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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 811 · 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 ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to keep trust (d) to pay more interest
  3. 3.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
  4. 4.Riya’s stall made a profit of ₹1900. Riya saves 50% of it. How many rupees are saved?
  5. 5.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  6. 6.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) a piggy bank for later (d) more seeds for next time
  7. 7.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  8. 8.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Arjun’s stall made a profit of ₹200. Arjun saves 25% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  12. 12.Meera’s stall made a profit of ₹1200. Meera saves 20% of it. How many rupees are saved?
  13. 13.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) better paint for cards
  14. 14.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  16. 16.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  17. 17.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.Kavya’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  20. 20.Nisha’s stall made a profit of ₹1500. Nisha saves 10% of it. How many rupees are saved?
  21. 21.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 ₹)?
  22. 22.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  23. 23.💡 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?
  24. 24.Joseph’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?
  25. 25.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) profit put in a bank (d) an emergency fund
  26. 26.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  27. 27.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.Vihaan’s stall made a profit of ₹900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.👪 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
  30. 30.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) more seeds for next time (d) a cinema ticket
  31. 31.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  33. 33.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  34. 34.Meera’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?
  35. 35.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.Vihaan’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Which of these is spending on yourself? (a) sweets for yourself (b) a piggy bank for later (c) more seeds for next time (d) better paint for cards
  39. 39.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  40. 40.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 1016
  2. to keep trust
  3. a cinema ticket
  4. 950
  5. reinvesting
  6. more seeds for next time
  7. reinvesting
  8. 12
  9. 50
  10. 864
  11. the cost of borrowing
  12. 240
  13. a new video game
  14. 54
  15. for bad days and goals
  16. reinvesting
  17. 90
  18. 200
  19. saving
  20. 150
  21. 954
  22. saving
  23. can I pay it back?
  24. 220
  25. better paint for cards
  26. putting profit back in
  27. 880
  28. 405
  29. talk to parents
  30. a piggy bank for later
  31. 45
  32. spending
  33. spending
  34. 220
  35. 24
  36. 756
  37. 150
  38. sweets for yourself
  39. saving
  40. 50

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