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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 128 · 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 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.Which of these is spending on yourself? (a) a cinema ticket (b) better paint for cards (c) buying a second juicer (d) profit put in a bank
  3. 3.Zoya’s stall made a profit of ₹600. Zoya saves 20% of it. How many rupees are saved?
  4. 4.Rohan’s stall made a profit of ₹1100. Rohan saves 25% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.Kavya’s stall made a profit of ₹1100. Kavya saves 20% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  9. 9.Kabir’s stall made a profit of ₹1700. Kabir saves 20% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  11. 11.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  13. 13.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  14. 14.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) more seeds for next time (d) profit put in a bank
  15. 15.Which of these is reinvesting in the business? (a) better paint for cards (b) sweets for yourself (c) a cinema ticket (d) an emergency fund
  16. 16.Which of these is saving? (a) a new video game (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
  17. 17.Arjun’s stall made a profit of ₹1000. Arjun saves 10% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  20. 20.Kabir’s stall made a profit of ₹500. Kabir saves 10% of it. How many rupees are saved?
  21. 21.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 ₹)?
  22. 22.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  23. 23.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  24. 24.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) buying a second juicer (d) a cinema ticket
  25. 25.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  26. 26.Which of these is saving? (a) a new video game (b) buying a second juicer (c) more seeds for next time (d) a piggy bank for later
  27. 27.Nisha’s stall made a profit of ₹500. Nisha saves 20% of it. How many rupees are saved?
  28. 28.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 ₹)?
  29. 29.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) sweets for yourself (d) buying a second juicer
  30. 30.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Aarav’s stall made a profit of ₹1100. Aarav saves 50% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  34. 34.Kavya’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  36. 36.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  38. 38.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 25% of it. How many rupees are saved?
  39. 39.Nisha’s stall made a profit of ₹1500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Dev’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 945
  2. a cinema ticket
  3. 120
  4. 275
  5. 550
  6. 220
  7. 720
  8. to keep trust
  9. 340
  10. saving
  11. 32
  12. saving
  13. putting profit back in
  14. more seeds for next time
  15. better paint for cards
  16. an emergency fund
  17. 100
  18. 408
  19. spending
  20. 50
  21. 954
  22. reinvesting
  23. reinvesting
  24. buying a second juicer
  25. spending
  26. a piggy bank for later
  27. 100
  28. 508
  29. sweets for yourself
  30. 312
  31. 550
  32. 944
  33. for bad days and goals
  34. 570
  35. talk to parents
  36. 654
  37. the cost of borrowing
  38. 150
  39. 600
  40. 320

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