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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 353 · 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 ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  4. 4.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) buying a second juicer
  5. 5.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  6. 6.Which of these is spending on yourself? (a) a new video game (b) more seeds for next time (c) profit put in a bank (d) a piggy bank for later
  7. 7.Which of these is saving? (a) a new video game (b) profit put in a bank (c) buying a second juicer (d) more seeds for next time
  8. 8.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  10. 10.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  11. 11.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) a cinema ticket (d) better paint for cards
  12. 12.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.Tara’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  15. 15.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  16. 16.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  17. 17.Meera’s stall made a profit of ₹1900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  19. 19.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 ₹)?
  20. 20.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) a new video game (d) more seeds for next time
  21. 21.Kabir’s stall made a profit of ₹600. Kabir saves 50% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  24. 24.Vihaan’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Which of these is saving? (a) more seeds for next time (b) a new video game (c) buying a second juicer (d) a piggy bank for later
  26. 26.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  27. 27.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  28. 28.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  30. 30.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.Ananya’s stall made a profit of ₹800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Riya’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?
  33. 33.Zoya’s stall made a profit of ₹600. Zoya saves 25% of it. How many rupees are saved?
  34. 34.Farhan’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  36. 36.Meera’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) an emergency fund
  38. 38.Gurpreet’s stall made a profit of ₹1600. Gurpreet saves 20% of it. How many rupees are saved?
  39. 39.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 10% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. 1016
  2. 120
  3. saving
  4. a cinema ticket
  5. saving
  6. a new video game
  7. profit put in a bank
  8. 105
  9. 127
  10. can I pay it back?
  11. better paint for cards
  12. 64
  13. 40
  14. spending
  15. reinvesting
  16. for bad days and goals
  17. 665
  18. putting profit back in
  19. 472
  20. more seeds for next time
  21. 300
  22. spending
  23. saving
  24. 100
  25. a piggy bank for later
  26. reinvesting
  27. talk to parents
  28. 540
  29. to keep trust
  30. 40
  31. 400
  32. 480
  33. 150
  34. 200
  35. reinvesting
  36. 120
  37. buying a second juicer
  38. 320
  39. 50
  40. 880

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