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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 546 · 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 ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  3. 3.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) a cinema ticket (d) better paint for cards
  4. 4.💡 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
  5. 5.Kabir’s stall made a profit of ₹1900. Kabir saves 25% of it. How many rupees are saved?
  6. 6.Lakshmi’s stall made a profit of ₹2000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.Farhan’s stall made a profit of ₹300. Farhan saves 20% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  12. 12.Ishaan’s stall made a profit of ₹1200. Ishaan saves 25% of it. How many rupees are saved?
  13. 13.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  14. 14.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.Lakshmi’s stall made a profit of ₹900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.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 ₹)?
  17. 17.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  19. 19.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.Diya’s stall made a profit of ₹200. Diya saves 25% of it. How many rupees are saved?
  21. 21.Ishaan’s stall made a profit of ₹700. Ishaan saves 10% of it. How many rupees are saved?
  22. 22.Rohan’s stall made a profit of ₹1900. Rohan saves 25% of it. How many rupees are saved?
  23. 23.Rohan’s stall made a profit of ₹1100. Rohan saves 10% of it. How many rupees are saved?
  24. 24.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
  25. 25.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  26. 26.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  28. 28.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  29. 29.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
  30. 30.Saanvi’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Farhan’s stall made a profit of ₹1500. Farhan saves 10% of it. How many rupees are saved?
  32. 32.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) an emergency fund (d) buying a second juicer
  33. 33.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) a cinema ticket (d) profit put in a bank
  35. 35.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  37. 37.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) sweets for yourself (d) buying a second juicer
  39. 39.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  40. 40.Aarav’s stall made a profit of ₹1300. Aarav saves 10% of it. How many rupees are saved?

Answer key

  1. 6
  2. saving
  3. a cinema ticket
  4. can I pay it back?
  5. 475
  6. 1000
  7. 144
  8. 60
  9. 81
  10. 24
  11. spending
  12. 300
  13. for bad days and goals
  14. 40
  15. 450
  16. 108
  17. 30
  18. talk to parents
  19. 4
  20. 50
  21. 70
  22. 475
  23. 110
  24. buying a second juicer
  25. spending
  26. 5
  27. saving
  28. the cost of borrowing
  29. to keep trust
  30. 240
  31. 150
  32. an emergency fund
  33. 12
  34. better paint for cards
  35. 525
  36. spending
  37. 27
  38. a piggy bank for later
  39. saving
  40. 130

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