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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 445 · 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 ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.Saanvi’s stall made a profit of ₹900. Saanvi saves 10% of it. How many rupees are saved?
  3. 3.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  4. 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  5. 5.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) better paint for cards (d) a new video game
  6. 6.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  7. 7.Joseph’s stall made a profit of ₹400. Joseph saves 10% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.Lakshmi’s stall made a profit of ₹1200. Lakshmi saves 20% of it. How many rupees are saved?
  10. 10.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  11. 11.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  12. 12.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.Meera’s stall made a profit of ₹2000. Meera saves 20% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  15. 15.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  16. 16.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  17. 17.Aarav’s stall made a profit of ₹900. Aarav saves 10% of it. How many rupees are saved?
  18. 18.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  19. 19.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  21. 21.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) a piggy bank for later (d) an emergency fund
  22. 22.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) an emergency fund (d) a cinema ticket
  23. 23.Zoya’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.Diya’s stall made a profit of ₹400. Diya saves 10% of it. How many rupees are saved?
  25. 25.Ananya’s stall made a profit of ₹900. Ananya saves 10% of it. How many rupees are saved?
  26. 26.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) an emergency fund (d) buying a second juicer
  27. 27.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  28. 28.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) buying a second juicer
  31. 31.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) profit put in a bank (d) a cinema ticket
  32. 32.Kavya’s stall made a profit of ₹500. Kavya saves 25% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  35. 35.Riya’s stall made a profit of ₹500. Riya saves 50% of it. How many rupees are saved?
  36. 36.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  37. 37.Arjun’s stall made a profit of ₹2000. Arjun saves 50% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 742
  2. 90
  3. reinvesting
  4. saving
  5. better paint for cards
  6. saving
  7. 40
  8. 102
  9. 240
  10. for bad days and goals
  11. the cost of borrowing
  12. 40
  13. 400
  14. reinvesting
  15. spending
  16. can I pay it back?
  17. 90
  18. to keep trust
  19. 654
  20. talk to parents
  21. a new video game
  22. more seeds for next time
  23. 600
  24. 40
  25. 90
  26. buying a second juicer
  27. putting profit back in
  28. 18
  29. 150
  30. a cinema ticket
  31. profit put in a bank
  32. 125
  33. 20
  34. saving
  35. 250
  36. spending
  37. 1000
  38. 90
  39. 981
  40. 104

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