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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 838 · 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 ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  3. 3.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) buying a second juicer (d) better paint for cards
  4. 4.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) profit put in a bank (d) a new video game
  5. 5.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  7. 7.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) buying a second juicer (d) profit put in a bank
  9. 9.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.Gurpreet’s stall made a profit of ₹1300. Gurpreet saves 10% of it. How many rupees are saved?
  12. 12.Saanvi’s stall made a profit of ₹1300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) to pay more interest (d) it does not matter
  14. 14.Which of these is reinvesting in the business? (a) better paint for cards (b) profit put in a bank (c) a cinema ticket (d) sweets for yourself
  15. 15.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  16. 16.Lakshmi’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.👪 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
  18. 18.Ishaan’s stall made a profit of ₹1500. Ishaan saves 10% of it. How many rupees are saved?
  19. 19.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 ₹)?
  20. 20.Dev’s stall made a profit of ₹1900. Dev saves 50% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  22. 22.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  23. 23.Saanvi’s stall made a profit of ₹1400. Saanvi saves 50% of it. How many rupees are saved?
  24. 24.Riya’s stall made a profit of ₹1200. Riya saves 10% of it. How many rupees are saved?
  25. 25.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  26. 26.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.Vihaan’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Ananya’s stall made a profit of ₹400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.Which of these is reinvesting in the business? (a) a cinema ticket (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
  31. 31.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.Vihaan’s stall made a profit of ₹1800. Vihaan saves 20% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Which of these is spending on yourself? (a) sweets for yourself (b) a piggy bank for later (c) better paint for cards (d) profit put in a bank
  37. 37.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  38. 38.Farhan’s stall made a profit of ₹2000. Farhan saves 10% of it. How many rupees are saved?
  39. 39.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  40. 40.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) a new video game

Answer key

  1. 954
  2. reinvesting
  3. an emergency fund
  4. a new video game
  5. 135
  6. putting profit back in
  7. 18
  8. profit put in a bank
  9. 840
  10. 18
  11. 130
  12. 455
  13. to keep trust
  14. better paint for cards
  15. saving
  16. 1200
  17. talk to parents
  18. 150
  19. 880
  20. 950
  21. saving
  22. spending
  23. 700
  24. 120
  25. the cost of borrowing
  26. 345
  27. 1160
  28. 600
  29. 240
  30. buying a second juicer
  31. 12
  32. 48
  33. 360
  34. 90
  35. 180
  36. sweets for yourself
  37. spending
  38. 200
  39. for bad days and goals
  40. more seeds for next time

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