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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 226 · 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) profit put in a bank (b) more seeds for next time (c) a cinema ticket (d) an emergency fund
  2. 2.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.Diya’s stall made a profit of ₹1300. Diya saves 25% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) sweets for yourself (d) profit put in a bank
  7. 7.Rohan’s stall made a profit of ₹1700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) more seeds for next time (d) buying a second juicer
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  11. 11.Rohan’s stall made a profit of ₹1800. Rohan saves 20% of it. How many rupees are saved?
  12. 12.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to keep trust (d) to pay more interest
  13. 13.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  14. 14.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.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 ₹)?
  16. 16.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) better paint for cards (d) sweets for yourself
  17. 17.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.Ishaan’s stall made a profit of ₹1800. Ishaan saves 50% of it. How many rupees are saved?
  19. 19.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  20. 20.Vihaan’s stall made a profit of ₹1200. Vihaan saves 20% of it. How many rupees are saved?
  21. 21.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
  22. 22.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.Nisha’s stall made a profit of ₹900. Nisha saves 20% of it. How many rupees are saved?
  24. 24.Ananya’s stall made a profit of ₹1000. Ananya saves 10% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  26. 26.Dev’s stall made a profit of ₹1500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Aarav’s stall made a profit of ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Gurpreet’s stall made a profit of ₹1600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  31. 31.Diya’s stall made a profit of ₹800. Diya saves 50% of it. How many rupees are saved?
  32. 32.Vihaan’s stall made a profit of ₹1100. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) sweets for yourself (d) more seeds for next time
  34. 34.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  35. 35.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.Rohan’s stall made a profit of ₹1600. Rohan saves 25% of it. How many rupees are saved?
  37. 37.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  38. 38.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 ₹)?
  39. 39.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Ishaan’s stall made a profit of ₹1800. Ishaan saves 20% of it. How many rupees are saved?

Answer key

  1. a cinema ticket
  2. 968
  3. 325
  4. 416
  5. 432
  6. profit put in a bank
  7. 680
  8. an emergency fund
  9. saving
  10. spending
  11. 360
  12. to keep trust
  13. the cost of borrowing
  14. 872
  15. 348
  16. better paint for cards
  17. 32
  18. 900
  19. talk to parents
  20. 240
  21. can I pay it back?
  22. 590
  23. 180
  24. 100
  25. spending
  26. 450
  27. 10
  28. 390
  29. 640
  30. saving
  31. 400
  32. 550
  33. more seeds for next time
  34. reinvesting
  35. 224
  36. 400
  37. reinvesting
  38. 424
  39. 108
  40. 360

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