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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 58 · 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.Saanvi’s stall made a profit of ₹1500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  4. 4.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.Which of these is saving? (a) a piggy bank for later (b) more seeds for next time (c) a new video game (d) buying a second juicer
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  9. 9.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  10. 10.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  11. 11.Saanvi’s stall made a profit of ₹1400. Saanvi saves 50% of it. How many rupees are saved?
  12. 12.Farhan’s stall made a profit of ₹1700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) an emergency fund (d) more seeds for next time
  15. 15.Which of these is spending on yourself? (a) a piggy bank for later (b) sweets for yourself (c) more seeds for next time (d) buying a second juicer
  16. 16.Meera’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?
  17. 17.👪 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
  18. 18.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  20. 20.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a cinema ticket (d) sweets for yourself
  23. 23.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  25. 25.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  26. 26.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  28. 28.Ishaan’s stall made a profit of ₹700. Ishaan saves 20% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) a cinema ticket (d) profit put in a bank
  33. 33.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) a piggy bank for later
  34. 34.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  37. 37.Joseph’s stall made a profit of ₹600. Joseph saves 25% of it. How many rupees are saved?
  38. 38.Farhan’s stall made a profit of ₹900. Farhan saves 25% of it. How many rupees are saved?
  39. 39.Rohan’s stall made a profit of ₹1700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 750
  2. 90
  3. for bad days and goals
  4. 180
  5. 309
  6. a piggy bank for later
  7. spending
  8. saving
  9. the cost of borrowing
  10. to keep trust
  11. 700
  12. 510
  13. 24
  14. a cinema ticket
  15. sweets for yourself
  16. 340
  17. talk to parents
  18. 8
  19. reinvesting
  20. 60
  21. 90
  22. more seeds for next time
  23. 4
  24. spending
  25. reinvesting
  26. 84
  27. spending
  28. 140
  29. 80
  30. 106
  31. 324
  32. profit put in a bank
  33. better paint for cards
  34. 36
  35. 763
  36. can I pay it back?
  37. 150
  38. 225
  39. 510
  40. 27

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