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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 249 · 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.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  2. 2.Arjun’s stall made a profit of ₹1500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  4. 4.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.Nisha’s stall made a profit of ₹1100. Nisha saves 50% of it. How many rupees are saved?
  6. 6.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  7. 7.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.Which of these is spending on yourself? (a) buying a second juicer (b) a new video game (c) more seeds for next time (d) an emergency fund
  10. 10.Kavya’s stall made a profit of ₹300. Kavya saves 25% of it. How many rupees are saved?
  11. 11.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) a piggy bank for later (d) buying a second juicer
  12. 12.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  14. 14.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  15. 15.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Ishaan’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Saanvi’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Kabir’s stall made a profit of ₹400. Kabir saves 50% of it. How many rupees are saved?
  20. 20.Nisha’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 reinvested?
  21. 21.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  23. 23.Rohan’s stall made a profit of ₹1700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.Kavya’s stall made a profit of ₹600. Kavya saves 50% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) better paint for cards (d) a piggy bank for later
  28. 28.Rohan’s stall made a profit of ₹2000. Rohan saves 20% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Saanvi’s stall made a profit of ₹800. Saanvi saves 50% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  34. 34.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) better paint for cards
  35. 35.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) an emergency fund (d) a new video game
  36. 36.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.Meera’s stall made a profit of ₹400. Meera saves 50% of it. How many rupees are saved?
  39. 39.Rohan’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. the cost of borrowing
  2. 750
  3. spending
  4. 72
  5. 550
  6. can I pay it back?
  7. 1020
  8. 424
  9. a new video game
  10. 75
  11. buying a second juicer
  12. 6
  13. sweets for yourself
  14. putting profit back in
  15. 21
  16. 236
  17. 240
  18. 120
  19. 200
  20. 330
  21. talk to parents
  22. spending
  23. 850
  24. 363
  25. 300
  26. 80
  27. better paint for cards
  28. 400
  29. 424
  30. 28
  31. 400
  32. 309
  33. reinvesting
  34. profit put in a bank
  35. an emergency fund
  36. 16
  37. 981
  38. 200
  39. 600
  40. 840

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