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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 924 · 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) reinvesting (b) spending (c) saving
  2. 2.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.Arjun’s stall made a profit of ₹1400. Arjun saves 20% of it. How many rupees are saved?
  4. 4.Which of these is spending on yourself? (a) profit put in a bank (b) sweets for yourself (c) a piggy bank for later (d) better paint for cards
  5. 5.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  6. 6.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  8. 8.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.Diya’s stall made a profit of ₹800. Diya saves 25% of it. How many rupees are saved?
  11. 11.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) profit put in a bank (d) a cinema ticket
  12. 12.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.Saanvi’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  15. 15.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  16. 16.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  18. 18.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) a new video game
  20. 20.Ananya’s stall made a profit of ₹1700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.Nisha’s stall made a profit of ₹600. Nisha saves 25% of it. How many rupees are saved?
  22. 22.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  23. 23.🐷 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
  24. 24.Meera’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) a piggy bank for later (d) a new video game
  26. 26.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  27. 27.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  28. 28.Dev’s stall made a profit of ₹2000. Dev saves 10% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.Ishaan’s stall made a profit of ₹800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  33. 33.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) sweets for yourself (d) more seeds for next time
  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 2 years (in ₹)?
  35. 35.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Meera’s stall made a profit of ₹1000. Meera saves 10% of it. How many rupees are saved?
  37. 37.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  38. 38.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.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?

Answer key

  1. spending
  2. 135
  3. 280
  4. sweets for yourself
  5. can I pay it back?
  6. 30
  7. to keep trust
  8. 54
  9. 64
  10. 200
  11. profit put in a bank
  12. 590
  13. 210
  14. saving
  15. saving
  16. 4
  17. reinvesting
  18. 220
  19. a piggy bank for later
  20. 1020
  21. 150
  22. the cost of borrowing
  23. for bad days and goals
  24. 160
  25. a new video game
  26. spending
  27. reinvesting
  28. 200
  29. 1100
  30. 440
  31. 18
  32. reinvesting
  33. an emergency fund
  34. 108
  35. 144
  36. 100
  37. talk to parents
  38. 70
  39. 90
  40. 405

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