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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 564 · 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.Farhan’s stall made a profit of ₹1200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  4. 4.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) more seeds for next time (d) sweets for yourself
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  7. 7.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
  8. 8.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  10. 10.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) a piggy bank for later (d) buying a second juicer
  11. 11.Kabir’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  13. 13.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) more seeds for next time (d) profit put in a bank
  15. 15.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  17. 17.Gurpreet’s stall made a profit of ₹800. Gurpreet saves 25% of it. How many rupees are saved?
  18. 18.Lakshmi’s stall made a profit of ₹1900. Lakshmi saves 50% of it. How many rupees are saved?
  19. 19.Lakshmi’s stall made a profit of ₹1000. Lakshmi saves 10% of it. How many rupees are saved?
  20. 20.Aarav’s stall made a profit of ₹1000. Aarav saves 20% of it. How many rupees are saved?
  21. 21.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) sweets for yourself (d) better paint for cards
  22. 22.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  23. 23.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  24. 24.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) to pay more interest (d) it does not matter
  25. 25.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) buying a second juicer (d) a piggy bank for later
  27. 27.Joseph’s stall made a profit of ₹1800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Zoya’s stall made a profit of ₹500. Zoya saves 10% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Aarav’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Which of these is saving? (a) sweets for yourself (b) a new video game (c) an emergency fund (d) better paint for cards
  32. 32.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  33. 33.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.Aarav’s stall made a profit of ₹1800. Aarav saves 20% of it. How many rupees are saved?
  35. 35.Diya’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  39. 39.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  40. 40.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. 660
  2. 520
  3. putting profit back in
  4. 18
  5. more seeds for next time
  6. reinvesting
  7. a piggy bank for later
  8. reinvesting
  9. spending
  10. a cinema ticket
  11. 440
  12. reinvesting
  13. 18
  14. sweets for yourself
  15. 60
  16. can I pay it back?
  17. 200
  18. 950
  19. 100
  20. 200
  21. better paint for cards
  22. saving
  23. the cost of borrowing
  24. to keep trust
  25. 56
  26. buying a second juicer
  27. 1080
  28. 50
  29. 21
  30. 40
  31. an emergency fund
  32. talk to parents
  33. 218
  34. 360
  35. 200
  36. 18
  37. 214
  38. for bad days and goals
  39. spending
  40. 70

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