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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 940 · 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.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) buying a second juicer (d) a cinema ticket
  2. 2.Ananya’s stall made a profit of ₹500. Ananya saves 10% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
  7. 7.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) a piggy bank for later (d) better paint for cards
  8. 8.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.Which of these is saving? (a) a cinema ticket (b) a new video game (c) a piggy bank for later (d) more seeds for next time
  11. 11.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  12. 12.Nisha’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  14. 14.Farhan’s stall made a profit of ₹2000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  16. 16.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  17. 17.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) a piggy bank for later (d) sweets for yourself
  18. 18.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.Kabir’s stall made a profit of ₹2000. Kabir saves 10% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Tara’s stall made a profit of ₹300. Tara saves 10% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  27. 27.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  29. 29.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 ₹)?
  30. 30.Aarav’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 reinvested?
  31. 31.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) better paint for cards (d) more seeds for next time
  33. 33.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  34. 34.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Joseph’s stall made a profit of ₹400. Joseph saves 50% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  38. 38.Farhan’s stall made a profit of ₹900. Farhan saves 10% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting

Answer key

  1. buying a second juicer
  2. 50
  3. 14
  4. 48
  5. 42
  6. talk to parents
  7. better paint for cards
  8. 9
  9. 28
  10. a piggy bank for later
  11. putting profit back in
  12. 180
  13. the cost of borrowing
  14. 800
  15. reinvesting
  16. can I pay it back?
  17. sweets for yourself
  18. 12
  19. 770
  20. 200
  21. 972
  22. 780
  23. 54
  24. 30
  25. 28
  26. spending
  27. 260
  28. reinvesting
  29. 864
  30. 520
  31. 580
  32. profit put in a bank
  33. spending
  34. 324
  35. 200
  36. 36
  37. for bad days and goals
  38. 90
  39. 636
  40. saving

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