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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 324 · 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 must it pay back in all after 3 years (in ₹)?
  2. 2.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  3. 3.Which of these is reinvesting in the business? (a) profit put in a bank (b) better paint for cards (c) sweets for yourself (d) an emergency fund
  4. 4.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  5. 5.Joseph’s stall made a profit of ₹700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.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 ₹)?
  7. 7.Which of these is reinvesting in the business? (a) more seeds for next time (b) a piggy bank for later (c) profit put in a bank (d) sweets for yourself
  8. 8.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  10. 10.Which of these is spending on yourself? (a) a piggy bank for later (b) sweets for yourself (c) profit put in a bank (d) more seeds for next time
  11. 11.Farhan’s stall made a profit of ₹1700. Farhan saves 50% of it. How many rupees are saved?
  12. 12.Aarav’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?
  13. 13.Nisha’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) sweets for yourself (d) more seeds for next time
  15. 15.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) sweets for yourself (d) an emergency fund
  17. 17.Ananya’s stall made a profit of ₹700. Ananya saves 20% of it. How many rupees are saved?
  18. 18.Rohan’s stall made a profit of ₹600. Rohan saves 10% of it. How many rupees are saved?
  19. 19.Riya’s stall made a profit of ₹200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Meera’s stall made a profit of ₹800. Meera saves 50% of it. How many rupees are saved?
  21. 21.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  22. 22.Kavya’s stall made a profit of ₹1000. Kavya saves 20% of it. How many rupees are saved?
  23. 23.Aarav’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Aarav’s stall made a profit of ₹500. Aarav saves 10% of it. How many rupees are saved?
  25. 25.Zoya’s stall made a profit of ₹1900. Zoya saves 20% of it. How many rupees are saved?
  26. 26.Zoya’s stall made a profit of ₹1300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  28. 28.Nisha’s stall made a profit of ₹1200. Nisha saves 20% of it. How many rupees are saved?
  29. 29.Joseph’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 reinvested?
  30. 30.Kavya’s stall made a profit of ₹1800. Kavya saves 50% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  32. 32.Kabir’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Riya’s stall made a profit of ₹800. Riya saves 10% of it. How many rupees are saved?
  34. 34.Kavya’s stall made a profit of ₹1400. Kavya saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.Tara’s stall made a profit of ₹1700. Tara saves 20% of it. How many rupees are saved?
  38. 38.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
  39. 39.Aarav’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 354
  2. can I pay it back?
  3. better paint for cards
  4. to keep trust
  5. 315
  6. 424
  7. more seeds for next time
  8. 864
  9. the cost of borrowing
  10. sweets for yourself
  11. 850
  12. 850
  13. 360
  14. profit put in a bank
  15. 112
  16. an emergency fund
  17. 140
  18. 60
  19. 80
  20. 400
  21. for bad days and goals
  22. 200
  23. 120
  24. 50
  25. 380
  26. 650
  27. reinvesting
  28. 240
  29. 160
  30. 900
  31. reinvesting
  32. 240
  33. 80
  34. 140
  35. 56
  36. 315
  37. 340
  38. talk to parents
  39. 300
  40. 770

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