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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 942 · 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 saving? (a) more seeds for next time (b) better paint for cards (c) a cinema ticket (d) profit put in a bank
  2. 2.Aarav’s stall made a profit of ₹1800. Aarav saves 50% of it. How many rupees are saved?
  3. 3.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) an emergency fund (d) better paint for cards
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  6. 6.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  8. 8.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  10. 10.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) sweets for yourself (d) a piggy bank for later
  11. 11.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  12. 12.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.Dev’s stall made a profit of ₹500. Dev saves 20% of it. How many rupees are saved?
  14. 14.Which of these is reinvesting in the business? (a) better paint for cards (b) an emergency fund (c) sweets for yourself (d) a new video game
  15. 15.Diya’s stall made a profit of ₹1200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) sweets for yourself (d) more seeds for next time
  17. 17.Aarav’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  19. 19.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  24. 24.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Arjun’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) sweets for yourself (d) profit put in a bank
  28. 28.Which of these is reinvesting in the business? (a) buying a second juicer (b) profit put in a bank (c) a cinema ticket (d) an emergency fund
  29. 29.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  30. 30.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  31. 31.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  34. 34.A small family shop borrows ₹400 from a bank at 9% 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 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) buying a second juicer (d) more seeds for next time
  37. 37.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  38. 38.Meera’s stall made a profit of ₹1500. Meera saves 10% of it. How many rupees are saved?
  39. 39.Zoya’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. profit put in a bank
  2. 900
  3. a new video game
  4. reinvesting
  5. spending
  6. 24
  7. saving
  8. 1240
  9. saving
  10. more seeds for next time
  11. can I pay it back?
  12. 1080
  13. 100
  14. better paint for cards
  15. 240
  16. a piggy bank for later
  17. 100
  18. reinvesting
  19. 354
  20. 12
  21. 306
  22. 1200
  23. spending
  24. 12
  25. 720
  26. 72
  27. sweets for yourself
  28. buying a second juicer
  29. the cost of borrowing
  30. for bad days and goals
  31. 60
  32. 20
  33. talk to parents
  34. 508
  35. 32
  36. a cinema ticket
  37. putting profit back in
  38. 150
  39. 350
  40. 72

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