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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 274 · 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.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  2. 2.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.Joseph’s stall made a profit of ₹200. Joseph saves 20% of it. How many rupees are saved?
  5. 5.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 ₹)?
  6. 6.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 ₹)?
  7. 7.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) better paint for cards
  10. 10.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  11. 11.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  13. 13.Kavya’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Joseph’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.Rohan’s stall made a profit of ₹600. Rohan saves 50% of it. How many rupees are saved?
  16. 16.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) take it secretly (d) borrow online alone
  17. 17.Riya’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 reinvested?
  18. 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  19. 19.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  21. 21.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  22. 22.Tara’s stall made a profit of ₹1100. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  24. 24.Lakshmi’s stall made a profit of ₹1900. Lakshmi saves 10% of it. How many rupees are saved?
  25. 25.Meera’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) profit put in a bank (d) better paint for cards
  27. 27.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Farhan’s stall made a profit of ₹1000. Farhan saves 50% of it. How many rupees are saved?
  29. 29.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) a cinema ticket (d) better paint for cards
  30. 30.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  31. 31.Rohan’s stall made a profit of ₹400. Rohan saves 20% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Dev’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.Tara’s stall made a profit of ₹900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Which of these is saving? (a) more seeds for next time (b) a piggy bank for later (c) a new video game (d) a cinema ticket
  36. 36.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  37. 37.Ananya’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  40. 40.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. spending
  2. 100
  3. 54
  4. 40
  5. 981
  6. 944
  7. 40
  8. 9
  9. a new video game
  10. for bad days and goals
  11. 120
  12. can I pay it back?
  13. 250
  14. 90
  15. 300
  16. talk to parents
  17. 360
  18. reinvesting
  19. 118
  20. spending
  21. reinvesting
  22. 440
  23. spending
  24. 190
  25. 240
  26. better paint for cards
  27. 242
  28. 500
  29. a cinema ticket
  30. saving
  31. 80
  32. 102
  33. 280
  34. 225
  35. a piggy bank for later
  36. to keep trust
  37. 180
  38. 48
  39. saving
  40. 20

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