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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 395 · 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 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.Kabir’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.Ishaan’s stall made a profit of ₹1900. Ishaan saves 50% of it. How many rupees are saved?
  4. 4.Joseph’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) sweets for yourself (d) an emergency fund
  6. 6.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  7. 7.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  8. 8.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  11. 11.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  12. 12.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  13. 13.Aarav’s stall made a profit of ₹1000. Aarav saves 50% of it. How many rupees are saved?
  14. 14.Lakshmi’s stall made a profit of ₹600. Lakshmi saves 10% of it. How many rupees are saved?
  15. 15.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  16. 16.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.👪 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
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  19. 19.Rohan’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) a piggy bank for later (d) better paint for cards
  22. 22.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  24. 24.Lakshmi’s stall made a profit of ₹500. Lakshmi saves 10% of it. How many rupees are saved?
  25. 25.Which of these is saving? (a) profit put in a bank (b) sweets for yourself (c) a new video game (d) a cinema ticket
  26. 26.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) a cinema ticket (d) a piggy bank for later
  29. 29.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) a new video game (d) more seeds for next time
  31. 31.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) better paint for cards (d) a new video game
  32. 32.Which of these is saving? (a) an emergency fund (b) a new video game (c) more seeds for next time (d) buying a second juicer
  33. 33.Diya’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Arjun’s stall made a profit of ₹700. Arjun saves 25% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  37. 37.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 ₹)?
  38. 38.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 ₹)?
  39. 39.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) an emergency fund (d) a piggy bank for later

Answer key

  1. 36
  2. 850
  3. 950
  4. 350
  5. sweets for yourself
  6. spending
  7. can I pay it back?
  8. 2
  9. 990
  10. putting profit back in
  11. reinvesting
  12. for bad days and goals
  13. 500
  14. 60
  15. the cost of borrowing
  16. 90
  17. talk to parents
  18. saving
  19. 180
  20. 24
  21. better paint for cards
  22. 992
  23. saving
  24. 50
  25. profit put in a bank
  26. 212
  27. 106
  28. a cinema ticket
  29. 105
  30. a piggy bank for later
  31. a new video game
  32. an emergency fund
  33. 120
  34. 175
  35. 56
  36. saving
  37. 318
  38. 880
  39. 981
  40. buying a second juicer

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