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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 389 · 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.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  3. 3.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) more seeds for next time (d) a piggy bank for later
  4. 4.Tara’s stall made a profit of ₹2000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  6. 6.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) how fast can I spend? (d) nothing
  8. 8.Vihaan’s stall made a profit of ₹700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  11. 11.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.Nisha’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 reinvested?
  13. 13.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) a cinema ticket (d) a piggy bank for later
  15. 15.Kabir’s stall made a profit of ₹1600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Which of these is spending on yourself? (a) buying a second juicer (b) a new video game (c) profit put in a bank (d) more seeds for next time
  17. 17.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  18. 18.Aarav’s stall made a profit of ₹1700. Aarav saves 10% of it. How many rupees are saved?
  19. 19.Which of these is reinvesting in the business? (a) better paint for cards (b) a piggy bank for later (c) a new video game (d) sweets for yourself
  20. 20.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  23. 23.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) sweets for yourself (d) a piggy bank for later
  24. 24.Ishaan’s stall made a profit of ₹1400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Farhan’s stall made a profit of ₹1800. Farhan saves 10% of it. How many rupees are saved?
  26. 26.Arjun’s stall made a profit of ₹300. Arjun saves 50% of it. How many rupees are saved?
  27. 27.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) an emergency fund (d) a new video game
  28. 28.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) a piggy bank for later (d) better paint for cards
  29. 29.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  30. 30.Diya’s stall made a profit of ₹1400. Diya saves 50% of it. How many rupees are saved?
  31. 31.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  32. 32.Ananya’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  34. 34.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  35. 35.Lakshmi’s stall made a profit of ₹1300. Lakshmi saves 25% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.Diya’s stall made a profit of ₹200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Kabir’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  40. 40.Kavya’s stall made a profit of ₹1900. Kavya saves 10% of it. How many rupees are saved?

Answer key

  1. 10
  2. the cost of borrowing
  3. a cinema ticket
  4. 1000
  5. profit put in a bank
  6. 96
  7. can I pay it back?
  8. 420
  9. putting profit back in
  10. saving
  11. 1120
  12. 700
  13. 636
  14. buying a second juicer
  15. 640
  16. a new video game
  17. for bad days and goals
  18. 170
  19. better paint for cards
  20. 60
  21. 75
  22. reinvesting
  23. sweets for yourself
  24. 630
  25. 180
  26. 150
  27. an emergency fund
  28. a piggy bank for later
  29. to keep trust
  30. 700
  31. talk to parents
  32. 400
  33. saving
  34. saving
  35. 325
  36. 530
  37. 90
  38. 220
  39. spending
  40. 190

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