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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 95 · 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 cinema ticket? (a) spending (b) reinvesting (c) saving
  2. 2.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  3. 3.Joseph’s stall made a profit of ₹800. Joseph saves 20% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  7. 7.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  8. 8.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  10. 10.Kavya’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?
  11. 11.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  14. 14.Which of these is saving? (a) better paint for cards (b) a new video game (c) profit put in a bank (d) sweets for yourself
  15. 15.Which of these is spending on yourself? (a) a new video game (b) more seeds for next time (c) better paint for cards (d) buying a second juicer
  16. 16.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) a new video game (d) more seeds for next time
  17. 17.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  19. 19.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  20. 20.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
  21. 21.Ananya’s stall made a profit of ₹2000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Kavya’s stall made a profit of ₹1400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.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 ₹)?
  26. 26.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Ishaan’s stall made a profit of ₹500. Ishaan saves 10% of it. How many rupees are saved?
  30. 30.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  31. 31.Aarav’s stall made a profit of ₹1000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Nisha’s stall made a profit of ₹200. Nisha saves 20% of it. How many rupees are saved?
  33. 33.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) buying a second juicer (d) profit put in a bank
  34. 34.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.Aarav’s stall made a profit of ₹2000. Aarav saves 20% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Gurpreet’s stall made a profit of ₹1800. Gurpreet saves 50% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.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 ₹)?
  40. 40.Which of these is reinvesting in the business? (a) a cinema ticket (b) more seeds for next time (c) a piggy bank for later (d) an emergency fund

Answer key

  1. spending
  2. putting profit back in
  3. 160
  4. 24
  5. to keep trust
  6. spending
  7. a cinema ticket
  8. 72
  9. talk to parents
  10. 600
  11. 896
  12. 64
  13. saving
  14. profit put in a bank
  15. a new video game
  16. a piggy bank for later
  17. 416
  18. reinvesting
  19. the cost of borrowing
  20. for bad days and goals
  21. 600
  22. 980
  23. 1300
  24. 140
  25. 324
  26. 108
  27. 21
  28. 1116
  29. 50
  30. reinvesting
  31. 400
  32. 40
  33. buying a second juicer
  34. 224
  35. 400
  36. 54
  37. 900
  38. 312
  39. 1100
  40. more seeds for next time

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