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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 533 · 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 teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  2. 2.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  4. 4.Meera’s stall made a profit of ₹2000. Meera saves 20% of it. How many rupees are saved?
  5. 5.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  6. 6.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  7. 7.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  8. 8.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  9. 9.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.Kavya’s stall made a profit of ₹800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) a new video game (d) a piggy bank for later
  12. 12.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) a piggy bank for later (d) more seeds for next time
  13. 13.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.Kabir’s stall made a profit of ₹300. Kabir saves 20% of it. How many rupees are saved?
  15. 15.Lakshmi’s stall made a profit of ₹300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) more seeds for next time
  17. 17.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.Lakshmi’s stall made a profit of ₹1900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Ishaan’s stall made a profit of ₹1800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.💡 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
  21. 21.Riya’s stall made a profit of ₹1600. Riya saves 10% of it. How many rupees are saved?
  22. 22.Gurpreet’s stall made a profit of ₹1900. Gurpreet saves 10% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  24. 24.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  25. 25.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  26. 26.Zoya’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) a piggy bank for later (d) better paint for cards
  28. 28.Tara’s stall made a profit of ₹300. Tara saves 10% of it. How many rupees are saved?
  29. 29.Diya’s stall made a profit of ₹1200. Diya saves 50% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.Riya’s stall made a profit of ₹1000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.Which of these is saving? (a) buying a second juicer (b) a new video game (c) an emergency fund (d) a cinema ticket
  35. 35.Lakshmi’s stall made a profit of ₹200. Lakshmi saves 20% of it. How many rupees are saved?
  36. 36.Diya’s stall made a profit of ₹1000. Diya saves 20% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  39. 39.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. talk to parents
  2. 1150
  3. 118
  4. 400
  5. reinvesting
  6. reinvesting
  7. to keep trust
  8. putting profit back in
  9. 3
  10. 400
  11. a piggy bank for later
  12. more seeds for next time
  13. 126
  14. 60
  15. 135
  16. profit put in a bank
  17. 54
  18. 570
  19. 540
  20. can I pay it back?
  21. 160
  22. 190
  23. reinvesting
  24. for bad days and goals
  25. the cost of borrowing
  26. 350
  27. better paint for cards
  28. 30
  29. 600
  30. 654
  31. 450
  32. 108
  33. 96
  34. an emergency fund
  35. 40
  36. 200
  37. 918
  38. saving
  39. 32
  40. 20

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