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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 108 · 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.Which of these is spending on yourself? (a) sweets for yourself (b) profit put in a bank (c) buying a second juicer (d) better paint for cards
  2. 2.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  4. 4.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.Rohan’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 spent?
  6. 6.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) an emergency fund (d) a cinema ticket
  7. 7.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  8. 8.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) a piggy bank for later (d) buying a second juicer
  9. 9.Gurpreet’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  11. 11.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  13. 13.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 ₹)?
  14. 14.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  18. 18.Nisha’s stall made a profit of ₹1200. Nisha saves 50% of it. How many rupees are saved?
  19. 19.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) profit put in a bank (d) better paint for cards
  20. 20.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  21. 21.Which of these is spending on yourself? (a) a new video game (b) buying a second juicer (c) profit put in a bank (d) a piggy bank for later
  22. 22.Ishaan’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  24. 24.Zoya’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  26. 26.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  27. 27.Vihaan’s stall made a profit of ₹1000. Vihaan saves 50% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Saanvi’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Zoya’s stall made a profit of ₹1800. Zoya saves 10% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.Farhan’s stall made a profit of ₹400. Farhan saves 10% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  35. 35.Gurpreet’s stall made a profit of ₹1200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  38. 38.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. sweets for yourself
  2. 8
  3. putting profit back in
  4. 18
  5. 400
  6. more seeds for next time
  7. for bad days and goals
  8. buying a second juicer
  9. 300
  10. saving
  11. spending
  12. saving
  13. 242
  14. 20
  15. 545
  16. 54
  17. spending
  18. 600
  19. a cinema ticket
  20. talk to parents
  21. a new video game
  22. 720
  23. reinvesting
  24. 180
  25. reinvesting
  26. to keep trust
  27. 500
  28. 954
  29. 6
  30. 40
  31. 180
  32. 80
  33. 40
  34. saving
  35. 600
  36. 42
  37. reinvesting
  38. 508
  39. 40
  40. 16

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