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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 351 · 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 ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  3. 3.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  4. 4.💡 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?
  5. 5.Which of these is reinvesting in the business? (a) buying a second juicer (b) an emergency fund (c) a new video game (d) profit put in a bank
  6. 6.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) better paint for cards (d) a cinema ticket
  9. 9.Diya’s stall made a profit of ₹200. Diya saves 10% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  11. 11.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  13. 13.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) sweets for yourself (d) better paint for cards
  15. 15.Aarav’s stall made a profit of ₹800. Aarav saves 20% of it. How many rupees are saved?
  16. 16.Meera’s stall made a profit of ₹1400. Meera saves 10% of it. How many rupees are saved?
  17. 17.Ishaan’s stall made a profit of ₹1400. Ishaan saves 25% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.Aarav’s stall made a profit of ₹600. Aarav saves 25% of it. How many rupees are saved?
  20. 20.Lakshmi’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.Ananya’s stall made a profit of ₹200. Ananya saves 25% of it. How many rupees are saved?
  23. 23.Zoya’s stall made a profit of ₹1200. Zoya saves 20% of it. How many rupees are saved?
  24. 24.Which of these is saving? (a) profit put in a bank (b) better paint for cards (c) more seeds for next time (d) buying a second juicer
  25. 25.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
  26. 26.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) a new video game (d) more seeds for next time
  27. 27.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) an emergency fund (d) a new video game
  28. 28.Saanvi’s stall made a profit of ₹1700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  30. 30.Ananya’s stall made a profit of ₹700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) better paint for cards (d) sweets for yourself
  32. 32.Aarav’s stall made a profit of ₹900. Aarav saves 20% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  34. 34.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.Riya’s stall made a profit of ₹1000. Riya saves 25% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  38. 38.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Ishaan’s stall made a profit of ₹1900. Ishaan saves 20% of it. How many rupees are saved?
  40. 40.Arjun’s stall made a profit of ₹400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 10
  2. spending
  3. talk to parents
  4. can I pay it back?
  5. buying a second juicer
  6. 36
  7. 90
  8. a cinema ticket
  9. 20
  10. reinvesting
  11. 896
  12. saving
  13. 30
  14. better paint for cards
  15. 160
  16. 140
  17. 350
  18. 472
  19. 150
  20. 300
  21. 63
  22. 50
  23. 240
  24. profit put in a bank
  25. for bad days and goals
  26. more seeds for next time
  27. an emergency fund
  28. 850
  29. the cost of borrowing
  30. 140
  31. sweets for yourself
  32. 180
  33. spending
  34. 944
  35. 250
  36. 112
  37. putting profit back in
  38. 672
  39. 380
  40. 120

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