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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 982 · 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.💡 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?
  2. 2.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  3. 3.Farhan’s stall made a profit of ₹1200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.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 ₹)?
  5. 5.Aarav’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 spent?
  6. 6.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) an emergency fund (d) a cinema ticket
  8. 8.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
  10. 10.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  11. 11.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) more seeds for next time (d) better paint for cards
  12. 12.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  13. 13.Vihaan’s stall made a profit of ₹400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.Rohan’s stall made a profit of ₹400. Rohan saves 25% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.Zoya’s stall made a profit of ₹1700. Zoya saves 10% of it. How many rupees are saved?
  19. 19.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  20. 20.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  21. 21.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) buying a second juicer (d) more seeds for next time
  22. 22.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) a piggy bank for later (d) buying a second juicer
  23. 23.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  25. 25.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  26. 26.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  27. 27.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  28. 28.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.Arjun’s stall made a profit of ₹200. Arjun saves 25% of it. How many rupees are saved?
  31. 31.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) a new video game (d) buying a second juicer
  32. 32.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Meera’s stall made a profit of ₹1100. Meera saves 20% of it. How many rupees are saved?
  35. 35.Which of these is saving? (a) sweets for yourself (b) a piggy bank for later (c) buying a second juicer (d) a cinema ticket
  36. 36.Saanvi’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.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 ₹)?
  38. 38.Vihaan’s stall made a profit of ₹400. Vihaan saves 10% of it. How many rupees are saved?
  39. 39.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) profit put in a bank (d) a piggy bank for later
  40. 40.Ananya’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. can I pay it back?
  2. reinvesting
  3. 240
  4. 590
  5. 1000
  6. 24
  7. a cinema ticket
  8. 856
  9. for bad days and goals
  10. reinvesting
  11. profit put in a bank
  12. spending
  13. 200
  14. 9
  15. 100
  16. 60
  17. 18
  18. 170
  19. putting profit back in
  20. talk to parents
  21. an emergency fund
  22. buying a second juicer
  23. 50
  24. saving
  25. to keep trust
  26. spending
  27. the cost of borrowing
  28. 242
  29. 1080
  30. 50
  31. a new video game
  32. 872
  33. 56
  34. 220
  35. a piggy bank for later
  36. 225
  37. 1300
  38. 40
  39. sweets for yourself
  40. 200

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