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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 978 · 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.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) a cinema ticket (d) an emergency fund
  3. 3.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  5. 5.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  6. 6.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  7. 7.Kavya’s stall made a profit of ₹1600. Kavya saves 20% of it. How many rupees are saved?
  8. 8.Which of these is saving? (a) a cinema ticket (b) a new video game (c) profit put in a bank (d) better paint for cards
  9. 9.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  10. 10.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  12. 12.Ishaan’s stall made a profit of ₹1200. Ishaan saves 20% of it. How many rupees are saved?
  13. 13.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  14. 14.Which of these is reinvesting in the business? (a) buying a second juicer (b) profit put in a bank (c) a cinema ticket (d) sweets for yourself
  15. 15.Dev’s stall made a profit of ₹700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.Arjun’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  19. 19.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) a cinema ticket (d) better paint for cards
  20. 20.Lakshmi’s stall made a profit of ₹900. Lakshmi saves 25% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.Which of these is saving? (a) a piggy bank for later (b) better paint for cards (c) more seeds for next time (d) sweets for yourself
  23. 23.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  24. 24.Lakshmi’s stall made a profit of ₹900. Lakshmi saves 20% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  26. 26.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.Kabir’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  29. 29.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.Kabir’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Gurpreet’s stall made a profit of ₹1400. Gurpreet saves 50% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  34. 34.Zoya’s stall made a profit of ₹500. Zoya saves 10% of it. How many rupees are saved?
  35. 35.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  36. 36.Which of these is spending on yourself? (a) a cinema ticket (b) an emergency fund (c) profit put in a bank (d) better paint for cards
  37. 37.Which of these is reinvesting in the business? (a) an emergency fund (b) more seeds for next time (c) profit put in a bank (d) a piggy bank for later
  38. 38.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Ananya’s stall made a profit of ₹300. Ananya saves 50% of it. How many rupees are saved?
  40. 40.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 ₹)?

Answer key

  1. 954
  2. an emergency fund
  3. 32
  4. to keep trust
  5. reinvesting
  6. for bad days and goals
  7. 320
  8. profit put in a bank
  9. 230
  10. 24
  11. saving
  12. 240
  13. talk to parents
  14. buying a second juicer
  15. 210
  16. 515
  17. 80
  18. putting profit back in
  19. better paint for cards
  20. 225
  21. 27
  22. a piggy bank for later
  23. spending
  24. 180
  25. spending
  26. 918
  27. 350
  28. can I pay it back?
  29. 318
  30. 300
  31. 35
  32. 700
  33. saving
  34. 50
  35. the cost of borrowing
  36. a cinema ticket
  37. more seeds for next time
  38. 49
  39. 150
  40. 1060

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