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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 581 · 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: profit put in a bank? (a) reinvesting (b) spending (c) saving
  2. 2.Nisha’s stall made a profit of ₹1900. Nisha saves 50% of it. How many rupees are saved?
  3. 3.Rohan’s stall made a profit of ₹700. Rohan saves 10% of it. How many rupees are saved?
  4. 4.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  5. 5.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) more seeds for next time (d) a new video game
  6. 6.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) sweets for yourself (d) buying a second juicer
  7. 7.Rohan’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?
  8. 8.Kabir’s stall made a profit of ₹800. Kabir saves 50% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.Rohan’s stall made a profit of ₹700. Rohan saves 25% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) better paint for cards (d) a cinema ticket
  14. 14.Gurpreet’s stall made a profit of ₹700. Gurpreet saves 10% of it. How many rupees are saved?
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  16. 16.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  17. 17.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  20. 20.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 50% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  23. 23.Meera’s stall made a profit of ₹1300. Meera saves 20% of it. How many rupees are saved?
  24. 24.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 ₹)?
  25. 25.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  26. 26.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  27. 27.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) profit put in a bank (d) better paint for cards
  31. 31.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.Lakshmi’s stall made a profit of ₹1200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  36. 36.Vihaan’s stall made a profit of ₹400. Vihaan saves 25% of it. How many rupees are saved?
  37. 37.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  38. 38.Joseph’s stall made a profit of ₹300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Zoya’s stall made a profit of ₹500. Zoya saves 10% of it. How many rupees are saved?

Answer key

  1. saving
  2. 950
  3. 70
  4. the cost of borrowing
  5. an emergency fund
  6. buying a second juicer
  7. 440
  8. 400
  9. 147
  10. 175
  11. 954
  12. 624
  13. a cinema ticket
  14. 70
  15. talk to parents
  16. spending
  17. 56
  18. 545
  19. to keep trust
  20. 144
  21. 300
  22. reinvesting
  23. 260
  24. 432
  25. for bad days and goals
  26. can I pay it back?
  27. 240
  28. 412
  29. 126
  30. profit put in a bank
  31. 60
  32. 480
  33. 112
  34. 254
  35. saving
  36. 100
  37. spending
  38. 90
  39. 30
  40. 50

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