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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 537 · 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 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) a cinema ticket (d) better paint for cards
  3. 3.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) a new video game (d) a piggy bank for later
  4. 4.Ananya’s stall made a profit of ₹600. Ananya saves 25% of it. How many rupees are saved?
  5. 5.Joseph’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?
  6. 6.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  7. 7.Kabir’s stall made a profit of ₹300. Kabir saves 10% of it. How many rupees are saved?
  8. 8.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  11. 11.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  12. 12.Lakshmi’s stall made a profit of ₹1700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.Arjun’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Meera’s stall made a profit of ₹1500. Meera saves 10% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  19. 19.Arjun’s stall made a profit of ₹1000. Arjun saves 10% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  22. 22.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  23. 23.Gurpreet’s stall made a profit of ₹2000. Gurpreet saves 25% of it. How many rupees are saved?
  24. 24.Which of these is spending on yourself? (a) buying a second juicer (b) a new video game (c) profit put in a bank (d) better paint for cards
  25. 25.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Arjun’s stall made a profit of ₹1200. Arjun saves 25% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  28. 28.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) an emergency fund (d) more seeds for next time
  29. 29.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
  31. 31.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  32. 32.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  33. 33.Rohan’s stall made a profit of ₹900. Rohan saves 25% of it. How many rupees are saved?
  34. 34.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) sweets for yourself (d) profit put in a bank
  35. 35.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Arjun’s stall made a profit of ₹1700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Lakshmi’s stall made a profit of ₹1300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Rohan’s stall made a profit of ₹1600. Rohan saves 10% of it. How many rupees are saved?
  40. 40.Which of these is spending on yourself? (a) sweets for yourself (b) profit put in a bank (c) buying a second juicer (d) an emergency fund

Answer key

  1. 20
  2. an emergency fund
  3. better paint for cards
  4. 150
  5. 350
  6. spending
  7. 30
  8. can I pay it back?
  9. reinvesting
  10. saving
  11. to keep trust
  12. 680
  13. 20
  14. 127
  15. 100
  16. 150
  17. 160
  18. the cost of borrowing
  19. 100
  20. 212
  21. spending
  22. spending
  23. 500
  24. a new video game
  25. 336
  26. 300
  27. saving
  28. more seeds for next time
  29. 60
  30. for bad days and goals
  31. talk to parents
  32. reinvesting
  33. 225
  34. profit put in a bank
  35. 390
  36. 340
  37. 260
  38. 20
  39. 160
  40. sweets for yourself

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