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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 456 · 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.Diya’s stall made a profit of ₹400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  4. 4.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.Dev’s stall made a profit of ₹1400. Dev saves 20% of it. How many rupees are saved?
  7. 7.Ananya’s stall made a profit of ₹1500. Ananya saves 10% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  10. 10.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) sweets for yourself (d) a cinema ticket
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  12. 12.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  13. 13.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  15. 15.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) a piggy bank for later (d) profit put in a bank
  17. 17.Rohan’s stall made a profit of ₹300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Dev’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  21. 21.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  22. 22.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  24. 24.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  25. 25.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Dev’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) a new video game (d) an emergency fund
  28. 28.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  29. 29.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Ananya’s stall made a profit of ₹2000. Ananya saves 10% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Ananya’s stall made a profit of ₹1300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Zoya’s stall made a profit of ₹400. Zoya saves 50% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  36. 36.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  37. 37.Meera’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) a new video game (d) sweets for yourself
  40. 40.Which of these is saving? (a) a new video game (b) sweets for yourself (c) buying a second juicer (d) profit put in a bank

Answer key

  1. 200
  2. 312
  3. putting profit back in
  4. 520
  5. 1270
  6. 280
  7. 150
  8. 84
  9. saving
  10. a piggy bank for later
  11. spending
  12. reinvesting
  13. 726
  14. the cost of borrowing
  15. 864
  16. sweets for yourself
  17. 120
  18. 520
  19. 936
  20. saving
  21. for bad days and goals
  22. 56
  23. can I pay it back?
  24. talk to parents
  25. 880
  26. 150
  27. a new video game
  28. reinvesting
  29. 70
  30. 200
  31. 36
  32. 260
  33. 200
  34. 1116
  35. spending
  36. reinvesting
  37. 450
  38. 1080
  39. buying a second juicer
  40. profit put in a bank

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