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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 587 · 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: sweets for yourself? (a) spending (b) reinvesting (c) saving
  2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  3. 3.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) nothing (d) can I pay it back?
  4. 4.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.Ishaan’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 reinvested?
  6. 6.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  7. 7.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) a cinema ticket (d) more seeds for next time
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  10. 10.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.Ishaan’s stall made a profit of ₹500. Ishaan saves 20% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  14. 14.Rohan’s stall made a profit of ₹1800. Rohan saves 50% of it. How many rupees are saved?
  15. 15.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
  16. 16.Farhan’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.Dev’s stall made a profit of ₹500. Dev saves 25% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  23. 23.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  25. 25.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  26. 26.Nisha’s stall made a profit of ₹1900. Nisha saves 20% of it. How many rupees are saved?
  27. 27.Saanvi’s stall made a profit of ₹500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Joseph’s stall made a profit of ₹1000. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Aarav’s stall made a profit of ₹1200. Aarav saves 20% of it. How many rupees are saved?
  30. 30.Farhan’s stall made a profit of ₹600. Farhan saves 25% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  32. 32.Ananya’s stall made a profit of ₹600. Ananya saves 25% of it. How many rupees are saved?
  33. 33.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
  34. 34.Diya’s stall made a profit of ₹400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Zoya’s stall made a profit of ₹700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.Farhan’s stall made a profit of ₹2000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Ananya’s stall made a profit of ₹800. Ananya saves 50% of it. How many rupees are saved?

Answer key

  1. spending
  2. saving
  3. can I pay it back?
  4. 144
  5. 250
  6. to keep trust
  7. an emergency fund
  8. talk to parents
  9. reinvesting
  10. 60
  11. 100
  12. 243
  13. saving
  14. 900
  15. profit put in a bank
  16. 180
  17. 354
  18. 440
  19. 15
  20. 72
  21. 125
  22. reinvesting
  23. 168
  24. putting profit back in
  25. the cost of borrowing
  26. 380
  27. 250
  28. 250
  29. 240
  30. 150
  31. spending
  32. 150
  33. a piggy bank for later
  34. 100
  35. 135
  36. 385
  37. 696
  38. 1270
  39. 400
  40. 400

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