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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 513 · 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 ₹600 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
  3. 3.Lakshmi’s stall made a profit of ₹1600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) profit put in a bank (d) buying a second juicer
  5. 5.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  6. 6.Nisha’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.Diya’s stall made a profit of ₹1600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  10. 10.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) sweets for yourself (d) an emergency fund
  11. 11.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
  12. 12.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  14. 14.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  15. 15.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.Joseph’s stall made a profit of ₹900. Joseph saves 25% of it. How many rupees are saved?
  17. 17.Joseph’s stall made a profit of ₹1800. Joseph saves 20% of it. How many rupees are saved?
  18. 18.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  19. 19.Which of these is saving? (a) a piggy bank for later (b) better paint for cards (c) a cinema ticket (d) buying a second juicer
  20. 20.Kavya’s stall made a profit of ₹1000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.Kabir’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  23. 23.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) a new video game (d) better paint for cards
  24. 24.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.Arjun’s stall made a profit of ₹300. Arjun saves 10% of it. How many rupees are saved?
  26. 26.Zoya’s stall made a profit of ₹1200. Zoya saves 10% of it. How many rupees are saved?
  27. 27.Gurpreet’s stall made a profit of ₹900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Meera’s stall made a profit of ₹300. Meera saves 50% of it. How many rupees are saved?
  29. 29.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 ₹)?
  30. 30.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) profit put in a bank (d) more seeds for next time
  31. 31.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  32. 32.Vihaan’s stall made a profit of ₹1900. Vihaan saves 25% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  35. 35.Saanvi’s stall made a profit of ₹1600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Vihaan’s stall made a profit of ₹1200. Vihaan saves 10% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Diya’s stall made a profit of ₹500. Diya saves 20% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. 24
  2. profit put in a bank
  3. 800
  4. sweets for yourself
  5. reinvesting
  6. 300
  7. 960
  8. 318
  9. the cost of borrowing
  10. an emergency fund
  11. can I pay it back?
  12. talk to parents
  13. saving
  14. for bad days and goals
  15. 107
  16. 225
  17. 360
  18. spending
  19. a piggy bank for later
  20. 400
  21. 200
  22. to keep trust
  23. a new video game
  24. 192
  25. 30
  26. 120
  27. 450
  28. 150
  29. 121
  30. more seeds for next time
  31. spending
  32. 475
  33. 72
  34. saving
  35. 320
  36. 120
  37. 32
  38. 56
  39. 100
  40. 460

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