21. a piggy bank for later
  22. putting profit back in
  23. 425
  24. 612
  25. buying a second juicer
  26. 232
  27. 240
  28. saving
  29. a new video game
  30. 850
  31. 1090
  32. 120
  33. the cost of borrowing
  34. saving
  35. spending
  36. 63
  37. 130
  38. sweets for yourself
  39. saving
  40. reinvesting

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