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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 25 · 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 ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  3. 3.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.Gurpreet’s stall made a profit of ₹200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.Aarav’s stall made a profit of ₹900. Aarav saves 50% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  7. 7.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) a piggy bank for later (d) a cinema ticket
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  9. 9.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  10. 10.Zoya’s stall made a profit of ₹1800. Zoya saves 25% of it. How many rupees are saved?
  11. 11.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 ₹)?
  12. 12.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  15. 15.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  16. 16.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Rohan’s stall made a profit of ₹2000. 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 spending on yourself? (a) a new video game (b) buying a second juicer (c) better paint for cards (d) profit put in a bank
  19. 19.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Rohan’s stall made a profit of ₹1800. Rohan saves 10% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  23. 23.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) a piggy bank for later (d) more seeds for next time
  24. 24.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.Gurpreet’s stall made a profit of ₹700. Gurpreet saves 10% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  28. 28.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  29. 29.Aarav’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) a piggy bank for later (d) an emergency fund
  32. 32.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) an emergency fund
  33. 33.Ananya’s stall made a profit of ₹1400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) better paint for cards
  35. 35.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Kabir’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Gurpreet’s stall made a profit of ₹300. Gurpreet saves 25% of it. How many rupees are saved?
  38. 38.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
  39. 39.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending

Answer key

  1. 1160
  2. for bad days and goals
  3. 642
  4. 100
  5. 450
  6. reinvesting
  7. buying a second juicer
  8. talk to parents
  9. putting profit back in
  10. 450
  11. 312
  12. 14
  13. 42
  14. saving
  15. reinvesting
  16. 372
  17. 400
  18. a new video game
  19. 936
  20. 8
  21. 180
  22. saving
  23. a piggy bank for later
  24. 84
  25. 70
  26. 232
  27. to keep trust
  28. spending
  29. 600
  30. 944
  31. a cinema ticket
  32. more seeds for next time
  33. 280
  34. profit put in a bank
  35. 436
  36. 1260
  37. 75
  38. can I pay it back?
  39. 936
  40. spending

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