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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 567 · 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.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  2. 2.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) a piggy bank for later (d) a new video game
  4. 4.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  5. 5.Nisha’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?
  6. 6.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  7. 7.Arjun’s stall made a profit of ₹1000. Arjun saves 10% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.Diya’s stall made a profit of ₹300. Diya saves 25% of it. How many rupees are saved?
  11. 11.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 ₹)?
  12. 12.Zoya’s stall made a profit of ₹800. Zoya saves 50% of it. How many rupees are saved?
  13. 13.Arjun’s stall made a profit of ₹1700. Arjun saves 20% of it. How many rupees are saved?
  14. 14.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) more seeds for next time (d) a new video game
  15. 15.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) better paint for cards (d) a piggy bank for later
  16. 16.Rohan’s stall made a profit of ₹600. Rohan saves 20% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  18. 18.Kavya’s stall made a profit of ₹1900. Kavya saves 50% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.Tara’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 reinvested?
  23. 23.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  25. 25.👪 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
  26. 26.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.Rohan’s stall made a profit of ₹1400. Rohan saves 20% of it. How many rupees are saved?
  28. 28.Zoya’s stall made a profit of ₹1400. Zoya saves 50% of it. How many rupees are saved?
  29. 29.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  30. 30.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) sweets for yourself (d) an emergency fund
  31. 31.Which of these is saving? (a) a new video game (b) buying a second juicer (c) more seeds for next time (d) profit put in a bank
  32. 32.Which of these is reinvesting in the business? (a) buying a second juicer (b) profit put in a bank (c) sweets for yourself (d) a new video game
  33. 33.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Saanvi’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Kavya’s stall made a profit of ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Meera’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
  38. 38.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Joseph’s stall made a profit of ₹1900. Joseph saves 50% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. saving
  2. 5
  3. a new video game
  4. saving
  5. 1080
  6. to keep trust
  7. 100
  8. 318
  9. 60
  10. 75
  11. 107
  12. 400
  13. 340
  14. an emergency fund
  15. a cinema ticket
  16. 120
  17. reinvesting
  18. 950
  19. 270
  20. 18
  21. 24
  22. 250
  23. 24
  24. spending
  25. talk to parents
  26. 327
  27. 280
  28. 700
  29. for bad days and goals
  30. sweets for yourself
  31. profit put in a bank
  32. buying a second juicer
  33. 240
  34. 150
  35. 540
  36. 480
  37. can I pay it back?
  38. 432
  39. 950
  40. 315

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