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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 357 · 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.Ishaan’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
  4. 4.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) a new video game (d) profit put in a bank
  5. 5.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) profit put in a bank (d) a cinema ticket
  6. 6.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) saving is a loss (d) no reason
  8. 8.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  9. 9.Kavya’s stall made a profit of ₹1000. Kavya saves 50% of it. How many rupees are saved?
  10. 10.Joseph’s stall made a profit of ₹800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  12. 12.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  14. 14.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.Farhan’s stall made a profit of ₹400. Farhan saves 25% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  18. 18.Aarav’s stall made a profit of ₹1800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Which of these is saving? (a) profit put in a bank (b) better paint for cards (c) sweets for yourself (d) more seeds for next time
  20. 20.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.Tara’s stall made a profit of ₹1000. Tara saves 20% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
  25. 25.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) more seeds for next time
  28. 28.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Zoya’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?
  31. 31.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.Farhan’s stall made a profit of ₹1500. Farhan saves 50% of it. How many rupees are saved?
  33. 33.Kavya’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Which of these is spending on yourself? (a) a piggy bank for later (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
  35. 35.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  36. 36.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  37. 37.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  38. 38.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.Diya’s stall made a profit of ₹700. Diya saves 25% of it. How many rupees are saved?
  40. 40.Joseph’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 210
  2. 15
  3. talk to parents
  4. a new video game
  5. a cinema ticket
  6. 318
  7. for bad days and goals
  8. putting profit back in
  9. 500
  10. 240
  11. spending
  12. 1060
  13. to keep trust
  14. 330
  15. 140
  16. 100
  17. saving
  18. 900
  19. profit put in a bank
  20. 6
  21. 336
  22. 200
  23. 40
  24. can I pay it back?
  25. 30
  26. 318
  27. an emergency fund
  28. 728
  29. 8
  30. 200
  31. 60
  32. 750
  33. 180
  34. sweets for yourself
  35. the cost of borrowing
  36. saving
  37. reinvesting
  38. 54
  39. 175
  40. 1190

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