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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 465 · 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 ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  3. 3.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.Nisha’s stall made a profit of ₹1600. Nisha saves 20% of it. How many rupees are saved?
  8. 8.Vihaan’s stall made a profit of ₹600. Vihaan saves 20% of it. How many rupees are saved?
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  10. 10.Gurpreet’s stall made a profit of ₹800. Gurpreet saves 50% of it. How many rupees are saved?
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  12. 12.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  13. 13.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  14. 14.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.Which of these is saving? (a) a new video game (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  16. 16.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  17. 17.Tara’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Dev’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Saanvi’s stall made a profit of ₹1700. Saanvi saves 50% of it. How many rupees are saved?
  20. 20.Kabir’s stall made a profit of ₹800. Kabir saves 25% of it. How many rupees are saved?
  21. 21.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) sweets for yourself (d) a piggy bank for later
  22. 22.Which of these is spending on yourself? (a) a new video game (b) an emergency fund (c) profit put in a bank (d) a piggy bank for later
  23. 23.Farhan’s stall made a profit of ₹1500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.Which of these is saving? (a) a cinema ticket (b) a new video game (c) buying a second juicer (d) a piggy bank for later
  25. 25.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  26. 26.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  27. 27.Kabir’s stall made a profit of ₹1100. Kabir saves 25% of it. How many rupees are saved?
  28. 28.Meera’s stall made a profit of ₹1300. Meera saves 10% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.Diya’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  33. 33.Tara’s stall made a profit of ₹1500. Tara saves 20% of it. How many rupees are saved?
  34. 34.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) a new video game (d) profit put in a bank
  35. 35.Zoya’s stall made a profit of ₹2000. Zoya saves 20% of it. How many rupees are saved?
  36. 36.Aarav’s stall made a profit of ₹600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  39. 39.Which of these is reinvesting in the business? (a) buying a second juicer (b) an emergency fund (c) profit put in a bank (d) a piggy bank for later
  40. 40.Diya’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 440
  2. spending
  3. 520
  4. 254
  5. 3
  6. 48
  7. 320
  8. 120
  9. reinvesting
  10. 400
  11. talk to parents
  12. spending
  13. for bad days and goals
  14. 42
  15. an emergency fund
  16. to keep trust
  17. 300
  18. 240
  19. 850
  20. 200
  21. sweets for yourself
  22. a new video game
  23. 900
  24. a piggy bank for later
  25. putting profit back in
  26. saving
  27. 275
  28. 130
  29. 60
  30. 560
  31. 109
  32. the cost of borrowing
  33. 300
  34. profit put in a bank
  35. 400
  36. 240
  37. 48
  38. can I pay it back?
  39. buying a second juicer
  40. 330

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