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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 917 · 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: a new video game? (a) saving (b) spending (c) reinvesting
  2. 2.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Arjun’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  8. 8.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  10. 10.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
  12. 12.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  13. 13.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) more seeds for next time (d) sweets for yourself
  14. 14.Gurpreet’s stall made a profit of ₹1600. Gurpreet saves 10% of it. How many rupees are saved?
  15. 15.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) profit put in a bank (d) sweets for yourself
  16. 16.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) profit put in a bank (d) buying a second juicer
  17. 17.Farhan’s stall made a profit of ₹2000. Farhan saves 25% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Rohan’s stall made a profit of ₹900. Rohan saves 25% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  21. 21.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  23. 23.Gurpreet’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) a cinema ticket (d) profit put in a bank
  26. 26.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  27. 27.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  28. 28.Kavya’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  30. 30.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) a cinema ticket (d) better paint for cards
  32. 32.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.Tara’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 reinvested?
  38. 38.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Zoya’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) more seeds for next time

Answer key

  1. spending
  2. 735
  3. 60
  4. 28
  5. the cost of borrowing
  6. talk to parents
  7. saving
  8. a piggy bank for later
  9. reinvesting
  10. 102
  11. can I pay it back?
  12. spending
  13. more seeds for next time
  14. 160
  15. sweets for yourself
  16. buying a second juicer
  17. 500
  18. 1060
  19. 225
  20. saving
  21. to keep trust
  22. spending
  23. 570
  24. 45
  25. profit put in a bank
  26. saving
  27. for bad days and goals
  28. 300
  29. reinvesting
  30. 168
  31. a cinema ticket
  32. 100
  33. 208
  34. 112
  35. 848
  36. 200
  37. 210
  38. 721
  39. 100
  40. a new video game

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