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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 583 · 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 cinema ticket? (a) saving (b) spending (c) reinvesting
  2. 2.Ishaan’s stall made a profit of ₹1300. Ishaan saves 25% of it. How many rupees are saved?
  3. 3.Vihaan’s stall made a profit of ₹1500. Vihaan saves 10% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  5. 5.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) a new video game (d) more seeds for next time
  7. 7.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) more seeds for next time (d) profit put in a bank
  8. 8.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  9. 9.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) a piggy bank for later (d) a new video game
  10. 10.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.Arjun’s stall made a profit of ₹1900. Arjun saves 50% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.Gurpreet’s stall made a profit of ₹1300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
  16. 16.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) ask strangers (d) borrow online alone
  17. 17.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  18. 18.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  20. 20.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  21. 21.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
  22. 22.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.Joseph’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  27. 27.Joseph’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  29. 29.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  30. 30.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  31. 31.Tara’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Meera’s stall made a profit of ₹2000. Meera saves 10% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.Lakshmi’s stall made a profit of ₹1300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.Saanvi’s stall made a profit of ₹900. Saanvi saves 50% of it. How many rupees are saved?

Answer key

  1. spending
  2. 325
  3. 150
  4. reinvesting
  5. 224
  6. a new video game
  7. more seeds for next time
  8. the cost of borrowing
  9. a piggy bank for later
  10. 128
  11. 708
  12. 950
  13. 742
  14. 260
  15. can I pay it back?
  16. talk to parents
  17. reinvesting
  18. 212
  19. saving
  20. saving
  21. for bad days and goals
  22. 824
  23. 720
  24. 64
  25. 530
  26. spending
  27. 1190
  28. to keep trust
  29. saving
  30. putting profit back in
  31. 275
  32. 200
  33. 54
  34. 390
  35. 920
  36. 312
  37. 714
  38. 336
  39. 32
  40. 450

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