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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 309 · 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 ₹700 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  3. 3.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  4. 4.Which of these is saving? (a) an emergency fund (b) a new video game (c) better paint for cards (d) sweets for yourself
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  6. 6.Diya’s stall made a profit of ₹300. Diya saves 10% of it. How many rupees are saved?
  7. 7.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) sweets for yourself (d) an emergency fund
  8. 8.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.Dev’s stall made a profit of ₹1100. Dev saves 20% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  11. 11.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.Kabir’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Zoya’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) more seeds for next time (d) profit put in a bank
  15. 15.Dev’s stall made a profit of ₹1900. Dev saves 25% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.Rohan’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Vihaan’s stall made a profit of ₹600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) an emergency fund (d) a new video game
  20. 20.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  21. 21.Saanvi’s stall made a profit of ₹900. Saanvi saves 20% of it. How many rupees are saved?
  22. 22.Zoya’s stall made a profit of ₹300. Zoya saves 20% of it. How many rupees are saved?
  23. 23.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  24. 24.Aarav’s stall made a profit of ₹500. Aarav saves 20% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  26. 26.Riya’s stall made a profit of ₹2000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Rohan’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 reinvested?
  28. 28.Which of these is saving? (a) sweets for yourself (b) a piggy bank for later (c) buying a second juicer (d) a cinema ticket
  29. 29.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  30. 30.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 50% of it. How many rupees are saved?
  32. 32.Meera’s stall made a profit of ₹1500. Meera saves 50% of it. How many rupees are saved?
  33. 33.Joseph’s stall made a profit of ₹1100. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  35. 35.Diya’s stall made a profit of ₹1300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) profit put in a bank (d) sweets for yourself
  38. 38.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.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 ₹)?

Answer key

  1. 63
  2. the cost of borrowing
  3. spending
  4. an emergency fund
  5. spending
  6. 30
  7. better paint for cards
  8. 735
  9. 220
  10. saving
  11. 336
  12. 160
  13. 150
  14. profit put in a bank
  15. 475
  16. 45
  17. 40
  18. 360
  19. more seeds for next time
  20. putting profit back in
  21. 180
  22. 60
  23. to keep trust
  24. 100
  25. reinvesting
  26. 1100
  27. 540
  28. a piggy bank for later
  29. talk to parents
  30. 896
  31. 300
  32. 750
  33. 440
  34. for bad days and goals
  35. 390
  36. 1008
  37. sweets for yourself
  38. 1090
  39. 24
  40. 654

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