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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 476 · 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 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.Which of these is saving? (a) an emergency fund (b) a new video game (c) better paint for cards (d) buying a second juicer
  3. 3.Ishaan’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a new video game (d) buying a second juicer
  5. 5.Lakshmi’s stall made a profit of ₹1100. Lakshmi saves 25% of it. How many rupees are saved?
  6. 6.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) profit put in a bank
  7. 7.Which of these is saving? (a) profit put in a bank (b) a new video game (c) more seeds for next time (d) sweets for yourself
  8. 8.Dev’s stall made a profit of ₹900. Dev saves 20% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.💡 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?
  11. 11.Riya’s stall made a profit of ₹1000. Riya saves 50% of it. How many rupees are saved?
  12. 12.Ananya’s stall made a profit of ₹1600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) a cinema ticket (d) better paint for cards
  14. 14.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.Meera’s stall made a profit of ₹400. Meera saves 20% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.Vihaan’s stall made a profit of ₹800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  19. 19.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  20. 20.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  21. 21.👪 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
  22. 22.Vihaan’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 spent?
  23. 23.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  24. 24.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  25. 25.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  26. 26.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) profit put in a bank (d) sweets for yourself
  28. 28.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  31. 31.Arjun’s stall made a profit of ₹500. Arjun saves 25% of it. How many rupees are saved?
  32. 32.Kavya’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Dev’s stall made a profit of ₹2000. Dev saves 50% of it. How many rupees are saved?
  34. 34.Gurpreet’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  36. 36.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Farhan’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?
  38. 38.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  40. 40.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals

Answer key

  1. 464
  2. an emergency fund
  3. 120
  4. a new video game
  5. 275
  6. buying a second juicer
  7. profit put in a bank
  8. 180
  9. 180
  10. can I pay it back?
  11. 500
  12. 800
  13. better paint for cards
  14. 816
  15. 80
  16. 824
  17. 240
  18. putting profit back in
  19. reinvesting
  20. reinvesting
  21. talk to parents
  22. 240
  23. spending
  24. spending
  25. the cost of borrowing
  26. 147
  27. sweets for yourself
  28. 624
  29. 868
  30. saving
  31. 125
  32. 200
  33. 1000
  34. 340
  35. saving
  36. 36
  37. 120
  38. 30
  39. to keep trust
  40. for bad days and goals

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