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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 495 · 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.Aarav’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?
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  3. 3.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) an emergency fund (d) better paint for cards
  4. 4.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) a new video game (d) more seeds for next time
  6. 6.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  8. 8.💡 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?
  9. 9.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  10. 10.Arjun’s stall made a profit of ₹400. Arjun saves 50% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  13. 13.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.Nisha’s stall made a profit of ₹1100. Nisha saves 20% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.Tara’s stall made a profit of ₹1100. Tara saves 10% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  19. 19.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
  20. 20.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) better paint for cards (d) an emergency fund
  21. 21.👪 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
  22. 22.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) profit put in a bank (d) a cinema ticket
  27. 27.Rohan’s stall made a profit of ₹1600. Rohan saves 25% of it. How many rupees are saved?
  28. 28.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  29. 29.Which of these is saving? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) sweets for yourself
  30. 30.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 ₹)?
  31. 31.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Vihaan’s stall made a profit of ₹400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  35. 35.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  36. 36.Which of these is spending on yourself? (a) a cinema ticket (b) a piggy bank for later (c) more seeds for next time (d) an emergency fund
  37. 37.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  38. 38.Ishaan’s stall made a profit of ₹1500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Rohan’s stall made a profit of ₹400. Rohan saves 20% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving

Answer key

  1. 150
  2. saving
  3. an emergency fund
  4. 81
  5. a new video game
  6. 363
  7. for bad days and goals
  8. can I pay it back?
  9. 121
  10. 200
  11. 635
  12. the cost of borrowing
  13. 189
  14. 220
  15. 672
  16. 110
  17. 60
  18. spending
  19. more seeds for next time
  20. better paint for cards
  21. talk to parents
  22. 690
  23. 648
  24. 8
  25. 428
  26. profit put in a bank
  27. 400
  28. putting profit back in
  29. a piggy bank for later
  30. 440
  31. 20
  32. 120
  33. 968
  34. to keep trust
  35. spending
  36. a cinema ticket
  37. saving
  38. 450
  39. 80
  40. reinvesting

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