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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 236 · 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 ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  3. 3.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  4. 4.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  5. 5.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.Ananya’s stall made a profit of ₹700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) buying a second juicer (d) a new video game
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  9. 9.Zoya’s stall made a profit of ₹200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  12. 12.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  13. 13.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) profit put in a bank (d) a cinema ticket
  14. 14.Which of these is saving? (a) a new video game (b) sweets for yourself (c) an emergency fund (d) better paint for cards
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  16. 16.Riya’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?
  17. 17.Ananya’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) more seeds for next time (d) a piggy bank for later
  19. 19.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  22. 22.Meera’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?
  23. 23.Meera’s stall made a profit of ₹1900. Meera saves 50% of it. How many rupees are saved?
  24. 24.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  25. 25.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  26. 26.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.Vihaan’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 reinvested?
  28. 28.Vihaan’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Which of these is reinvesting in the business? (a) a cinema ticket (b) buying a second juicer (c) a new video game (d) sweets for yourself
  30. 30.Farhan’s stall made a profit of ₹1800. Farhan saves 25% of it. How many rupees are saved?
  31. 31.Which of these is saving? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) more seeds for next time
  32. 32.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  33. 33.Tara’s stall made a profit of ₹1200. Tara saves 25% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Gurpreet’s stall made a profit of ₹1000. Gurpreet saves 10% of it. How many rupees are saved?
  37. 37.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) buying a second juicer (d) an emergency fund
  38. 38.Zoya’s stall made a profit of ₹1400. Zoya saves 10% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. 218
  2. saving
  3. reinvesting
  4. putting profit back in
  5. 40
  6. 350
  7. a new video game
  8. talk to parents
  9. 80
  10. 12
  11. for bad days and goals
  12. spending
  13. profit put in a bank
  14. an emergency fund
  15. saving
  16. 50
  17. 200
  18. more seeds for next time
  19. 4
  20. spending
  21. reinvesting
  22. 200
  23. 950
  24. better paint for cards
  25. the cost of borrowing
  26. 545
  27. 600
  28. 1080
  29. buying a second juicer
  30. 450
  31. a piggy bank for later
  32. to keep trust
  33. 300
  34. 520
  35. 654
  36. 100
  37. a cinema ticket
  38. 140
  39. 56
  40. 390

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