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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 287 · 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 ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  3. 3.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.Which of these is reinvesting in the business? (a) more seeds for next time (b) an emergency fund (c) a cinema ticket (d) profit put in a bank
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  6. 6.Kavya’s stall made a profit of ₹1000. Kavya saves 20% of it. How many rupees are saved?
  7. 7.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) an emergency fund
  8. 8.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  10. 10.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) spending it on games (d) hiding it
  11. 11.Ananya’s stall made a profit of ₹1800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  13. 13.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 ₹)?
  14. 14.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  16. 16.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) buying a second juicer (d) an emergency fund
  17. 17.👪 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
  18. 18.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Ananya’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 reinvested?
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  21. 21.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.Meera’s stall made a profit of ₹1100. Meera saves 50% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.Meera’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Dev’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 spent?
  27. 27.Ananya’s stall made a profit of ₹1900. Ananya saves 10% of it. How many rupees are saved?
  28. 28.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  29. 29.Ananya’s stall made a profit of ₹1700. Ananya saves 50% of it. How many rupees are saved?
  30. 30.Aarav’s stall made a profit of ₹1600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  32. 32.Farhan’s stall made a profit of ₹1900. Farhan saves 25% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Which of these is saving? (a) a new video game (b) profit put in a bank (c) sweets for yourself (d) more seeds for next time
  35. 35.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Farhan’s stall made a profit of ₹400. Farhan saves 50% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) better paint for cards (d) an emergency fund
  39. 39.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) a piggy bank for later (d) a cinema ticket
  40. 40.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?

Answer key

  1. 18
  2. saving
  3. 18
  4. more seeds for next time
  5. saving
  6. 200
  7. a cinema ticket
  8. 972
  9. spending
  10. putting profit back in
  11. 810
  12. reinvesting
  13. 1020
  14. 10
  15. for bad days and goals
  16. a new video game
  17. talk to parents
  18. 1116
  19. 480
  20. saving
  21. 112
  22. 550
  23. 618
  24. 72
  25. 280
  26. 440
  27. 190
  28. to keep trust
  29. 850
  30. 480
  31. spending
  32. 475
  33. 8
  34. profit put in a bank
  35. 18
  36. 200
  37. 763
  38. better paint for cards
  39. buying a second juicer
  40. can I pay it back?

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