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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 99 · 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: better paint for cards? (a) saving (b) spending (c) reinvesting
  2. 2.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) a new video game (d) an emergency fund
  3. 3.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  4. 4.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) more seeds for next time (d) sweets for yourself
  5. 5.Vihaan’s stall made a profit of ₹1700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  8. 8.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  9. 9.Ishaan’s stall made a profit of ₹1800. Ishaan saves 50% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) better paint for cards (d) a new video game
  12. 12.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.Meera’s stall made a profit of ₹1900. Meera saves 10% of it. How many rupees are saved?
  14. 14.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
  15. 15.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.Arjun’s stall made a profit of ₹400. Arjun saves 20% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  19. 19.Which of these is saving? (a) sweets for yourself (b) a new video game (c) better paint for cards (d) a piggy bank for later
  20. 20.Aarav’s stall made a profit of ₹300. Aarav saves 20% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.Ishaan’s stall made a profit of ₹1400. Ishaan saves 50% of it. How many rupees are saved?
  23. 23.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  24. 24.Aarav’s stall made a profit of ₹500. Aarav saves 10% of it. How many rupees are saved?
  25. 25.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  26. 26.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  28. 28.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.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 ₹)?
  30. 30.Saanvi’s stall made a profit of ₹1200. Saanvi saves 50% of it. How many rupees are saved?
  31. 31.Rohan’s stall made a profit of ₹600. Rohan saves 50% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) no reason (d) saving is a loss
  34. 34.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  35. 35.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.Arjun’s stall made a profit of ₹1800. Arjun saves 25% of it. How many rupees are saved?
  37. 37.Lakshmi’s stall made a profit of ₹1400. Lakshmi saves 50% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Which of these is reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) a new video game (d) a cinema ticket
  40. 40.Meera’s stall made a profit of ₹1500. Meera saves 25% of it. How many rupees are saved?

Answer key

  1. reinvesting
  2. an emergency fund
  3. 848
  4. profit put in a bank
  5. 765
  6. reinvesting
  7. saving
  8. reinvesting
  9. 900
  10. 840
  11. better paint for cards
  12. 10
  13. 190
  14. talk to parents
  15. 106
  16. 80
  17. 1060
  18. saving
  19. a piggy bank for later
  20. 60
  21. 436
  22. 700
  23. putting profit back in
  24. 50
  25. can I pay it back?
  26. 696
  27. spending
  28. 327
  29. 1116
  30. 600
  31. 300
  32. 50
  33. for bad days and goals
  34. the cost of borrowing
  35. 348
  36. 450
  37. 700
  38. 9
  39. more seeds for next time
  40. 375

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