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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 990 · 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.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  2. 2.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.Riya’s stall made a profit of ₹1300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  6. 6.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) a piggy bank for later (d) profit put in a bank
  7. 7.Ananya’s stall made a profit of ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  9. 9.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) sweets for yourself (d) a cinema ticket
  10. 10.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) giving it away (d) spending it on games
  12. 12.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) a cinema ticket (d) an emergency fund
  14. 14.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) more seeds for next time (d) a piggy bank for later
  17. 17.Which of these is saving? (a) a new video game (b) an emergency fund (c) buying a second juicer (d) better paint for cards
  18. 18.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  19. 19.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  20. 20.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  21. 21.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) a new video game (d) more seeds for next time
  23. 23.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 ₹)?
  24. 24.Kavya’s stall made a profit of ₹1300. Kavya saves 20% of it. How many rupees are saved?
  25. 25.Rohan’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  27. 27.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  28. 28.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  29. 29.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) ask strangers (d) borrow online alone
  30. 30.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  31. 31.Kavya’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Arjun’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  35. 35.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.Joseph’s stall made a profit of ₹1700. Joseph saves 50% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.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 ₹)?
  39. 39.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Vihaan’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. to keep trust
  2. 20
  3. 650
  4. 120
  5. reinvesting
  6. a new video game
  7. 270
  8. can I pay it back?
  9. more seeds for next time
  10. 510
  11. putting profit back in
  12. 324
  13. buying a second juicer
  14. 889
  15. 162
  16. a cinema ticket
  17. an emergency fund
  18. reinvesting
  19. saving
  20. spending
  21. 336
  22. profit put in a bank
  23. 324
  24. 260
  25. 560
  26. spending
  27. the cost of borrowing
  28. 63
  29. talk to parents
  30. saving
  31. 180
  32. 50
  33. 218
  34. for bad days and goals
  35. 424
  36. 850
  37. 8
  38. 106
  39. 72
  40. 200

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