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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 355 · 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 ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.👪 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
  3. 3.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.Saanvi’s stall made a profit of ₹500. Saanvi saves 20% of it. How many rupees are saved?
  5. 5.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  6. 6.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) profit put in a bank (d) an emergency fund
  7. 7.Arjun’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.Ishaan’s stall made a profit of ₹400. Ishaan saves 25% of it. How many rupees are saved?
  9. 9.Which of these is spending on yourself? (a) a cinema ticket (b) an emergency fund (c) profit put in a bank (d) a piggy bank for later
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  11. 11.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  12. 12.Kavya’s stall made a profit of ₹500. Kavya saves 20% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  15. 15.Rohan’s stall made a profit of ₹1600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  17. 17.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) better paint for cards (d) buying a second juicer
  18. 18.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.Joseph’s stall made a profit of ₹1500. Joseph saves 25% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.Zoya’s stall made a profit of ₹400. Zoya saves 50% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  23. 23.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  26. 26.Diya’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) better paint for cards (d) more seeds for next time
  28. 28.Riya’s stall made a profit of ₹2000. Riya saves 10% of it. How many rupees are saved?
  29. 29.Zoya’s stall made a profit of ₹1400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.Riya’s stall made a profit of ₹1100. Riya saves 20% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  32. 32.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  33. 33.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  34. 34.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  35. 35.Which of these is saving? (a) a cinema ticket (b) a piggy bank for later (c) sweets for yourself (d) more seeds for next time
  36. 36.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.Ishaan’s stall made a profit of ₹700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  39. 39.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) a cinema ticket (d) profit put in a bank
  40. 40.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 636
  2. talk to parents
  3. 60
  4. 100
  5. to keep trust
  6. buying a second juicer
  7. 60
  8. 100
  9. a cinema ticket
  10. spending
  11. can I pay it back?
  12. 100
  13. 963
  14. spending
  15. 400
  16. saving
  17. a new video game
  18. 54
  19. 375
  20. 936
  21. 200
  22. saving
  23. 1150
  24. 96
  25. saving
  26. 260
  27. an emergency fund
  28. 200
  29. 350
  30. 220
  31. reinvesting
  32. putting profit back in
  33. for bad days and goals
  34. the cost of borrowing
  35. a piggy bank for later
  36. 180
  37. 175
  38. reinvesting
  39. profit put in a bank
  40. 848

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