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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 332 · 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 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  3. 3.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  4. 4.Ishaan’s stall made a profit of ₹1500. Ishaan saves 20% of it. How many rupees are saved?
  5. 5.Ananya’s stall made a profit of ₹2000. Ananya saves 20% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  7. 7.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  8. 8.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  9. 9.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  10. 10.Which of these is reinvesting in the business? (a) better paint for cards (b) a new video game (c) profit put in a bank (d) an emergency fund
  11. 11.Which of these is reinvesting in the business? (a) an emergency fund (b) more seeds for next time (c) a new video game (d) sweets for yourself
  12. 12.Rohan’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.Rohan’s stall made a profit of ₹1000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.Lakshmi’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) no reason (d) to waste it later
  18. 18.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) a piggy bank for later (d) buying a second juicer
  19. 19.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.Aarav’s stall made a profit of ₹2000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.Zoya’s stall made a profit of ₹300. Zoya saves 50% of it. How many rupees are saved?
  22. 22.Which of these is spending on yourself? (a) a cinema ticket (b) a piggy bank for later (c) more seeds for next time (d) better paint for cards
  23. 23.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Nisha’s stall made a profit of ₹1800. Nisha saves 50% of it. How many rupees are saved?
  25. 25.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) a piggy bank for later (d) buying a second juicer
  26. 26.Farhan’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.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 ₹)?
  29. 29.Nisha’s stall made a profit of ₹1800. 20% 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 ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  33. 33.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) a cinema ticket (d) an emergency fund
  34. 34.👪 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
  35. 35.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Rohan’s stall made a profit of ₹1900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.Kavya’s stall made a profit of ₹1500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  40. 40.Diya’s stall made a profit of ₹1500. Diya saves 25% of it. How many rupees are saved?

Answer key

  1. 30
  2. the cost of borrowing
  3. saving
  4. 300
  5. 400
  6. reinvesting
  7. putting profit back in
  8. spending
  9. reinvesting
  10. better paint for cards
  11. more seeds for next time
  12. 400
  13. 30
  14. 500
  15. 350
  16. 20
  17. for bad days and goals
  18. sweets for yourself
  19. 96
  20. 900
  21. 150
  22. a cinema ticket
  23. 27
  24. 900
  25. a piggy bank for later
  26. 120
  27. 726
  28. 112
  29. 720
  30. 535
  31. 342
  32. saving
  33. buying a second juicer
  34. talk to parents
  35. 714
  36. 1330
  37. 550
  38. 450
  39. saving
  40. 375

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