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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 914 · 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: more seeds for next time? (a) reinvesting (b) saving (c) spending
  2. 2.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Which of these is spending on yourself? (a) buying a second juicer (b) sweets for yourself (c) better paint for cards (d) an emergency fund
  4. 4.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.Rohan’s stall made a profit of ₹200. Rohan saves 25% of it. How many rupees are saved?
  7. 7.Which of these is reinvesting in the business? (a) better paint for cards (b) a new video game (c) a piggy bank for later (d) sweets for yourself
  8. 8.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  9. 9.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  11. 11.Gurpreet’s stall made a profit of ₹400. Gurpreet saves 10% of it. How many rupees are saved?
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  13. 13.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  14. 14.Vihaan’s stall made a profit of ₹1200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.Joseph’s stall made a profit of ₹700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a piggy bank for later (d) sweets for yourself
  18. 18.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.💡 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?
  21. 21.Farhan’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Ananya’s stall made a profit of ₹500. Ananya saves 20% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  24. 24.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Saanvi’s stall made a profit of ₹400. Saanvi saves 50% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  28. 28.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) sweets for yourself (d) profit put in a bank
  29. 29.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  35. 35.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Ananya’s stall made a profit of ₹1100. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Which of these is saving? (a) buying a second juicer (b) a new video game (c) more seeds for next time (d) an emergency fund
  39. 39.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Gurpreet’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. reinvesting
  2. 27
  3. sweets for yourself
  4. 45
  5. 436
  6. 50
  7. better paint for cards
  8. the cost of borrowing
  9. 324
  10. spending
  11. 40
  12. saving
  13. talk to parents
  14. 600
  15. 315
  16. 224
  17. a piggy bank for later
  18. 25
  19. 24
  20. can I pay it back?
  21. 240
  22. 100
  23. saving
  24. 1080
  25. 8
  26. 200
  27. spending
  28. profit put in a bank
  29. 144
  30. 3
  31. 856
  32. 420
  33. 763
  34. saving
  35. 620
  36. 275
  37. 327
  38. an emergency fund
  39. 30
  40. 220

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